GE HealthCare Technologies Inc. (GEHC)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Cost of revenue | US$ in thousands | 4,316,000 | 4,177,000 |
| Inventory | US$ in thousands | 1,960,000 | 2,155,000 |
| Inventory turnover | 2.20 | 1.94 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $4,316,000K ÷ $1,960,000K
= 2.20
Peer comparison
Dec 31, 2023
Company name
Symbol
Inventory turnover
GE HealthCare Technologies Inc.
GEHC
2.20
Hologic Inc
HOLX
3.17