Medtronic MDT Inventory turnover
Inventory turnover at other companies
Other financials
Where this comes from
Calculated from Medtronic’s reported figures.
Based on trailing twelve months.
The official record: Medtronic’s 10-K, filed June 18, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Medtronic's inventory turnover?
- Medtronic (MDT) reported inventory turnover of 2.2× in Q1 2026.
- How has Medtronic's inventory turnover changed year-over-year?
- Medtronic's inventory turnover increased by 2.3% year-over-year, from 2.2× to 2.2×.
- What is the long-term trend for Medtronic's inventory turnover?
- Over 5 years (2021 to 2026), Medtronic's inventory turnover has grown at a -2.0% compound annual growth rate (CAGR), from 9.4× to 8.5×.
- 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.