Icagen Inventory Turnover Ratio (COS)

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

Due to inventory build up in the third quarter 2019, Icagen's inventory turnover ratio sequentially decreased to 82.87 in the third quarter 2019, unsurprisingly, as the Icagen markets continue to deteriorate, and ICGND's faces growing challenges to bring down its inventories. Average processing period, for Icagen's inventories remained unchanged at 4 days, in the Sep 30 2019 quarter.

Within Healthcare sector 6 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 45 in the second quarter 2019, to 72.

ICGND Inventory Turnover Ratio using Sales Formula
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What is Inventory Turnover Ratio?

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ICGND Inventory Turnover Ratio	(Sep 30 2019) III. Quarter	(Jun 30 2019) II. Quarter	(Mar 31 2019) I. Quarter	(Dec 31 2018) IV. Quarter	(Sep 30 2018) III. Quarter
Y / Y Inventory Growth	265.97 %	92.14 %	32.09 %	-15.01 %	-50.85 %
Y / Y Cost of Sales Growth	125.71 %	1.9 %	-22.89 %	25.32 %	-49.93 %
Inventory Turnover Ratio (TTM)	82.87	91.36	110.5	131.73	119.25
ICGND's Total Ranking	# 72	# 45	# 71	# 39	# 71
Average inventory processing period	4	4	3	3	3
Seq. Inventory Growth	13.59 %	3.05 %	135.09 %	32.99 %	-40.36 %
Seq. Cost of Sales Growth	6.25 %	43.24 %	-32.17 %	118.63 %	-52.03 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Medical Laboratories Industry	# 1
Healthcare Sector	# 7
Overall Market	# 72

Inventory Turnover Ratio Statistics
High	Average	Low
131.73	109.01	82.87
(Dec 31 2018)		(Sep 30 2019)

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

Financial Statements
Icagen's Inventories	$ 0 Millions	Visit ICGND's Balance sheet
Icagen's Cost of Revenues TTM	$ 11 Millions	Visit ICGND's Income Statement
What are ICGND's Sales?		Visit ICGND's Sales by Segment

Other Inventory Turnover Ratios
Icagen's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Medical Laboratories Industry Inventory Turnover Trends and Statistics
Healthcare Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
ICGND's Inventory Turnover Ratio versus Medical Laboratories Industry, Healthcare Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for ICGND's Competitors
Inventory Turnover Ratio for ICGND's Suppliers
Inventory Turnover Ratio for ICGND's Customers

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

Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2019, within Healthcare Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Sep 30 2019	Inventories at quarter ending Sep 30 2019
Vbi Vaccines Inc	132.77	$ 6.738 Millions	$ 0 Millions
Magellan Health inc	94.11	$ 4,280.772 Millions	$ 45 Millions
Icagen, Inc.	82.87	$ 11.090 Millions	$ 0 Millions
Cryoport inc	54.86	$ 15.155 Millions	$ 0 Millions
Quest Diagnostics Inc	48.39	$ 5,008.000 Millions	$ 104 Millions
Aspira Women s Health inc	42.77	$ 3.304 Millions	$ 0 Millions
Catalyst Pharmaceuticals Inc	40.54	$ 10.361 Millions	$ 0 Millions
Healthcare Services Group Inc	37.01	$ 1,492.306 Millions	$ 40 Millions
Labcorp Holdings Inc	35.37	$ 8,184.700 Millions	$ 231 Millions
Siga Technologies Inc	31.60	$ 95.904 Millions	$ 3 Millions
Surgery Partners Inc	31.43	$ 1,379.340 Millions	$ 44 Millions
Jazz Pharmaceuticals Plc	29.81	$ 1,890.922 Millions	$ 63 Millions
Collegium Pharmaceutical Inc	28.36	$ 307.806 Millions	$ 11 Millions
Inotiv Inc	27.36	$ 30.695 Millions	$ 1 Millions
Hca Healthcare Inc	26.28	$ 46,677.000 Millions	$ 1,776 Millions
U s Stem Cell Inc	26.13	$ 1.661 Millions	$ 0 Millions
Rennova Health Inc	24.69	$ 15.772 Millions	$ 1 Millions
Vanda Pharmaceuticals Inc	22.89	$ 23.930 Millions	$ 1 Millions
Heartbeam Inc	22.63	$ 162.373 Millions	$ 7 Millions
Option Care Health Inc	22.17	$ 1,373.727 Millions	$ 62 Millions
Irhythm Holdings Inc	18.03	$ 48.869 Millions	$ 3 Millions
Clearday Inc	17.99	$ 2.789 Millions	$ 0 Millions
Health right Discoveries Inc	17.88	$ 0.592 Millions	$ 0 Millions
Biocept Inc	17.16	$ 10.541 Millions	$ 1 Millions
Vaso Corporation	16.23	$ 32.278 Millions	$ 2 Millions
Precipio inc	15.89	$ 2.849 Millions	$ 0 Millions
Incyte Corporation	15.49	$ 108.400 Millions	$ 7 Millions
Rockwell Medical inc	15.33	$ 59.755 Millions	$ 4 Millions
Opko Health Inc	14.27	$ 661.228 Millions	$ 46 Millions
Star Equity Holdings Inc	13.85	$ 86.051 Millions	$ 6 Millions

Date modified: 2026-09-08T15:09:45+00:00

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