Scientific Industries Inc Inventory Turnover Ratio (COS)

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

Scientific Industries Inc inventory turnover ratio, the Scientific Industries Inc 's ability to sell and replace its inventory in the second quarter 2026, sequentially increased to 2.33 in the second quarter 2026, yet the ratio remained below the average, as SCND's market remain challenging.Average inventory processing period, for the Scientific Industries Inc in Jun 30 2026 quarter, has decreased to 157 days, compare to 190 days, in the Mar 31 2026 quarter.

Within Healthcare sector 166 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 1520 in the first quarter 2026, to 1648.

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

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SCND Inventory Turnover Ratio	(Jun 30 2026) II. Quarter	(Mar 31 2026) I. Quarter	(Dec 31 2025) IV. Quarter	(Sep 30 2025) III. Quarter	(Jun 30 2025) II. Quarter
Y / Y Inventory Growth	-55.84 %	-64.01 %	-65.7 %	-	-
Y / Y Cost of Sales Growth	-35.29 %	-45.52 %	-5.01 %	-45.56 %	-3.31 %
Inventory Turnover Ratio (TTM)	2.33	1.92	1.69	1.41	1.83
SCND's Total Ranking	# 1648	# 1520	# 0	# 1477	# 0
Average inventory processing period	156	190	216	259	199
Seq. Inventory Growth	23.81 %	11.84 %	-31.44 %	-53.47 %	0.9 %
Seq. Cost of Sales Growth	11.95 %	-55.1 %	120.36 %	-41.57 %	-5.75 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Laboratory Analytical Instruments Industry	# 8
Healthcare Sector	# 167
Overall Market	# 1648

Inventory Turnover Ratio Statistics
High	Average	Low
36.23	8.01	1.14
(Jun 30 2019)		(Sep 30 2023)

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

Financial Statements
Scientific Industries Inc 's Inventories	$ 2 Millions	Visit SCND's Balance sheet
Scientific Industries Inc 's Cost of Revenues TTM	$ 4 Millions	Visit SCND's Income Statement
What are SCND's Sales?		Visit SCND's Sales by Segment

Other Inventory Turnover Ratios
Scientific Industries Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Laboratory Analytical Instruments Industry Inventory Turnover Trends and Statistics
Healthcare Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
SCND's Inventory Turnover Ratio versus Laboratory Analytical Instruments Industry, Healthcare Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for SCND's Competitors
Inventory Turnover Ratio for SCND's Suppliers
Inventory Turnover Ratio for SCND's Customers

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

Companies with similar Inventory Turnover Ratio for the quarter ending Jun 30 2026, within Healthcare Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Jun 30 2026	Inventories at quarter ending Jun 30 2026
Sharps Technology Inc	5.68	$ 2.869 Millions	$ 1 Millions
Transmedics Group Inc	5.59	$ 276.120 Millions	$ 49 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
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
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
Beyond Air Inc	3.51	$ 6.447 Millions	$ 2 Millions
Nexgel Inc	3.49	$ 7.577 Millions	$ 2 Millions
Lifeward ltd	3.47	$ 13.976 Millions	$ 4 Millions

Date modified: 2026-08-15T07:34:29+00:00

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