Iradimed's inventory turnover ratio, the ratio that measures Iradimed's ability to manage its supply chain, sequentially decreased to
1.34 in the third quarter 2024, which does not come as a surprise, as the Iradimed continue to experience headwinds, which also impact its supply chain. Iradimed's average inventory processing period in the Sep 30 2024 quarter, has increased to 272 days, from 261 days, in the Jun 30 2024 quarter.
Within
Healthcare sector 281 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2024, to
1096, from total ranking in the second quarter 2024 at
1169.
IRMD Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Iradimed Corporation Market Share?
What is Inventory Turnover Ratio?