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Idexx Laboratories IDXX Inventory turnover

Inventory turnover at other companies

Agilent Technologies logo
Agilent TechnologiesA
3.3×+0.2×
Danaher logo
DanaherDHR
+0.3×
Quest Diagnostics logo
Quest DiagnosticsDGX
36.4×-0.5×
Labcorp Holdings logo
Labcorp HoldingsLH
20.4×+0.7×
Abbott logo
AbbottABT
2.9×+0.1×
WAT
Waters CorporationWAT
2.5×0.0×

Other financials

Income statement

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Revenue$1.1B+14.3%
Gross profit$722.7M+15.9%
Operating income$362.6M+14.5%
Net income$278.4M+14.7%
EPS (diluted)$3.47+17.2%

Balance sheet

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Cash & equivalents$200.5M+22.3%
Total debt$575.5M-22.2%
Total equity$1.6B+7.5%
Total assets$3.4B+5.4%

Cash flow

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Operating cash flow$266.2M+11.9%
CapEx$32.0M+6.5%
Free cash flow$234.3M+12.7%

Valuation

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Market cap$43.08B+31.1%
Enterprise value$43.45B+30.0%
P/E39.3×+2.6×
P/S9.7×+1.3×

Profitability

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Gross margin62.1%+0.8pp
Operating margin31.6%+2.5pp
Net margin24.6%+1.9pp

Returns & leverage

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Return on equity72.9%+13.6pp
Debt / equity0.4×-0.1×
Current ratio1.1×0.0×

Where this comes from

Calculated from Idexx Laboratories’s reported figures.

Based on trailing twelve months.

The official record: Idexx Laboratories’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Idexx Laboratories's inventory turnover?
Idexx Laboratories (IDXX) reported inventory turnover of 4.3× in Q1 2026.
How has Idexx Laboratories's inventory turnover changed year-over-year?
Idexx Laboratories's inventory turnover increased by 12.0% year-over-year, from 3.9× to 4.3×.
What is the long-term trend for Idexx Laboratories's inventory turnover?
Over 4 years (2021 to 2025), Idexx Laboratories's inventory turnover has grown at a -6.9% compound annual growth rate (CAGR), from 21.7× to 16.3×.
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.