Genmark Diagnostics Inc Inventory Turnover Ratio (COS)

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

Due to inventory build up in the fourth quarter 2020, Genmark Diagnostics Inc 's inventory turnover ratio sequentially decreased to 6.3 in the fourth quarter 2020, otherwise the ratio remained above the average, as GNMK's markets remain strong.Genmark Diagnostics Inc 's average inventory processing period in the Dec 31 2020 quarter, has increased to 58 days, from 56 days, in the Sep 30 2020 quarter.

Within Healthcare sector 59 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the fourth quarter 2020 compared to previous quarter at no. 692.

GNMK Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Genmark Diagnostics 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.

GNMK Inventory Turnover Ratio	(Dec 31 2020) IV. Quarter	(Sep 30 2020) III. Quarter	(Jun 30 2020) II. Quarter	(Mar 31 2020) I. Quarter	(Dec 31 2019) IV. Quarter
Y / Y Inventory Growth	88.68 %	55.69 %	50.6 %	5.71 %	10.32 %
Y / Y Cost of Sales Growth	69.71 %	88.22 %	105.36 %	44.16 %	28.17 %
Inventory Turnover Ratio (TTM)	6.3	6.53	6.47	6.07	5.5
GNMK's Total Ranking	# 692	# 692	# 691	# 691	# 692
Average inventory processing period	58	56	56	60	66
Seq. Inventory Growth	8.96 %	31.1 %	50.37 %	-12.16 %	-10.1 %
Seq. Cost of Sales Growth	17.54 %	7.71 %	7.28 %	24.95 %	30.36 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Medical Equipment & Supplies Industry	# 13
Healthcare Sector	# 60
Overall Market	# 692

Inventory Turnover Ratio Statistics
High	Average	Low
8.34	5.47	2.78
(Jun 30 2014)		(Jun 30 2012)

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

Financial Statements
Genmark Diagnostics Inc 's Inventories	$ 21 Millions	Visit GNMK's Balance sheet
Genmark Diagnostics Inc 's Cost of Revenues TTM	$ 104 Millions	Visit GNMK's Income Statement
What are GNMK's Sales?		Visit GNMK's Sales by Segment

Other Inventory Turnover Ratios
Genmark 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
GNMK'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 GNMK's Competitors
Inventory Turnover Ratio for GNMK's Suppliers
Inventory Turnover Ratio for GNMK's Customers

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

Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2020, within Healthcare Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Dec 31 2020	Inventories at quarter ending Dec 31 2020
Fortress Biotech Inc	13.17	$ 14.594 Millions	$ 1 Millions
Collegium Pharmaceutical Inc	12.92	$ 218.086 Millions	$ 17 Millions
Puma Biotechnology Inc	12.32	$ 39.374 Millions	$ 3 Millions
Biocept Inc	11.96	$ 21.337 Millions	$ 2 Millions
Advanced Container Technologies Inc	10.81	$ 1.206 Millions	$ 0 Millions
Hutchmed china Limited	10.41	$ 178.828 Millions	$ 17 Millions
Biotricity Inc	10.35	$ 1.519 Millions	$ 0 Millions
Kindred Biosciences Inc	10.25	$ 4.626 Millions	$ 0 Millions
Natera Inc	10.24	$ 185.865 Millions	$ 18 Millions
Infusystem Holdings Inc	9.99	$ 38.629 Millions	$ 4 Millions
U s Stem Cell Inc	9.86	$ 0.064 Millions	$ 0 Millions
Vbi Vaccines Inc	9.81	$ 9.168 Millions	$ 1 Millions
Concord Medical Services Holdings Ltd	9.71	$ 32.173 Millions	$ 3 Millions
Grapefruit Usa Inc	9.57	$ 3.392 Millions	$ 0 Millions
Cryo cell International Inc	9.01	$ 9.658 Millions	$ 1 Millions
Scienture Holdings Inc	8.97	$ 11.415 Millions	$ 1 Millions
Charles River Laboratories International inc	8.78	$ 1,533.230 Millions	$ 175 Millions
Opko Health Inc	8.77	$ 823.899 Millions	$ 94 Millions
Biora Therapeutics Inc	8.54	$ 93.433 Millions	$ 11 Millions
Integer Holdings Corporation	8.50	$ 1,379.720 Millions	$ 162 Millions
Incyte Corporation	8.24	$ 131.328 Millions	$ 16 Millions
Lifemd Inc	7.94	$ 8.907 Millions	$ 1 Millions
National Vision Holdings Inc	7.87	$ 927.404 Millions	$ 118 Millions
Star Equity Holdings Inc	7.77	$ 64.176 Millions	$ 8 Millions
Polarityte Inc	7.68	$ 4.424 Millions	$ 1 Millions
Kewaunee Scientific Corporation	7.57	$ 120.202 Millions	$ 16 Millions
Perspective Therapeutics Inc	7.51	$ 4.712 Millions	$ 1 Millions
Horizon Therapeutics Public Limited Company	7.43	$ 532.695 Millions	$ 72 Millions
Smiledirectclub Inc	7.38	$ 206.852 Millions	$ 28 Millions
Enzo Biochem Inc	6.80	$ 56.558 Millions	$ 8 Millions

Date modified: 2026-06-22T14:32:21+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.