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Magellan Health inc   (MGLN)
Other Ticker:  
 
    Sector  Healthcare    Industry Healthcare Facilities
   Industry Healthcare Facilities
   Sector  Healthcare
 

Magellan Health Inc Inventory Turnover Ratio (COS)

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

Magellan Health Inc inventory turnover ratio, the Magellan Health Inc 's ability to sell and replace its inventory in the third quarter 2021, sequentially increased to 75.38 in the third quarter 2021, yet the ratio remained below the average, as MGLN's market remain challenging.Average processing period, for Magellan Health Inc 's inventories remained unchanged at 5 days, in the Sep 30 2021 quarter.

Within Healthcare sector only one company achieved higher inventory turnover ratio in the third quarter 2021. While inventory turnover ranking remained unchanged in the Third Quarter 2021 compared to previous quarter at no. 58.

MGLN Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Magellan Health Inc Market Share?

What is Inventory Turnover Ratio?


MGLN Inventory Turnover Ratio (Sep 30 2021)
III. Quarter
(Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
(Dec 31 2020)
IV. Quarter
(Sep 30 2020)
III. Quarter
Y / Y Inventory Growth 5.83 % 5.71 % 9.58 % -3.62 % -22.19 %
Y / Y Cost of Sales Growth 6.37 % 11.93 % -39.38 % -74.73 % -38.16 %
Inventory Turnover Ratio (TTM) 75.38 74.96 73.45 89.47 115.37
MGLN's Total Ranking # 58 # 58 # 59 # 59 # 59
Average inventory processing period 5 5 5 4 3
Seq. Inventory Growth 2.69 % -16.38 % 7.05 % 15.14 % 2.57 %
Seq. Cost of Sales Growth 3.41 % 9.14 % 138.01 % -60.4 % 8.8 %



Inventory Turnover Ratio Company Ranking
Within: No.
Healthcare Facilities Industry # 1
Healthcare Sector # 2
Overall Market # 58

Inventory Turnover Ratio Statistics
High Average Low
139.73 90.28 55.26
(Dec 31 2018)   (Dec. 30, 2013)




Financial Statements
Magellan Health Inc 's Inventories $ 40 Millions Visit MGLN's Balance sheet
Magellan Health Inc 's Cost of Revenues TTM $ 3,173 Millions Visit MGLN's Income Statement
What are MGLN's Sales? Visit MGLN's Sales by Segment

Other Inventory Turnover Ratios
Magellan Health Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Healthcare Facilities Industry Inventory Turnover Trends and Statistics
Healthcare Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
MGLN's Inventory Turnover Ratio versus Healthcare Facilities Industry, Healthcare Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for MGLN's Competitors
Inventory Turnover Ratio for MGLN's Suppliers
Inventory Turnover Ratio for MGLN's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2021, within Healthcare Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2021 Inventories at quarter ending Sep 30 2021
Trinity Biotech Plc  213.01 $ 53.697  Millions$ 0  Millions
Magellan Health inc   75.38 $ 3,172.638  Millions$ 42  Millions
Inotiv Inc   71.47 $ 59.449  Millions$ 1  Millions
1life Healthcare Inc   51.17 $ 287.635  Millions$ 6  Millions
Healthcare Services Group Inc   48.15 $ 1,390.053  Millions$ 29  Millions
Musclepharm Corporation  32.11 $ 44.429  Millions$ 1  Millions
Vanda Pharmaceuticals Inc   32.07 $ 36.859  Millions$ 1  Millions
Quest Diagnostics Inc  31.03 $ 6,594.000  Millions$ 213  Millions
Dermtech Inc   28.37 $ 9.249  Millions$ 0  Millions
Laboratory Corporation Of America Holdings  24.72 $ 10,400.400  Millions$ 421  Millions
Kadmon holdings inc   24.13 $ 0.953  Millions$ 0  Millions
Vaso Corporation  23.81 $ 31.236  Millions$ 1  Millions
Janone Inc   23.22 $ 29.699  Millions$ 1  Millions
Adapthealth Corp   21.68 $ 1,711.129  Millions$ 79  Millions
Rennova Health Inc   18.35 $ 7.706  Millions$ 0  Millions
Viemed Healthcare Inc   17.87 $ 43.376  Millions$ 2  Millions

Date modified: -0001-11-30T00:00:00+00:00



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