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Baxter International BAX Inventory turnover

Inventory turnover at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
3.2×0.0×
Stryker logo
StrykerSYK
1.7×+0.1×
The Cooper Companies, Inc. logo
The Cooper Companies, Inc.COO
1.6×+0.1×
Medtronic logo
MedtronicMDT
2.2×+0.1×
STERIS logo
STERISSTE
5.5×+0.6×
Abbott logo
AbbottABT
2.9×+0.1×

Other financials

Income statement

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Revenue$2.7B+2.9%
Gross profit$891.0M+3.5%
Operating income$66.0M+13.8%
Net income-$15.0M-112%
EPS (diluted)-$0.03-112%

Balance sheet

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Cash & equivalents$2.0B-12.1%
Total debt$224.0M-8.9%
Total equity$6.0B-14.7%
Total assets$19.8B-6.8%

Cash flow

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Operating cash flow$213.0M+210%
CapEx$128.3M+15.0%
Free cash flow$83.0M-42.1%

Valuation

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Market cap$10.27B-50.6%
Enterprise value$8.48B-55.6%
P/S0.9×-1.0×

Profitability

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Gross margin30.1%-5.9pp
Operating margin-2.7%
Net margin-9.7%+62.5pp
FCF margin3%-2.4pp

Returns & leverage

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Return on equity-16.7%-76.7pp
Debt / equity0.0×
Current ratio1.9×-0.2×

Where this comes from

Calculated from Baxter International’s reported figures.

Based on trailing twelve months.

The official record: Baxter International’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Baxter International's inventory turnover?
Baxter International (BAX) reported inventory turnover of 3.5× in Q1 2026.
How has Baxter International's inventory turnover changed year-over-year?
Baxter International's inventory turnover increased by 32.1% year-over-year, from 2.7× to 3.5×.
What is the long-term trend for Baxter International's inventory turnover?
Over 5 years (2020 to 2025), Baxter International's inventory turnover has grown at a -1.5% compound annual growth rate (CAGR), from 4× to 3.7×.
What does inventory turnover mean?
How many times a year the company sells through and restocks its inventory.
How do you interpret inventory turnover?
Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
How does inventory turnover compare across companies?
Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.