Due to inventory build up in the forth quarter 2024, Puma Biotechnology Inc 's inventory turnover ratio sequentially decreased to
9.35 in the fourth quarter 2024, unsurprisingly, as the Puma Biotechnology Inc markets continue to deteriorate, and PBYI's faces growing challenges to bring down its inventories. Puma Biotechnology Inc 's average inventory processing period in the Dec 31 2024 quarter, has increased to 39 days, from 35 days, in the Sep 30 2024 quarter.
Within
Healthcare sector 31 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the IV Quarter 2024, to
254, from total ranking in the third quarter 2024 at
294.
PBYI Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Puma Biotechnology Inc Market Share?
What is Inventory Turnover Ratio?