Intuitive Inventory Turnover from 2010 to 2024

ISRG Stock  USD 536.69  0.38  0.07%   
Intuitive Surgical's Inventory Turnover is decreasing over the last several years with slightly volatile swings. Inventory Turnover is predicted to flatten to 1.86. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
1.96182205
Current Value
1.86
Quarterly Volatility
1.07642384
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Intuitive Surgical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Intuitive Surgical's main balance sheet or income statement drivers, such as Interest Expense of 50.9 M, Other Operating Expenses of 5.6 B or Operating Income of 1.9 B, as well as many indicators such as Price To Sales Ratio of 8.95, Dividend Yield of 0.0 or PTB Ratio of 4.9. Intuitive financial statements analysis is a perfect complement when working with Intuitive Surgical Valuation or Volatility modules.
  
Check out the analysis of Intuitive Surgical Correlation against competitors.
For more detail on how to invest in Intuitive Stock please use our How to Invest in Intuitive Surgical guide.

Latest Intuitive Surgical's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Intuitive Surgical over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Intuitive Surgical's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Intuitive Surgical's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Intuitive Inventory Turnover Regression Statistics

Arithmetic Mean3.28
Geometric Mean3.11
Coefficient Of Variation32.81
Mean Deviation0.96
Median2.98
Standard Deviation1.08
Sample Variance1.16
Range3.1482
R-Value(0.68)
Mean Square Error0.66
R-Squared0.47
Significance0
Slope(0.16)
Total Sum of Squares16.22

Intuitive Inventory Turnover History

2024 1.86
2023 1.96
2022 2.27
2021 2.98
2020 2.49
2019 2.3
2018 2.74

About Intuitive Surgical Financial Statements

Intuitive Surgical stakeholders use historical fundamental indicators, such as Intuitive Surgical's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Intuitive Surgical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Intuitive Surgical's assets and liabilities are reflected in the revenues and expenses on Intuitive Surgical's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Intuitive Surgical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 1.96  1.86 

Currently Active Assets on Macroaxis

When determining whether Intuitive Surgical is a strong investment it is important to analyze Intuitive Surgical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Intuitive Surgical's future performance. For an informed investment choice regarding Intuitive Stock, refer to the following important reports:
Check out the analysis of Intuitive Surgical Correlation against competitors.
For more detail on how to invest in Intuitive Stock please use our How to Invest in Intuitive Surgical guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intuitive Surgical. If investors know Intuitive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intuitive Surgical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.345
Earnings Share
6.23
Revenue Per Share
22.22
Quarterly Revenue Growth
0.169
Return On Assets
0.0795
The market value of Intuitive Surgical is measured differently than its book value, which is the value of Intuitive that is recorded on the company's balance sheet. Investors also form their own opinion of Intuitive Surgical's value that differs from its market value or its book value, called intrinsic value, which is Intuitive Surgical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intuitive Surgical's market value can be influenced by many factors that don't directly affect Intuitive Surgical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intuitive Surgical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intuitive Surgical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intuitive Surgical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.