Varian Medical Systems Inc (VAR) Inventory Turnover Ratio, from first quarter 2021 to first quarter 2020, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Varian Medical Systems Inc   (NYSE: VAR)
 

Varian Medical Systems Inc Inventory Turnover Ratio (COS)

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

Due to inventory build up in the first quarter 2021, Varian Medical Systems Inc 's inventory turnover ratio sequentially decreased to 3.05 in the first quarter 2021, unsurprisingly, as the Varian Medical Systems Inc markets continue to deteriorate, and VAR's faces growing challenges to bring down its inventories. Varian Medical Systems Inc 's average inventory processing period in the Jan 01 2021 quarter, has increased to 120 days, from 118 days, in the Oct 02 2020 quarter.

Within Healthcare sector 153 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 1339 in the fourth quarter 2020, to 1345.

VAR Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Varian Medical Systems Inc Market Share?

What is Inventory Turnover Ratio?



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VAR Inventory Turnover Ratio (Jan 01 2021)
I. Quarter		 (Oct 02 2020)
IV. Quarter		 (Jul 03 2020)
III. Quarter		 (Apr 03 2020)
II. Quarter		 (Jan 03 2020)
I. Quarter
Y / Y Inventory Growth -4.3 % -6.38 % 13.43 % 26.36 % 36.36 %
Y / Y Cost of Sales Growth -9.15 % -18.9 % -16.57 % -0.85 % 8.76 %
Inventory Turnover Ratio (TTM) 3.05 3.09 3.23 3.47 3.68
VAR's Total Ranking # 1345 # 1339 # 1345 # 1230 # 1343
Average inventory processing period 120 118 113 105 99
Seq. Inventory Growth 10.73 % -14.01 % -0.6 % 1.1 % 8.32 %
Seq. Cost of Sales Growth -11.77 % 20.21 % -13.45 % -1.04 % -21.24 %




Inventory Turnover Ratio Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 61
Healthcare Sector # 154
Overall Market # 1345

Inventory Turnover Ratio Statistics
High Average Low
4.26 3.34 2.6
(Jan 01 2016)   (Dec. 31, 2005)



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

Financial Statements
Varian Medical Systems Inc 's Inventories $ 572 Millions Visit VAR's Balance sheet
Varian Medical Systems Inc 's Cost of Revenues TTM $ 1,749 Millions Visit VAR's Income Statement
What are VAR's Sales? Visit VAR's Sales by Segment

Other Inventory Turnover Ratios
Varian Medical Systems 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
VAR'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 VAR's Competitors
Inventory Turnover Ratio for VAR's Suppliers
Inventory Turnover Ratio for VAR's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Jan 01 2021, within Healthcare Sector Inventory Turnover Ratio Cost of revenues at quarter ending Jan 01 2021 Inventories at quarter ending Jan 01 2021
Incyte Corporation  8.24 $ 131.328  Millions$ 16  Millions
Lifemd Inc   7.94 $ 8.907  Millions$ 1  Millions
National Vision Holdings Inc   7.87 $ 927.404  Millions$ 118  Millions
Polarityte Inc   7.68 $ 4.424  Millions$ 1  Millions
Kewaunee Scientific Corporation  7.57 $ 120.202  Millions$ 16  Millions
Perspective Therapeutics Inc   7.51 $ 4.712  Millions$ 1  Millions
Horizon Therapeutics Public Limited Company  7.43 $ 532.695  Millions$ 72  Millions
Smiledirectclub Inc   7.38 $ 206.852  Millions$ 28  Millions
Enzo Biochem Inc  6.80 $ 56.558  Millions$ 8  Millions
Ufp Technologies Inc   6.79 $ 134.689  Millions$ 20  Millions
Kadmon holdings inc   6.74 $ 1.257  Millions$ 0  Millions
Lftd Partners Inc   6.62 $ 3.407  Millions$ 1  Millions
Steris Plc  6.58 $ 1,731.453  Millions$ 263  Millions
Vbi Vaccines Inc  6.47 $ 9.168  Millions$ 1  Millions
Veracyte Inc   6.46 $ 35.913  Millions$ 6  Millions
Catalent Inc   6.39 $ 2,344.200  Millions$ 367  Millions
Genmark Diagnostics Inc   6.30 $ 103.610  Millions$ 16  Millions
Avita Medical Inc   6.27 $ 3.258  Millions$ 1  Millions
Stablecoin Development Corporation  6.18 $ 3.970  Millions$ 1  Millions
Camp4 Therapeutics Corporation  6.12 $ 208.762  Millions$ 34  Millions
Dmk Pharmaceuticals Corporation  6.06 $ 14.894  Millions$ 2  Millions
Avantor Inc   5.96 $ 4,313.100  Millions$ 723  Millions
Fonar Corporation  5.87 $ 10.229  Millions$ 2  Millions
T2 Biosystems Inc   5.83 $ 21.280  Millions$ 4  Millions
Avid Bioservices Inc   5.78 $ 60.947  Millions$ 11  Millions
Carlisle Companies Incorporated  5.76 $ 3,062.800  Millions$ 532  Millions
Lantheus Holdings Inc   5.75 $ 200.649  Millions$ 35  Millions
Castle Biosciences Inc   5.71 $ 9.685  Millions$ 2  Millions
Patterson Companies Inc   5.71 $ 4,443.977  Millions$ 778  Millions
Nexgel Inc   5.66 $ 0.965  Millions$ 0  Millions

Date modified: 2026-08-29T17:18:19+00:00




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