Guardion Health Sciences Inc (GHSI) Inventory Turnover Ratio, from second quarter 2024 to second quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Guardion Health Sciences Inc   (NASDAQ: GHSI)
 

Guardion Health Sciences Inc Inventory Turnover Ratio (COS)

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

Guardion Health Sciences Inc inventory turnover ratio, the Guardion Health Sciences Inc 's ability to sell and replace its inventory in the second quarter 2024, sequentially increased to 2.74 in the second quarter 2024, GHSI's markets remain strong, its supply chain continue to be in a grate shape.Average inventory processing period, for the Guardion Health Sciences Inc in Jun 30 2024 quarter, has decreased to 133 days, compare to 148 days, in the Mar 31 2024 quarter.

Within Healthcare sector 149 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the II Quarter 2024, to 1055, from total ranking in the first quarter 2024 at 1116.

GHSI Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Guardion Health Sciences Inc Market Share?

What is Inventory Turnover Ratio?



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GHSI Inventory Turnover Ratio (Jun 30 2024)
II. Quarter		 (Mar 31 2024)
I. Quarter		 (Dec 31 2023)
IV. Quarter		 (Sep 30 2023)
III. Quarter		 (Jun 30 2023)
II. Quarter
Y / Y Inventory Growth -96.9 % -30.28 % -14.18 % 25.49 % 47 %
Y / Y Cost of Sales Growth -96.34 % 0 % 0 % 0 % 0 %
Inventory Turnover Ratio (TTM) 2.74 2.46 2.24 2.15 2.25
GHSI's Total Ranking # 1055 # 1116 # 1068 # 1321 # 1321
Average inventory processing period 133 149 163 169 162
Seq. Inventory Growth -96.35 % -20.28 % 9.24 % -2.48 % -17.9 %
Seq. Cost of Sales Growth -96.34 % -66.67 % 200 % 0 % 0 %




Inventory Turnover Ratio Company Ranking
Within: No.
Major Pharmaceutical Preparations Industry # 44
Healthcare Sector # 150
Overall Market # 1055

Inventory Turnover Ratio Statistics
High Average Low
6.86 2.39 0.23
(Dec 31 2021)   (Jun 30 2017)



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

Financial Statements
Guardion Health Sciences Inc 's Inventories $ 0 Millions Visit GHSI's Balance sheet
Guardion Health Sciences Inc 's Cost of Revenues TTM $ 5 Millions Visit GHSI's Income Statement
What are GHSI's Sales? Visit GHSI's Sales by Segment

Other Inventory Turnover Ratios
Guardion Health Sciences Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Major Pharmaceutical Preparations Industry Inventory Turnover Trends and Statistics
Healthcare Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
GHSI's Inventory Turnover Ratio versus Major Pharmaceutical Preparations Industry, Healthcare Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for GHSI's Competitors
Inventory Turnover Ratio for GHSI's Suppliers
Inventory Turnover Ratio for GHSI's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Jun 30 2024, within Healthcare Sector Inventory Turnover Ratio Cost of revenues at quarter ending Jun 30 2024 Inventories at quarter ending Jun 30 2024
Chemed Corporation  130.16 $ 1,495.581  Millions$ 11  Millions
Healthcare Services Group Inc   80.30 $ 1,476.893  Millions$ 18  Millions
Rosecliff Acquisition Corp I  52.33 $ 12.364  Millions$ 0  Millions
Aurinia Pharmaceuticals Inc   42.97 $ 28.825  Millions$ 1  Millions
Quest Diagnostics Inc  34.09 $ 6,281.000  Millions$ 184  Millions
American Oncology Network Inc   30.63 $ 1,385.993  Millions$ 45  Millions
Harmony Biosciences Holdings inc   24.46 $ 134.212  Millions$ 5  Millions
Qhslab Inc   24.31 $ 0.653  Millions$ 0  Millions
Adapthealth Corp   23.76 $ 2,746.486  Millions$ 116  Millions
Teladoc Health Inc   22.99 $ 761.981  Millions$ 33  Millions
Vaso Corporation  22.01 $ 31.090  Millions$ 1  Millions
Bespoke Extracts Inc  20.48 $ 0.576  Millions$ 0  Millions
Earth Science Tech Inc   18.94 $ 3.676  Millions$ 0  Millions
Precipio inc   18.48 $ 10.186  Millions$ 1  Millions
Labcorp Holdings Inc   18.09 $ 8,375.800  Millions$ 463  Millions
Viemed Healthcare Inc   17.78 $ 80.332  Millions$ 5  Millions
Semler Scientific inc   16.69 $ 6.998  Millions$ 0  Millions
The Oncology Institute Inc   15.54 $ 189.344  Millions$ 12  Millions
Aspira Women s Health inc   15.21 $ 3.765  Millions$ 0  Millions
Natera Inc   15.00 $ 625.487  Millions$ 42  Millions
Rockwell Medical inc   13.76 $ 80.223  Millions$ 6  Millions
Option Care Health Inc   13.73 $ 3,599.914  Millions$ 262  Millions
Opko Health Inc   13.60 $ 863.894  Millions$ 64  Millions

Date modified: 2026-09-08T15:22:13+00:00




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