Medtronic Plc Inventory Turnover Ratio (COS)

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

Medtronic Plc inventory turnover ratio, the Medtronic Plc's ability to sell and replace its inventory in the first quarter 2026, sequentially increased to 2.21 in the first quarter 2026, yet the ratio remained below the average, as MDT's market remain challenging.Average inventory processing period, for the Medtronic Plc in Jul 31 2026 quarter, has decreased to 165 days, compare to 168 days, in the Apr 24 2026 quarter.

Within Healthcare sector 196 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the First Quarter 2026 compared to previous quarter at no. 926.

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

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MDT Inventory Turnover Ratio	(Jul 31 2026) I. Quarter	(Apr 24 2026) IV. Quarter	(Jan 23 2026) III. Quarter	(Oct 24 2025) II. Quarter	(Jul 25 2025) I. Quarter
Y / Y Inventory Growth	5.59 %	8.67 %	4.96 %	12.36 %	8.72 %
Y / Y Cost of Sales Growth	13.83 %	8.01 %	17.34 %	3.9 %	8.69 %
Inventory Turnover Ratio (TTM)	2.21	2.17	2.17	2.11	2.15
MDT's Total Ranking	# 926	# 926	# 1136	# 1330	#
Average inventory processing period	165	168	168	173	170
Seq. Inventory Growth	4.44 %	8.67 %	-11.05 %	4.59 %	7.49 %
Seq. Cost of Sales Growth	0.53 %	4.2 %	6.53 %	2 %	-4.61 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Medical Equipment & Supplies Industry	# 80
Healthcare Sector	# 197
Overall Market	# 926

Inventory Turnover Ratio Statistics
High	Average	Low
3.96	2.43	1.95
(Apr 29 2016)		(Jan 29 2016)

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

Financial Statements
Medtronic Plc's Inventories	$ 6,215 Millions	Visit MDT's Balance sheet
Medtronic Plc's Cost of Revenues TTM	$ 13,136 Millions	Visit MDT's Income Statement
What are MDT's Sales?		Visit MDT's Sales by Segment

Other Inventory Turnover Ratios
Medtronic Plc'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
MDT'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 MDT's Competitors
Inventory Turnover Ratio for MDT's Suppliers
Inventory Turnover Ratio for MDT's Customers

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

Companies with similar Inventory Turnover Ratio for the quarter ending Jul 31 2026, within Healthcare Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Jul 31 2026	Inventories at quarter ending Jul 31 2026
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
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
Henry Schein Inc	4.68	$ 9,342.000 Millions	$ 1,997 Millions
Guardant Health Inc	4.53	$ 413.947 Millions	$ 91 Millions
Idexx Laboratories Inc	4.44	$ 1,714.440 Millions	$ 386 Millions
Cryoport inc	4.40	$ 98.679 Millions	$ 22 Millions
Adc Therapeutics Sa	4.17	$ 5.806 Millions	$ 1 Millions
Scilex Holding Company	4.08	$ 14.867 Millions	$ 4 Millions
Medinotec Inc	4.08	$ 4.736 Millions	$ 1 Millions
Alpha Teknova Inc	4.08	$ 28.288 Millions	$ 7 Millions
3m Company	4.07	$ 15,258.000 Millions	$ 3,754 Millions
Electromed Inc	4.02	$ 14.133 Millions	$ 4 Millions
Novocure Limited	4.02	$ 166.921 Millions	$ 41 Millions
Elite Pharmaceuticals Inc	3.95	$ 78.824 Millions	$ 20 Millions
Lftd Partners Inc	3.89	$ 29.233 Millions	$ 8 Millions
Pmgc Holdings Inc	3.87	$ 1.364 Millions	$ 0 Millions
Sonoma Pharmaceuticals Inc	3.83	$ 13.392 Millions	$ 3 Millions
Intelligent Bio Solutions Inc	3.80	$ 2.165 Millions	$ 1 Millions
Iridex Corp	3.80	$ 32.517 Millions	$ 9 Millions
Teva Pharmaceutical Industries Limited	3.66	$ 8,232.000 Millions	$ 2,250 Millions
Neuraxis Inc	3.55	$ 0.783 Millions	$ 0 Millions

Date modified: 2026-09-04T10:28:53+00:00

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