Sharps Compliance (SMED) Inventory Turnover Ratio, from third quarter 2022 to third quarter 2021, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Sharps Compliance Corp  (SMED)
    Sector  Services    Industry Environmental Services
   Industry Environmental Services
   Sector  Services
 

Sharps Compliance Inventory Turnover Ratio (COS)

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

Due to inventory build up in the third quarter 2022, Sharps Compliance's inventory turnover ratio sequentially decreased to 7.32 in the third quarter 2022, unsurprisingly, as the Sharps Compliance markets continue to deteriorate, and SMED's faces growing challenges to bring down its inventories. Sharps Compliance's average inventory processing period in the Mar 31 2022 quarter, has increased to 50 days, from 44 days, in the Dec 31 2021 quarter.

Within Services sector 137 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 563 in the second quarter 2022, to 636.

SMED Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Sharps Compliance Corp Market Share?

What is Inventory Turnover Ratio?




SMED Inventory Turnover Ratio (Mar 31 2022)
III. Quarter
(Dec 31 2021)
II. Quarter
(Sep 30 2021)
I. Quarter
(Jun 30 2021)
IV. Quarter
(Mar 31 2021)
III. Quarter
Y / Y Inventory Growth 59.41 % 28.8 % 32.8 % 8.44 % -10.84 %
Y / Y Cost of Sales Growth -10.81 % 18.24 % 17.72 % 48.87 % 72.49 %
Inventory Turnover Ratio (TTM) 7.32 8.34 8.53 8.94 8.35
SMED's Total Ranking # 636 # 563 # 563 # 522 # 556
Average inventory processing period 50 44 43 41 44
Seq. Inventory Growth 2.32 % -6.2 % 18.94 % 39.65 % -17.33 %
Seq. Cost of Sales Growth -6.31 % 19.91 % -10.15 % -11.65 % 24.22 %




Inventory Turnover Ratio Company Ranking
Within: No.
Environmental Services Industry # 8
Services Sector # 138
Overall Market # 636

Inventory Turnover Ratio Statistics
High Average Low
14.06 8.31 5.77
(Mar 31 2014)   (Dec 31 2016)




Financial Statements
Sharps Compliance's Inventories $ 7 Millions Visit SMED's Balance sheet
Sharps Compliance's Cost of Revenues TTM $ 50 Millions Visit SMED's Income Statement
What are SMED's Sales? Visit SMED's Sales by Segment

Other Inventory Turnover Ratios
Sharps Compliance's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Environmental Services Industry Inventory Turnover Trends and Statistics
Services Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
SMED's Inventory Turnover Ratio versus Environmental Services Industry, Services Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for SMED's Competitors
Inventory Turnover Ratio for SMED's Suppliers
Inventory Turnover Ratio for SMED's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Mar 31 2022, within Services Sector Inventory Turnover Ratio Cost of revenues at quarter ending Mar 31 2022 Inventories at quarter ending Mar 31 2022
Ncl Corporation ltd   18.62 $ 2,142.595  Millions$ 115  Millions
Norwegian Cruise Line Holdings ltd   18.62 $ 2,142.595  Millions$ 115  Millions
Bloomin Brands Inc   18.57 $ 1,297.189  Millions$ 70  Millions
John Wiley and Sons Inc   17.92 $ 700.658  Millions$ 39  Millions
American Well Corporation  17.81 $ 149.534  Millions$ 8  Millions
Wynn Resorts Limited  17.70 $ 1,205.350  Millions$ 68  Millions
Cleartronic Inc   17.59 $ 0.292  Millions$ 0  Millions
Cimpress Plc  17.52 $ 1,439.974  Millions$ 82  Millions
Tss Inc   16.83 $ 20.710  Millions$ 1  Millions
Life Time Group Holdings Inc   16.68 $ 703.565  Millions$ 42  Millions
Exceed World Inc   16.32 $ 12.133  Millions$ 1  Millions
Evo Payments Inc   16.31 $ 80.654  Millions$ 5  Millions
Ww International Inc   16.17 $ 464.747  Millions$ 29  Millions
The Cheesecake Factory Incorporated  16.16 $ 705.759  Millions$ 44  Millions
Agiliti Inc De  15.10 $ 650.968  Millions$ 43  Millions
Strategic Environmental and Energy Resources Inc   14.71 $ 2.017  Millions$ 0  Millions
Cincinnati Bell Inc   13.95 $ 820.400  Millions$ 59  Millions
Ark Restaurants Corp   13.95 $ 50.040  Millions$ 4  Millions
Ruths Hospitality Group Inc   13.47 $ 105.529  Millions$ 8  Millions
Darden Restaurants Inc   12.77 $ 2,795.300  Millions$ 219  Millions
Monarch Casino and Resort inc  12.76 $ 84.007  Millions$ 7  Millions
Carnival Corporation  12.56 $ 4,327.000  Millions$ 345  Millions
Clean Harbors inc  12.05 $ 2,892.690  Millions$ 240  Millions
Dutch Bros Inc   11.23 $ 303.287  Millions$ 27  Millions
Quad  11.07 $ 2,449.700  Millions$ 221  Millions
Kore Group Holdings Inc   10.82 $ 134.035  Millions$ 12  Millions
Verizon Communications Inc   10.73 $ 23,302.000  Millions$ 2,172  Millions
Canterbury Park Holding Corp  10.22 $ 2.728  Millions$ 0  Millions
Salem Media Group Inc   9.76 $ 9.658  Millions$ 1  Millions
Graham Holdings Co  9.73 $ 1,275.931  Millions$ 131  Millions

Date modified: 2026-08-29T17:13:45+00:00




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