Cue Health Inc (HLTH) Inventory Turnover Ratio, from fourth quarter 2023 to fourth quarter 2022, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Cue Health Inc   (NASDAQ: HLTH)
 

Cue Health Inc Inventory Turnover Ratio (COS)

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

Cue Health Inc 's inventory turnover ratio, the ratio that measures Cue Health Inc 's ability to manage its supply chain, sequentially decreased to 2.23 in the fourth quarter 2023, which does not come as a surprise, as the Cue Health Inc continue to experience headwinds, which also impact its supply chain. Cue Health Inc 's average inventory processing period in the Dec 31 2023 quarter, has increased to 164 days, from 148 days, in the Sep 30 2023 quarter.

Within Healthcare sector 210 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 831 in the third quarter 2023, to 910.

HLTH Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Cue Health Inc Market Share?

What is Inventory Turnover Ratio?



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HLTH Inventory Turnover Ratio (Dec 31 2023)
IV. Quarter		 (Sep 30 2023)
III. Quarter		 (Jun 30 2023)
II. Quarter		 (Mar 31 2023)
I. Quarter		 (Dec 31 2022)
IV. Quarter
Y / Y Inventory Growth -82.92 % -52.33 % -50.83 % -38.14 % -6.99 %
Y / Y Cost of Sales Growth -60.63 % -56.16 % -71.2 % -54.07 % 67.1 %
Inventory Turnover Ratio (TTM) 2.23 2.46 2.3 2.59 2.71
HLTH's Total Ranking # 910 # 831 # 918 # 1163 # 1326
Average inventory processing period 164 148 159 141 135
Seq. Inventory Growth -77.91 % -7.05 % -16.62 % -0.25 % -38.33 %
Seq. Cost of Sales Growth 61.15 % -24.42 % -26.31 % -56.13 % 79.43 %




Inventory Turnover Ratio Company Ranking
Within: No.
Laboratory Analytical Instruments Industry # 17
Healthcare Sector # 211
Overall Market # 910

Inventory Turnover Ratio Statistics
High Average Low
3.08 2.54 2.23
(Jun 30 2022)   (Dec 31 2023)



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

Financial Statements
Cue Health Inc 's Inventories $ 14 Millions Visit HLTH's Balance sheet
Cue Health Inc 's Cost of Revenues TTM $ 127 Millions Visit HLTH's Income Statement
What are HLTH's Sales? Visit HLTH's Sales by Segment

Other Inventory Turnover Ratios
Cue Health Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Laboratory Analytical Instruments Industry Inventory Turnover Trends and Statistics
Healthcare Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
HLTH's Inventory Turnover Ratio versus Laboratory Analytical Instruments Industry, Healthcare Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for HLTH's Competitors
Inventory Turnover Ratio for HLTH's Suppliers
Inventory Turnover Ratio for HLTH's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2023, within Healthcare Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2023 Inventories at quarter ending Dec 31 2023
Nano X Imaging Ltd  23.94 $ 16.497  Millions$ 1  Millions
Intelgenx Technologies Corp   22.83 $ 1.741  Millions$ 0  Millions
Adapthealth Corp   22.63 $ 2,720.613  Millions$ 120  Millions
Earth Science Tech Inc   22.10 $ 1.843  Millions$ 0  Millions
Teladoc Health Inc   20.93 $ 760.031  Millions$ 36  Millions
Vaso Corporation  20.59 $ 30.431  Millions$ 1  Millions
Qhslab Inc   19.49 $ 0.615  Millions$ 0  Millions
Labcorp Holdings Inc   18.47 $ 8,796.700  Millions$ 476  Millions
Bespoke Extracts Inc  18.29 $ 0.442  Millions$ 0  Millions
Precipio inc   17.46 $ 9.179  Millions$ 1  Millions
Hutchmed china Limited  16.38 $ 384.447  Millions$ 23  Millions
Viemed Healthcare Inc   16.31 $ 70.225  Millions$ 4  Millions
Concord Medical Services Holdings Ltd  15.00 $ 86.481  Millions$ 6  Millions
The Oncology Institute Inc   15.00 $ 181.017  Millions$ 12  Millions
Semler Scientific inc   14.92 $ 6.984  Millions$ 0  Millions
Aspira Women s Health inc   14.13 $ 3.892  Millions$ 0  Millions
Natera Inc   14.11 $ 586.360  Millions$ 42  Millions
Rockwell Medical inc   13.04 $ 74.223  Millions$ 6  Millions
Vanda Pharmaceuticals Inc   13.01 $ 14.796  Millions$ 1  Millions
Option Care Health Inc   12.80 $ 3,321.000  Millions$ 259  Millions
Eton Pharmaceuticals Inc   12.44 $ 10.000  Millions$ 1  Millions
Opko Health Inc   12.32 $ 874.030  Millions$ 71  Millions
Bioaffinity Technologies Inc   12.21 $ 0.152  Millions$ 0  Millions
Sunlink Health Systems Inc   11.41 $ 19.216  Millions$ 2  Millions
Agile Therapeutics Inc  11.03 $ 27.300  Millions$ 2  Millions
Irhythm Holdings Inc   10.94 $ 160.000  Millions$ 15  Millions
Lantheus Holdings Inc   10.93 $ 586.000  Millions$ 54  Millions
Sotera Health Company  10.78 $ 472.000  Millions$ 44  Millions
Genedx Holdings Corp   10.67 $ 112.000  Millions$ 10  Millions
Infusystem Holdings Inc  10.51 $ 62.676  Millions$ 6  Millions

Date modified: 2026-09-08T15:11:12+00:00




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