Medinotec Inc Inventory Turnover Ratio (COS)

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

Due to inventory build up in the first quarter 2026, Medinotec Inc 's inventory turnover ratio sequentially decreased to 4.08 in the first quarter 2026, otherwise the ratio remained above the average, as MDNC's markets remain strong.Medinotec Inc 's average inventory processing period in the May 31 2026 quarter, has increased to 89 days, from 82 days, in the Feb 28 2026 quarter.

Within Healthcare sector 96 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the I Quarter 2026, to 871, from total ranking in the fourth quarter 2026 at 907.

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

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MDNC Inventory Turnover Ratio	(May 31 2026) I. Quarter	(Feb 28 2026) IV. Quarter	(Nov 30 2025) III. Quarter	(Aug 31 2025) II. Quarter	(May 31 2025) I. Quarter
Y / Y Inventory Growth	53.59 %	25.1 %	14.46 %	-21.84 %	-3.16 %
Y / Y Cost of Sales Growth	11.15 %	169.58 %	-21.87 %	27.15 %	-13.6 %
Inventory Turnover Ratio (TTM)	4.08	4.44	4.1	4.59	4.01
MDNC's Total Ranking	# 871	# 907	# 27	# 20	# 38
Average inventory processing period	89	82	89	80	91
Seq. Inventory Growth	15.29 %	25.1 %	-0.58 %	7.11 %	-6.1 %
Seq. Cost of Sales Growth	38.84 %	-18.75 %	-3.5 %	2.1 %	236.76 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Medical Equipment & Supplies Industry	# 38
Healthcare Sector	# 97
Overall Market	# 871

Inventory Turnover Ratio Statistics
High	Average	Low
5.3	3.83	-1.05
(Aug 31 2024)		(Aug 31 2023)

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

Financial Statements
Medinotec Inc 's Inventories	$ 1 Millions	Visit MDNC's Balance sheet
Medinotec Inc 's Cost of Revenues TTM	$ 5 Millions	Visit MDNC's Income Statement
What are MDNC's Sales?		Visit MDNC's Sales by Segment

Other Inventory Turnover Ratios
Medinotec 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
MDNC'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 MDNC's Competitors
Inventory Turnover Ratio for MDNC's Suppliers
Inventory Turnover Ratio for MDNC's Customers

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

Companies with similar Inventory Turnover Ratio for the quarter ending May 31 2026, within Healthcare Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending May 31 2026	Inventories at quarter ending May 31 2026
Polomar Health Services, Inc.	8.80	$ 1.233 Millions	$ 0 Millions
Myriad Genetics Inc	8.31	$ 250.700 Millions	$ 30 Millions
National Vision Holdings Inc	8.26	$ 841.416 Millions	$ 102 Millions
Autolus Therapeutics Plc	8.08	$ 99.009 Millions	$ 12 Millions
The Oncology Institute Inc	8.03	$ 160.655 Millions	$ 20 Millions
Nutriband Inc	7.92	$ 1.082 Millions	$ 0 Millions
Novavax inc	7.61	$ 88.541 Millions	$ 12 Millions
Inogen Inc	7.51	$ 196.617 Millions	$ 26 Millions
Moderna Inc	7.50	$ 1,707.000 Millions	$ 228 Millions
Cardiff Lexington Corporation	7.49	$ 4.042 Millions	$ 1 Millions
Pulse Biosciences Inc	7.45	$ 1.182 Millions	$ 0 Millions
Vanda Pharmaceuticals Inc	7.43	$ 13.506 Millions	$ 2 Millions
Carlsmed Inc	7.42	$ 13.955 Millions	$ 2 Millions
Adaptive Biotechnologies Corporation	7.26	$ 75.254 Millions	$ 10 Millions
Lifemd Inc	7.22	$ 22.284 Millions	$ 3 Millions
Brightspring Health Services Inc	6.35	$ 4,108.953 Millions	$ 647 Millions
Puma Biotechnology Inc	6.29	$ 58.199 Millions	$ 9 Millions
Adm Tronics Unlimited Inc	6.05	$ 1.970 Millions	$ 0 Millions
Sharps Technology Inc	5.68	$ 2.869 Millions	$ 1 Millions
Transmedics Group Inc	5.59	$ 276.120 Millions	$ 49 Millions
Cg Oncology Inc	5.47	$ 7.609 Millions	$ 1 Millions
Opko Health Inc	5.42	$ 348.206 Millions	$ 64 Millions
Charles River Laboratories International inc	5.39	$ 1,761.363 Millions	$ 327 Millions
Tactile Systems Technology Inc	5.12	$ 81.349 Millions	$ 16 Millions
Integer Holdings Corporation	5.03	$ 1,369.168 Millions	$ 272 Millions
Collegium Pharmaceutical Inc	4.99	$ 293.290 Millions	$ 59 Millions
Harrow Inc	4.93	$ 73.636 Millions	$ 15 Millions
Ufp Technologies Inc	4.93	$ 452.046 Millions	$ 92 Millions
Veracyte Inc	4.84	$ 102.741 Millions	$ 21 Millions
West Pharmaceutical Services Inc	4.72	$ 2,103.100 Millions	$ 445 Millions

Date modified: 2026-07-10T05:52:43+00:00

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