Co Diagnostics Inc (CODX) Inventory Turnover Ratio, from second quarter 2026 to second quarter 2025, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Co diagnostics Inc   (NASDAQ: CODX)
 

Co Diagnostics Inc Inventory Turnover Ratio (COS)

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

Co Diagnostics Inc inventory turnover ratio, the Co Diagnostics Inc 's ability to sell and replace its inventory in the second quarter 2026, sequentially increased to 0.43 in the second quarter 2026, yet the ratio remained below the average, as CODX's market remain challenging.Average inventory processing period, for the Co Diagnostics Inc in Jun 30 2026 quarter, has decreased to 849 days, compare to 936 days, in the Mar 31 2026 quarter.

Within Healthcare sector 354 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 1539 in the first quarter 2026, to 1921.

CODX Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Co Diagnostics Inc Market Share?

What is Inventory Turnover Ratio?



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CODX Inventory Turnover Ratio (Jun 30 2026)
II. Quarter		 (Mar 31 2026)
I. Quarter		 (Dec 31 2025)
IV. Quarter		 (Sep 30 2025)
III. Quarter		 (Jun 30 2025)
II. Quarter
Y / Y Inventory Growth -22.4 % -21.89 % -7.49 % -13.91 % -25.91 %
Y / Y Cost of Sales Growth 41.1 % 797.49 % -44.17 % -91.16 % -84.87 %
Inventory Turnover Ratio (TTM) 0.43 0.39 0.21 0.31 0.54
CODX's Total Ranking # 1921 # 1539 # 1727 # 1650 # 1758
Average inventory processing period 844 928 1744 1179 678
Seq. Inventory Growth -0.53 % -14.74 % -8.95 % 0.49 % 0.12 %
Seq. Cost of Sales Growth -76.62 % 36.08 % 441.74 % -18.13 % 48.71 %




Inventory Turnover Ratio Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 157
Healthcare Sector # 355
Overall Market # 1921

Inventory Turnover Ratio Statistics
High Average Low
4.46 1.62 0.21
(Sep 30 2019)   (Dec 31 2025)



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

Financial Statements
Co Diagnostics Inc 's Inventories $ 1 Millions Visit CODX's Balance sheet
Co Diagnostics Inc 's Cost of Revenues TTM $ 0 Millions Visit CODX's Income Statement
What are CODX's Sales? Visit CODX's Sales by Segment

Other Inventory Turnover Ratios
Co Diagnostics 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
CODX'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 CODX's Competitors
Inventory Turnover Ratio for CODX's Suppliers
Inventory Turnover Ratio for CODX's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Jun 30 2026, within Healthcare Sector Inventory Turnover Ratio Cost of revenues at quarter ending Jun 30 2026 Inventories at quarter ending Jun 30 2026
Alphatec Holdings Inc   1.32 $ 237.415  Millions$ 179  Millions
Tenet Healthcare Corp  1.32 $ 453.000  Millions$ 344  Millions
Elanco Animal Health Incorporated  1.29 $ 2,241.000  Millions$ 1,733  Millions
Xtant Medical Holdings Inc   1.28 $ 43.701  Millions$ 34  Millions
Edwards Lifesciences Corporation  1.28 $ 1,443.400  Millions$ 1,129  Millions
Globus Medical Inc   1.27 $ 989.145  Millions$ 779  Millions
Karyopharm Therapeutics Inc   1.27 $ 4.942  Millions$ 4  Millions
Clene Inc   1.25 $ 0.059  Millions$ 0  Millions
Kyntra Bio Inc   1.24 $ 4.444  Millions$ 4  Millions
Pulmonx Corporation  1.24 $ 20.014  Millions$ 16  Millions
Biolife Solutions Inc   1.24 $ 39.035  Millions$ 32  Millions
Stereotaxis Inc   1.23 $ 13.184  Millions$ 11  Millions
60 Degrees Pharmaceuticals Inc   1.20 $ 0.895  Millions$ 1  Millions
Delcath Systems Inc   1.16 $ 12.355  Millions$ 11  Millions
Bridgebio Pharma Inc   1.16 $ 39.655  Millions$ 34  Millions
Neuropace Inc   1.14 $ 19.920  Millions$ 17  Millions
Amarin Corp Plcuk  1.13 $ 108.346  Millions$ 96  Millions
Treace Medical Concepts Inc   1.10 $ 42.186  Millions$ 38  Millions
Corcept Therapeutics Inc  1.10 $ 14.085  Millions$ 13  Millions
Bio Green Med Solution Inc   1.07 $ 1.244  Millions$ 1  Millions
Hyperfine Inc   1.06 $ 6.924  Millions$ 7  Millions
Pacira Biosciences inc   1.04 $ 155.154  Millions$ 149  Millions
Humacyte Inc   1.03 $ 12.611  Millions$ 12  Millions
Vertex Pharmaceuticals Inc  1.03 $ 1,762.800  Millions$ 1,711  Millions
Emergent Biosolutions Inc   1.02 $ 339.900  Millions$ 333  Millions
Renovorx Inc   1.01 $ 0.308  Millions$ 0  Millions
Alkermes Plc   1.01 $ 257.490  Millions$ 256  Millions
Rhythm Pharmaceuticals Inc   0.99 $ 26.389  Millions$ 27  Millions
Seer Inc   0.96 $ 7.596  Millions$ 8  Millions
Protalix Biotherapeutics inc   0.91 $ 24.832  Millions$ 27  Millions

Date modified: 2026-09-03T11:39:25+00:00




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