Avinger Inc Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Avinger Inc inventory turnover ratio, the Avinger Inc 's ability to sell and replace its inventory in the third quarter 2024, sequentially increased to 0.97 in the third quarter 2024, yet the ratio remained below the average, as AVGR's market remain challenging.Average inventory processing period, for the Avinger Inc in Sep 30 2024 quarter, has decreased to 376 days, compare to 415 days, in the Jun 30 2024 quarter.

Within Healthcare sector 340 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 1378 in the second quarter 2024, to 1769.

AVGR Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Avinger Inc Market Share?

What is Inventory Turnover Ratio?

Select the Comparisons :

None ▼

Select the Ratio:

Inventory Turnover▼

None ▼

Inventory Turnover▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

AVGR Inventory Turnover Ratio	(Sep 30 2024) III. Quarter	(Jun 30 2024) II. Quarter	(Mar 31 2024) I. Quarter	(Dec 31 2023) IV. Quarter	(Sep 30 2023) III. Quarter
Y / Y Inventory Growth	-32.63 %	-25.35 %	-14.2 %	6.71 %	10.56 %
Y / Y Cost of Sales Growth	0 %	-30.36 %	-20.13 %	-0.46 %	-31.6 %
Inventory Turnover Ratio (TTM)	0.97	0.88	0.91	0.92	0.94
AVGR's Total Ranking	# 1769	# 1378	# 1334	# 1244	# 225
Average inventory processing period	375	414	403	396	390
Seq. Inventory Growth	-8.76 %	-9.69 %	-13.89 %	-5.05 %	1.11 %
Seq. Cost of Sales Growth	0 %	0 %	-23.78 %	31.2 %	-30.36 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Medical Equipment & Supplies Industry	# 153
Healthcare Sector	# 341
Overall Market	# 1769

Inventory Turnover Ratio Statistics
High	Average	Low
2.13	1.55	0.88
(Dec 31 2017)		(Jun 30 2024)

AVGR Company Profile >> Back to AVGR Efficiency Comparisons >> Compare AVGR Inventory Turnover Ratio to its Competitors

Financial Statements
Avinger Inc 's Inventories	$ 4 Millions	Visit AVGR's Balance sheet
Avinger Inc 's Cost of Revenues TTM	$ 4 Millions	Visit AVGR's Income Statement
What are AVGR's Sales?		Visit AVGR's Sales by Segment

Other Inventory Turnover Ratios
Avinger Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Medical Equipment & Supplies Industry Inventory Turnover Trends and Statistics
Healthcare Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
AVGR's Inventory Turnover Ratio versus Medical Equipment & Supplies Industry, Healthcare Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for AVGR's Competitors
Inventory Turnover Ratio for AVGR's Suppliers
Inventory Turnover Ratio for AVGR's Customers

You may also want to know
AVGR's Sales Growth Rates	AVGR's Pe Price to earnings ratio	AVGR's Receivables Turnover Ratio	AVGR's Stock Quote
AVGR's Net Income Growth Rates	AVGR's Ps Price to Sales ratio	AVGR's Sales per Employee	AVGR's Asset Turnover Ratio
AVGR's Net Margin	AVGR's Pb Price to Book ratio	AVGR's Financial Strength Ratios	AVGR's Dividend Payout Ratio

Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2024, within Healthcare Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Sep 30 2024	Inventories at quarter ending Sep 30 2024
Ardelyx inc	3.15	$ 37.369 Millions	$ 12 Millions
Myomo Inc	3.09	$ 7.861 Millions	$ 3 Millions
Inmed Pharmaceuticals Inc	3.07	$ 3.330 Millions	$ 1 Millions
Dentsply Sirona Inc	3.03	$ 1,866.000 Millions	$ 616 Millions
Tarsus Pharmaceuticals Inc	2.99	$ 9.116 Millions	$ 3 Millions
Agilent Technologies inc	2.99	$ 2,975.000 Millions	$ 996 Millions
Telesis Bio Inc	2.99	$ 7.580 Millions	$ 3 Millions
Sonoma Pharmaceuticals Inc	2.98	$ 8.329 Millions	$ 3 Millions
Amneal Pharmaceuticals Inc	2.98	$ 1,732.833 Millions	$ 581 Millions
Msa Safety Inc	2.96	$ 940.000 Millions	$ 318 Millions
Maravai Lifesciences Holdings Inc	2.96	$ 148.540 Millions	$ 50 Millions
Mettler toledo International Inc	2.92	$ 1,096.462 Millions	$ 375 Millions
Akebia Therapeutics Inc	2.91	$ 62.185 Millions	$ 21 Millions
Orasure Technologies Inc	2.90	$ 121.852 Millions	$ 42 Millions
Sunshine Biopharma Inc	2.87	$ 22.815 Millions	$ 8 Millions
Coherus Oncology inc	2.87	$ 168.262 Millions	$ 59 Millions
Amphastar Pharmaceuticals Inc	2.87	$ 340.202 Millions	$ 119 Millions
Alpha Teknova Inc	2.83	$ 29.302 Millions	$ 10 Millions
Caredx Inc	2.83	$ 55.192 Millions	$ 20 Millions
Elite Pharmaceuticals Inc	2.82	$ 39.000 Millions	$ 14 Millions
Bausch Health Companies Inc	2.80	$ 2,713.000 Millions	$ 968 Millions
Iridex Corp	2.79	$ 30.000 Millions	$ 11 Millions
Acutus Medical Inc	2.75	$ 13.466 Millions	$ 5 Millions
Sanuwave Health Inc	2.75	$ 7.958 Millions	$ 3 Millions
Illumina Inc	2.75	$ 1,584.000 Millions	$ 577 Millions
Mirum Pharmaceuticals Inc	2.74	$ 58.863 Millions	$ 21 Millions
Tandem Diabetes Care Inc	2.74	$ 428.501 Millions	$ 156 Millions
International Stem Cell Corporation	2.73	$ 3.637 Millions	$ 1 Millions
Abbott Laboratories	2.71	$ 18,320.000 Millions	$ 6,756 Millions
Tenon Medical Inc	2.68	$ 1.558 Millions	$ 1 Millions

Date modified: 2026-08-29T17:26:39+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.