Insulet Corporation inventory turnover ratio, the Insulet Corporation's ability to sell and replace its inventory in the second quarter 2024, sequentially increased to
1.39 in the second quarter 2024, yet the ratio remained below the average, as PODD's market remain challenging.Average inventory processing period, for the Insulet in Jun 30 2024 quarter, has decreased to 263 days, compare to 272 days, in the Mar 31 2024 quarter.
Within
Healthcare sector 226 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the II Quarter 2024, to
998, from total ranking in the first quarter 2024 at
1162.
PODD Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Insulet Corporation Market Share?
What is Inventory Turnover Ratio?
| PODD Inventory Turnover Ratio |
(Jun 30 2024)
II. Quarter |
(Mar 31 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jun 30 2023)
II. Quarter |
| Y / Y Inventory Growth |
4.77 % |
11.53 % |
16.09 % |
25.4 % |
28.37 % |
| Y / Y Cost of Sales Growth |
19.76 % |
14.71 % |
-2.49 % |
-8.59 % |
20.62 % |
| Inventory Turnover Ratio (TTM) |
1.39 |
1.34 |
1.33 |
1.39 |
1.51 |
| PODD's Total
Ranking |
# 998 |
# 1162 |
# 751 |
# 751 |
# 1263 |
| Average inventory processing period |
263 |
272 |
274 |
262 |
242 |
| Seq. Inventory Growth |
0.07 % |
6.95 % |
-2 % |
-0.12 % |
6.53 % |
| Seq. Cost of Sales Growth |
16.83 % |
-9.22 % |
6.6 % |
5.93 % |
11.9 % |
