Eargo Inc (EAR) Inventory Turnover Ratio, from third quarter 2023 to third quarter 2022, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
CSIMarket
 
Eargo Inc   (NASDAQ: EAR)
 

Eargo Inc Inventory Turnover Ratio (COS)

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

Eargo Inc 's inventory turnover ratio, the ratio that measures Eargo Inc 's ability to manage its supply chain, sequentially decreased to 4.58 in the third quarter 2023, which does not come as a surprise, as the Eargo Inc continue to experience headwinds, which also impact its supply chain. Eargo Inc 's average inventory processing period in the Sep 30 2023 quarter, has increased to 80 days, from 72 days, in the Jun 30 2023 quarter.

Within Healthcare sector 82 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2023, to 449, from total ranking in the second quarter 2023 at 569.

EAR Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Eargo Inc Market Share?

What is Inventory Turnover Ratio?




EAR Inventory Turnover Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Inventory Growth -11.45 % -21.43 % -16.42 % -11.83 % -21.06 %
Y / Y Cost of Sales Growth -50.06 % 26.77 % 21.85 % -11.62 % -20.46 %
Inventory Turnover Ratio (TTM) 4.58 5.04 4.47 4.07 4.1
EAR's Total Ranking # 449 # 569 # 808 # 1020 # 995
Average inventory processing period 80 72 82 90 89
Seq. Inventory Growth -18.17 % 10.81 % -3.95 % 1.68 % -27.4 %
Seq. Cost of Sales Growth -50 % -10.33 % -0.98 % 12.49 % 26.92 %




Inventory Turnover Ratio Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 26
Healthcare Sector # 83
Overall Market # 449

Inventory Turnover Ratio Statistics
High Average Low
8.47 5.63 4.07
(Jun 30 2021)   (Dec 31 2022)




Financial Statements
Eargo Inc 's Inventories $ 4 Millions Visit EAR's Balance sheet
Eargo Inc 's Cost of Revenues TTM $ 22 Millions Visit EAR's Income Statement
What are EAR's Sales? Visit EAR's Sales by Segment

Other Inventory Turnover Ratios
Eargo 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
EAR'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 EAR's Competitors
Inventory Turnover Ratio for EAR's Suppliers
Inventory Turnover Ratio for EAR's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2023, within Healthcare Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2023 Inventories at quarter ending Sep 30 2023
Natera Inc   13.98 $ 562.090  Millions$ 40  Millions
Genedx Holdings Corp   13.87 $ 162.579  Millions$ 12  Millions
Option Care Health Inc   13.11 $ 3,239.218  Millions$ 247  Millions
Aspira Women s Health inc   13.06 $ 3.889  Millions$ 0  Millions
Agape Atp Corporation  12.72 $ 0.682  Millions$ 0  Millions
Agile Therapeutics Inc  12.70 $ 26.956  Millions$ 2  Millions
Rockwell Medical inc   12.68 $ 71.973  Millions$ 6  Millions
Lantheus Holdings Inc   12.00 $ 557.756  Millions$ 46  Millions
23andme Holding Co  11.97 $ 146.584  Millions$ 12  Millions
Eton Pharmaceuticals Inc   11.50 $ 8.227  Millions$ 1  Millions
Sotera Health Company  11.01 $ 450.957  Millions$ 41  Millions
Sunlink Health Systems Inc   10.91 $ 18.973  Millions$ 2  Millions
Infusystem Holdings Inc  10.52 $ 58.532  Millions$ 6  Millions
Myriad Genetics Inc   10.21 $ 228.500  Millions$ 22  Millions
Puma Biotechnology Inc   10.16 $ 55.195  Millions$ 5  Millions
Semler Scientific inc   10.08 $ 4.780  Millions$ 0  Millions
Irhythm Holdings Inc   9.97 $ 148.665  Millions$ 15  Millions
Cryo cell International Inc   9.21 $ 8.506  Millions$ 1  Millions
Novavax inc   9.04 $ 370.557  Millions$ 41  Millions
Dermtech Inc   8.96 $ 13.171  Millions$ 1  Millions
Bionexus Gene Lab Corp   8.57 $ 8.892  Millions$ 1  Millions
Charles River Laboratories International inc   8.51 $ 2,334.261  Millions$ 274  Millions
Kaya Holdings Inc   8.29 $ 0.101  Millions$ 0  Millions
Bioaffinity Technologies Inc   8.28 $ 0.076  Millions$ 0  Millions
Castle Biosciences Inc   8.25 $ 42.079  Millions$ 5  Millions
Scilex Holding Company  8.20 $ 21.957  Millions$ 3  Millions
Ginkgo Bioworks Holdings Inc   8.14 $ 14.928  Millions$ 2  Millions
National Vision Holdings Inc   8.00 $ 976.100  Millions$ 122  Millions
Moderna Inc   7.88 $ 5,682.000  Millions$ 721  Millions
Kewaunee Scientific Corporation  7.68 $ 167.116  Millions$ 22  Millions

Date modified: 2026-08-29T17:42:35+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.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.