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Sight Sciences Inc   (SGHT)
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Sight Sciences Inc Inventory Turnover Ratio (COS)

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

Due to inventory build up in the third quarter 2023, Sight Sciences Inc 's inventory turnover ratio sequentially decreased to 1.54 in the third quarter 2023, unsurprisingly, as the Sight Sciences Inc markets continue to deteriorate, and SGHT's faces growing challenges to bring down its inventories. Sight Sciences Inc 's average inventory processing period in the Sep 30 2023 quarter, has increased to 237 days, from 192 days, in the Jun 30 2023 quarter.

Within Healthcare sector 265 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 800 in the second quarter 2023, to 853.

SGHT Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Sight Sciences Inc Market Share?

What is Inventory Turnover Ratio?


SGHT Inventory Turnover Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Inventory Growth 67.39 % 60.06 % 74.87 % 75.94 % 87.25 %
Y / Y Cost of Sales Growth -31.69 % 9.65 % 0.49 % -16.1 % 42 %
Inventory Turnover Ratio (TTM) 1.54 1.9 2.09 2.39 2.9
SGHT's Total Ranking # 853 # 800 # 780 # 1407 # 1135
Average inventory processing period 237 193 175 152 126
Seq. Inventory Growth 16.86 % 10.77 % 16.75 % 10.76 % 11.74 %
Seq. Cost of Sales Growth -33.33 % -1.57 % -16.81 % 25.14 % 7.02 %



Inventory Turnover Ratio Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 109
Healthcare Sector # 266
Overall Market # 853

Inventory Turnover Ratio Statistics
High Average Low
3.6 2.55 1.54
(Mar 31 2022)   (Sep 30 2023)




Financial Statements
Sight Sciences Inc 's Inventories $ 9 Millions Visit SGHT's Balance sheet
Sight Sciences Inc 's Cost of Revenues TTM $ 12 Millions Visit SGHT's Income Statement
What are SGHT's Sales? Visit SGHT's Sales by Segment

Other Inventory Turnover Ratios
Sight Sciences Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Medical Equipment & Supplies Industry Inventory Turnover Trends and Statistics
Healthcare Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
SGHT's Inventory Turnover Ratio versus Medical Equipment & Supplies Industry, Healthcare Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for SGHT's Competitors
Inventory Turnover Ratio for SGHT's Suppliers
Inventory Turnover Ratio for SGHT's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2023, within Healthcare Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2023 Inventories at quarter ending Sep 30 2023
Baxter International Inc   3.48 $ 9,913.000  Millions$ 2,853  Millions
Orasure Technologies Inc  3.47 $ 265.637  Millions$ 76  Millions
Maravai Lifesciences Holdings Inc   3.43 $ 166.888  Millions$ 49  Millions
Mimedx Group Inc   3.41 $ 54.371  Millions$ 16  Millions
Lftd Partners Inc   3.40 $ 28.850  Millions$ 8  Millions
Caredx Inc   3.37 $ 62.494  Millions$ 19  Millions
Sunshine Biopharma Inc   3.33 $ 13.131  Millions$ 4  Millions
Neogen Corporation  3.30 $ 457.921  Millions$ 139  Millions
Dynatronics Corporation  3.20 $ 29.500  Millions$ 9  Millions
Becton Dickinson And Company  3.17 $ 11,202.000  Millions$ 3,530  Millions
Myomo Inc   3.15 $ 4.553  Millions$ 1  Millions
Revvity Inc  3.14 $ 1,473.123  Millions$ 469  Millions
Agilent Technologies inc   3.12 $ 3,368.000  Millions$ 1,079  Millions
Prestige Consumer Healthcare Inc   3.11 $ 507.227  Millions$ 163  Millions
Dexcom Inc   3.09 $ 1,228.700  Millions$ 398  Millions
Electromed Inc   3.08 $ 12.047  Millions$ 4  Millions
Somalogic Inc   3.01 $ 43.557  Millions$ 14  Millions
Sonoma Pharmaceuticals Inc   3.01 $ 8.227  Millions$ 3  Millions
Ardelyx inc   2.94 $ 13.123  Millions$ 4  Millions
Quidelortho Corp  2.90 $ 1,557.599  Millions$ 537  Millions
Aytu Biopharma Inc  2.90 $ 37.377  Millions$ 13  Millions
Mettler Toledo International Inc  2.90 $ 1,188.193  Millions$ 410  Millions
Avid Bioservices Inc   2.89 $ 121.815  Millions$ 42  Millions
Illumina Inc   2.89 $ 1,722.000  Millions$ 597  Millions
Elutia Inc   2.86 $ 26.390  Millions$ 9  Millions
Dentsply Sirona Inc   2.86 $ 1,855.000  Millions$ 649  Millions
Neptune Wellness Solutions Inc   2.84 $ 39.534  Millions$ 14  Millions
Abbott Laboratories  2.83 $ 18,012.000  Millions$ 6,363  Millions
Amneal Pharmaceuticals Inc   2.81 $ 1,533.561  Millions$ 547  Millions
Akebia Therapeutics Inc   2.80 $ 57.100  Millions$ 20  Millions

Date modified: 2023-11-08T18:28:58+00:00



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