Medinotec Inc (MDNC) Inventory Turnover Ratio, from second quarter 2026 to second quarter 2026, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Medinotec Inc   (MDNC)
 

Medinotec Inc Inventory Turnover Ratio (COS)

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

Medinotec Inc inventory turnover ratio, the Medinotec Inc 's ability to sell and replace its inventory in the second quarter 2026, sequentially increased to 4.09 in the second quarter 2026, MDNC's markets remain strong, its supply chain continue to be in a grate shape.Average inventory processing period, for the Medinotec Inc in Aug 31 2026 quarter, has decreased to 89 days, compare to 94 days, in the May 31 2026 quarter.

Within Healthcare sector 87 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the II Quarter 2026, to 858, from total ranking in the first quarter 2026 at 871.

MDNC Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Medinotec Inc Market Share?

What is Inventory Turnover Ratio?



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MDNC Inventory Turnover Ratio (Aug 31 2026)
II. Quarter		 (May 31 2026)
I. Quarter		 (Feb 28 2026)
IV. Quarter		 (Nov 30 2025)
III. Quarter		 (Aug 31 2025)
II. Quarter
Y / Y Inventory Growth 16.06 % 53.59 % 25.1 % 5.33 % -21.84 %
Y / Y Cost of Sales Growth 32.94 % 11.15 % -18.08 % -21.87 % 27.15 %
Inventory Turnover Ratio (TTM) 4.09 3.89 4.21 4.67 5.07
MDNC's Total Ranking # 858 # 871 # 907 # 27 # 20
Average inventory processing period 89 94 87 78 72
Seq. Inventory Growth -19.06 % 15.29 % 1.94 % 22.01 % 7.11 %
Seq. Cost of Sales Growth 22.13 % 38.84 % -18.75 % -3.5 % 2.1 %




Inventory Turnover Ratio Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 34
Healthcare Sector # 88
Overall Market # 858

Inventory Turnover Ratio Statistics
High Average Low
5.74 3.87 -1.05
(Aug 31 2025)   (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 Aug 31 2026, within Healthcare Sector Inventory Turnover Ratio Cost of revenues at quarter ending Aug 31 2026 Inventories at quarter ending Aug 31 2026
Brightspring Health Services Inc   11.57 $ 7,583.638  Millions$ 655  Millions
Tarsus Pharmaceuticals Inc   10.68 $ 49.325  Millions$ 5  Millions
Sotera Health Company  10.25 $ 558.509  Millions$ 54  Millions
Lantheus Holdings Inc   9.76 $ 604.826  Millions$ 62  Millions
Vanda Pharmaceuticals Inc   8.70 $ 14.704  Millions$ 2  Millions
Phathom Pharmaceuticals Inc   7.76 $ 53.106  Millions$ 7  Millions
Novavax inc   7.03 $ 90.533  Millions$ 13  Millions
Carlisle Companies Incorporated  6.99 $ 3,406.400  Millions$ 488  Millions
Caredx Inc   6.42 $ 111.106  Millions$ 17  Millions
Edap Tms Sa  6.14 $ 60.833  Millions$ 10  Millions
Transmedics Group Inc   5.70 $ 301.220  Millions$ 53  Millions
Bristol myers Squibb Company  5.65 $ 15,389.000  Millions$ 2,722  Millions
Avantor Inc   5.48 $ 4,539.200  Millions$ 828  Millions
Tactile Systems Technology Inc   5.25 $ 82.718  Millions$ 16  Millions
Integer Holdings Corporation  4.98 $ 1,376.268  Millions$ 276  Millions
Ge Healthcare Technologies Inc   4.69 $ 11,372.000  Millions$ 2,425  Millions
West Pharmaceutical Services Inc   4.69 $ 2,120.200  Millions$ 452  Millions
Henry Schein Inc   4.63 $ 9,395.000  Millions$ 2,031  Millions
Cryoport inc   4.60 $ 102.157  Millions$ 22  Millions
Idexx Laboratories Inc  4.52 $ 1,743.379  Millions$ 386  Millions
Medinotec Inc   4.28 $ 5.143  Millions$ 1  Millions
3m Company  4.02 $ 15,267.000  Millions$ 3,801  Millions
Novocure Limited  3.98 $ 166.721  Millions$ 42  Millions
Incyte Corporation  3.79 $ 439.399  Millions$ 116  Millions
Baxter International Inc   3.57 $ 8,117.000  Millions$ 2,277  Millions
Bausch Health Companies Inc   3.54 $ 4,518.000  Millions$ 1,276  Millions
Exelixis Inc   3.49 $ 93.324  Millions$ 27  Millions
Abbvie Inc   3.40 $ 17,346.000  Millions$ 5,108  Millions
Gilead Sciences Inc   3.30 $ 6,219.000  Millions$ 1,884  Millions
Iovance Biotherapeutics inc   3.21 $ 177.232  Millions$ 55  Millions

Date modified: 2026-10-09T04:24:49+00:00




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