Wearable Health Solutions (MDHI) Inventory Turnover Ratio, from second quarter 2023 to second quarter 2022, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
CSIMarket Company Name, Ticker, Competitors, else..
 
Wearable Health Solutions, Inc.  (MDHI)
 

Wearable Health Solutions Inventory Turnover Ratio (COS)

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

Wearable Health Solutions, Inc. inventory turnover ratio, the Wearable Health Solutions, Inc.'s ability to sell and replace its inventory in the second quarter 2023, sequentially increased to 28.16 in the second quarter 2023, a new company high. Average inventory processing period, for the Wearable Health Solutions in Dec 31 2023 quarter, has decreased to 13 days, compare to 26 days, in the Sep 30 2023 quarter.

Within Healthcare sector 19 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form in the first quarter 2023, to 1756.

MDHI Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Wearable Health Solutions, Inc. Market Share?

What is Inventory Turnover Ratio?



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MDHI Inventory Turnover Ratio (Dec 31 2023)
II. Quarter		 (Sep 30 2023)
I. Quarter		 (Jun 30 2023)
IV. Quarter		 (Mar 31 2023)
III. Quarter		 (Dec 31 2022)
II. Quarter
Y / Y Inventory Growth -92.06 % -79.13 % 21.13 % - -
Y / Y Cost of Sales Growth -16.2 % -58.25 % 10.53 % 21.36 % -30.54 %
Inventory Turnover Ratio (TTM) 28.16 14.21 12.96 12.78 15.71
MDHI's Total Ranking # 1756 # # # #
Average inventory processing period 13 26 28 29 23
Seq. Inventory Growth -40.7 % 0 % -74.17 % -48.13 % 55.83 %
Seq. Cost of Sales Growth 66.27 % -59.2 % -9.17 % 36.02 % -17.17 %




Inventory Turnover Ratio Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 1
Healthcare Sector # 20
Overall Market # 1756

Inventory Turnover Ratio Statistics
High Average Low
28.16 9.42 2.59
(Dec 31 2023)   (Dec 31 2018)



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

Financial Statements
Wearable Health Solutions's Inventories $ 0 Millions Visit MDHI's Balance sheet
Wearable Health Solutions's Cost of Revenues TTM $ 0 Millions Visit MDHI's Income Statement
What are MDHI's Sales? Visit MDHI's Sales by Segment

Other Inventory Turnover Ratios
Wearable Health Solutions'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
MDHI'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 MDHI's Competitors
Inventory Turnover Ratio for MDHI's Suppliers
Inventory Turnover Ratio for MDHI's Customers

You may also want to know
MDHI's Sales Growth Rates MDHI's Pe Price to earnings ratio MDHI's Receivables Turnover Ratio MDHI's Stock Quote
MDHI's Net Income Growth Rates MDHI's Ps Price to Sales ratio MDHI's Sales per Employee MDHI's Asset Turnover Ratio
MDHI's Net Margin MDHI's Pb Price to Book ratio MDHI's Financial Strength Ratios MDHI'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
Chemed Corporation  125.10 $ 1,465.602  Millions$ 12  Millions
Orgenesis Inc   108.78 $ 6.255  Millions$ 0  Millions
Healthcare Services Group Inc   74.82 $ 1,456.643  Millions$ 19  Millions
Meihua International Medical Technologies Co Ltd  38.96 $ 63.000  Millions$ 2  Millions
Quest Diagnostics Inc  33.15 $ 6,199.000  Millions$ 187  Millions
Rennova Health Inc   31.02 $ 7.575  Millions$ 0  Millions
Wearable Health Solutions, Inc.  28.16 $ 0.391  Millions$ 0  Millions
Newgenivf Group Limited  27.36 $ 3.454  Millions$ 0  Millions
Harmony Biosciences Holdings inc   24.96 $ 121.000  Millions$ 5  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
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
Viemed Healthcare Inc   16.31 $ 70.225  Millions$ 4  Millions

Date modified: 2026-08-29T17:20:24+00:00




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