Neptune Wellness Solutions Inc (NEPT) Inventory Turnover Ratio, from third quarter 2023 to third quarter 2022, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Neptune Wellness Solutions Inc   (NASDAQ: NEPT)
 

Neptune Wellness Solutions Inc Inventory Turnover Ratio (COS)

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

Neptune Wellness Solutions Inc inventory turnover ratio, the Neptune Wellness Solutions Inc 's ability to sell and replace its inventory in the third quarter 2023, sequentially increased to 5.05 in the third quarter 2023, yet the ratio remained below the average, as NEPT's market remain challenging.Average inventory processing period, for the Neptune Wellness Solutions Inc in Dec 31 2023 quarter, has decreased to 72 days, compare to 85 days, in the Sep 30 2023 quarter.

Within Healthcare sector 80 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the Third Quarter 2023 compared to previous quarter at no. 1122.

NEPT Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Neptune Wellness Solutions Inc Market Share?

What is Inventory Turnover Ratio?



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NEPT Inventory Turnover Ratio (Dec 31 2023)
III. Quarter		 (Sep 30 2023)
II. Quarter		 (Jun 30 2023)
I. Quarter		 (Mar 31 2023)
IV. Quarter		 (Dec 31 2022)
III. Quarter
Y / Y Inventory Growth -63.39 % -31.67 % 5.75 % -7.7 % 230.89 %
Y / Y Cost of Sales Growth -36.54 % -16.69 % -54.05 % -14.58 % -26.35 %
Inventory Turnover Ratio (TTM) 5.05 4.29 4.09 5.03 5.22
NEPT's Total Ranking # 1122 # 1122 # 1096 # 1154 # 757
Average inventory processing period 72 85 89 73 70
Seq. Inventory Growth -36.9 % -19.83 % 12.42 % -35.62 % 17.77 %
Seq. Cost of Sales Growth -30.55 % 0.56 % -53.05 % 93.54 % -8.82 %




Inventory Turnover Ratio Company Ranking
Within: No.
Major Pharmaceutical Preparations Industry # 23
Healthcare Sector # 81
Overall Market # 1122

Inventory Turnover Ratio Statistics
High Average Low
7.03 5.12 4.09
(Sep 30 2022)   (Jun 30 2023)



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

Financial Statements
Neptune Wellness Solutions Inc 's Inventories $ 4 Millions Visit NEPT's Balance sheet
Neptune Wellness Solutions Inc 's Cost of Revenues TTM $ 33 Millions Visit NEPT's Income Statement
What are NEPT's Sales? Visit NEPT's Sales by Segment

Other Inventory Turnover Ratios
Neptune Wellness Solutions Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Major Pharmaceutical Preparations Industry Inventory Turnover Trends and Statistics
Healthcare Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
NEPT's Inventory Turnover Ratio versus Major Pharmaceutical Preparations Industry, Healthcare Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for NEPT's Competitors
Inventory Turnover Ratio for NEPT's Suppliers
Inventory Turnover Ratio for NEPT's Customers

You may also want to know
NEPT's Sales Growth Rates NEPT's Pe Price to earnings ratio NEPT's Receivables Turnover Ratio NEPT's Stock Quote
NEPT's Net Income Growth Rates NEPT's Ps Price to Sales ratio NEPT's Sales per Employee NEPT's Asset Turnover Ratio
NEPT's Net Margin NEPT's Pb Price to Book ratio NEPT's Financial Strength Ratios NEPT'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
Teladoc Health Inc   20.93 $ 760.031  Millions$ 36  Millions
Vaso Corporation  20.59 $ 30.431  Millions$ 1  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
Hutchmed china Limited  16.38 $ 384.447  Millions$ 23  Millions
Viemed Healthcare Inc   16.31 $ 70.225  Millions$ 4  Millions
Concord Medical Services Holdings Ltd  15.00 $ 86.481  Millions$ 6  Millions
The Oncology Institute Inc   15.00 $ 181.017  Millions$ 12  Millions
Semler Scientific inc   14.92 $ 6.984  Millions$ 0  Millions
Aspira Women s Health inc   14.13 $ 3.892  Millions$ 0  Millions
Natera Inc   14.11 $ 586.360  Millions$ 42  Millions
Rockwell Medical inc   13.04 $ 74.223  Millions$ 6  Millions
Vanda Pharmaceuticals Inc   13.01 $ 14.796  Millions$ 1  Millions
Option Care Health Inc   12.80 $ 3,321.000  Millions$ 259  Millions
Eton Pharmaceuticals Inc   12.44 $ 10.000  Millions$ 1  Millions
Opko Health Inc   12.32 $ 874.030  Millions$ 71  Millions
Bioaffinity Technologies Inc   12.21 $ 0.152  Millions$ 0  Millions
Sunlink Health Systems Inc   11.41 $ 19.216  Millions$ 2  Millions
Agile Therapeutics Inc  11.03 $ 27.300  Millions$ 2  Millions
Irhythm Holdings Inc   10.94 $ 160.000  Millions$ 15  Millions
Lantheus Holdings Inc   10.93 $ 586.000  Millions$ 54  Millions
Sotera Health Company  10.78 $ 472.000  Millions$ 44  Millions
Genedx Holdings Corp   10.67 $ 112.000  Millions$ 10  Millions
Infusystem Holdings Inc  10.51 $ 62.676  Millions$ 6  Millions
Dermtech Inc   10.38 $ 13.305  Millions$ 1  Millions
Myriad Genetics Inc   10.34 $ 236.200  Millions$ 23  Millions
Puma Biotechnology Inc   10.33 $ 62.682  Millions$ 6  Millions
23andme Holding Co  10.20 $ 134.395  Millions$ 13  Millions

Date modified: 2026-08-31T07:36:24+00:00




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