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Medtronic Plc  (MDT)
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Medtronic Plc Inventory Turnover Ratio (Sales)

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



MDT Inventory to Sales Ratio (Jan 26 2024)
III. Quarter
(Oct 27 2023)
II. Quarter
(Jul 28 2023)
I. Quarter
(Apr 28 2023)
IV. Quarter
(Jan 27 2023)
III. Quarter
Y / Y Inventory Change 6.53 % 13.83 % 17.86 % 14.67 % 19.07 %
Y / Y Sales Change 4.68 % 5.26 % 4.49 % 5.62 % -0.46 %
Inventory to Sales Ratio (TTM) Sales 5.76 5.79 5.9 6.08 6.2
Overall Ranking # 831 # 1211 # 1204 # 1189 # 856
Seq. Inventory Change -0.49 % 1.52 % 7.08 % -1.53 % 6.33 %
Seq. Sales Change 1.32 % 3.66 % -9.85 % 10.57 % 1.87 %

Inventory to Sales Ratio Comment
Medtronic Plc inventory turnover ratio sequentially decreased to 5.76 below company average.

Within Healthcare sector 138 other companies have achieved higher inventory turnover ratio. While inventory to sales ratio remained unchanged compare to previous quarter at no. .

Medtronic Plc Inventory Turnover Ratio using Cost of Sales Formula
What is Inventory Turnover Ratio?
Who are Medtronic Plc Customers?
Inventory to Sales Ratio Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 45
Healthcare Sector # 139
Overall Market # 831

Inventory Turnover Ratio Statistics (Sales Formula)
High Average Low
16.83 9.04 5.76
(March 31, 2016)   (Jan 26 2024)







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