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Biotricity Inc   (BTCY)
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Biotricity Inc Inventory Turnover Ratio (COS)

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

Biotricity Inc 's inventory turnover ratio, the ratio that measures Biotricity Inc 's ability to manage its supply chain, sequentially decreased to 1.49 in the fourth quarter 2024, which does not come as a surprise, as the Biotricity Inc continue to experience headwinds, which also impact its supply chain. Biotricity Inc 's average inventory processing period in the Mar 31 2024 quarter, has increased to 245 days, from 191 days, in the Dec 31 2023 quarter.

Within Healthcare sector 219 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 961 in the third quarter 2024, to 1412.

BTCY Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Biotricity Inc Market Share?

What is Inventory Turnover Ratio?


BTCY Inventory Turnover Ratio (Mar 31 2024)
IV. Quarter
(Dec 31 2023)
III. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
III. Quarter
Y / Y Inventory Growth -2.72 % 10.54 % 54.82 % 177.25 % 436.88 %
Y / Y Cost of Sales Growth -86.97 % -26.9 % 20.35 % 55.49 % -4.35 %
Inventory Turnover Ratio (TTM) 1.49 1.91 2.09 2.22 2.49
BTCY's Total Ranking # 1412 # 961 # 1257 # 1507 #
Average inventory processing period 246 191 174 164 147
Seq. Inventory Growth -8.27 % -7.52 % -5.2 % 20.97 % 4.23 %
Seq. Cost of Sales Growth -82.88 % -19.5 % -17.2 % 14.24 % -3.99 %



Inventory Turnover Ratio Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 94
Healthcare Sector # 220
Overall Market # 1412

Inventory Turnover Ratio Statistics
High Average Low
14.78 7.02 1.49
(Sep 30 2021)   (Mar 31 2024)




Financial Statements
Biotricity Inc 's Inventories $ 2 Millions Visit BTCY's Balance sheet
Biotricity Inc 's Cost of Revenues TTM $ 3 Millions Visit BTCY's Income Statement
What are BTCY's Sales? Visit BTCY's Sales by Segment

Other Inventory Turnover Ratios
Biotricity 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
BTCY'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 BTCY's Competitors
Inventory Turnover Ratio for BTCY's Suppliers
Inventory Turnover Ratio for BTCY's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Mar 31 2024, within Healthcare Sector Inventory Turnover Ratio Cost of revenues at quarter ending Mar 31 2024 Inventories at quarter ending Mar 31 2024
Evolus Inc   4.50 $ 67.480  Millions$ 15  Millions
Precision Optics Corporation Inc   4.41 $ 13.091  Millions$ 3  Millions
Catalent Inc   4.34 $ 3,351.000  Millions$ 773  Millions
Bristol myers Squibb Company  4.23 $ 11,059.000  Millions$ 2,612  Millions
Harrow Inc   4.22 $ 41.349  Millions$ 10  Millions
Ufp Technologies Inc   4.22 $ 291.948  Millions$ 69  Millions
West Pharmaceutical Services Inc   4.22 $ 1,839.700  Millions$ 436  Millions
Escalon Medical Corp   4.10 $ 6.556  Millions$ 2  Millions
Envista Holdings Corporation  4.10 $ 1,128.500  Millions$ 276  Millions
Integrated Biopharma Inc  4.03 $ 44.397  Millions$ 11  Millions
Ge Healthcare Technologies Inc   4.03 $ 8,395.000  Millions$ 2,085  Millions
Align Technology inc   3.95 $ 1,171.507  Millions$ 296  Millions
Catalyst Pharmaceuticals Inc   3.94 $ 54.541  Millions$ 14  Millions
Cytosorbents Corporation  3.86 $ 12.006  Millions$ 3  Millions
Gilead Sciences Inc   3.83 $ 6,649.000  Millions$ 1,734  Millions
Medinotec Inc   3.82 $ 2.578  Millions$ 1  Millions
Idexx Laboratories Inc  3.80 $ 1,483.776  Millions$ 390  Millions
Thermogenesis Holdings Inc   3.67 $ 6.533  Millions$ 2  Millions
Avid Bioservices Inc   3.66 $ 132.000  Millions$ 36  Millions
Elutia Inc   3.64 $ 20.629  Millions$ 6  Millions
3m Company  3.63 $ 18,193.000  Millions$ 5,016  Millions
Tactile Systems Technology Inc   3.61 $ 78.622  Millions$ 22  Millions
Blueprint Medicines Corporation  3.54 $ 75.811  Millions$ 21  Millions
Electromedical Technologies inc   3.54 $ 0.318  Millions$ 0  Millions
Novocure Limited  3.52 $ 132.355  Millions$ 38  Millions
Invo Bioscience Inc   3.47 $ 0.923  Millions$ 0  Millions
Cadre Holdings inc   3.46 $ 295.870  Millions$ 86  Millions
Exelixis Inc   3.45 $ 79.488  Millions$ 23  Millions
Baxter International Inc   3.36 $ 9,741.000  Millions$ 2,896  Millions
Lftd Partners Inc   3.32 $ 31.686  Millions$ 10  Millions

Date modified: 2024-07-06T17:14:40+00:00



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