Sbc Medical Warrants(Sbcww) Financials: Inventory Turnover Compared To Industry Average, Plus Other Key Ratios
Growth Trend (Last 5 Years)
Growth - inventory turnover
This chart shows the historical trend of inventory turnover for SBCWW compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Inventory Turnover
Definition: Inventory turnover measures how quickly the company sells and replaces its inventory. A higher turnover means products are selling fast and inventory isn’t sitting idle. Slow turnover may suggest weak sales, poor demand forecasting, or obsolete inventory piling up — all of which can tie up cash unnecessarily.
Interpretation:
• In '2022', SBCWW's inventory turnover was 43.94, reflecting efficiency in managing inventory stock. Industry average for Medical/Nursing Services in '2022' stood at 5.98.
• In '2023', SBCWW's inventory turnover was 25.33, reflecting efficiency in managing inventory stock. The decline from '2022' may indicate some operational or financial challenges. Industry average for Medical/Nursing Services in '2023' stood at 7.16. Industry average increased by 1.18 compared to previous year.
• In '2024', SBCWW's inventory turnover was 21.53, reflecting efficiency in managing inventory stock. The decline from '2023' may indicate some operational or financial challenges. Industry average for Medical/Nursing Services in '2024' stood at 8.10. Industry average increased by 0.94 compared to previous year.
Overall, SBCWW's inventory turnover has been volatile but showed a downward trend over the past 3 years.
Formula: Inventory Turnover = Cost of Goods Sold / Average Inventory
Good Range: Typically 4 to 12 depending on industry.