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ResMed RMD Inventory turnover

Inventory turnover at other companies

Eli Lilly logo
Eli LillyLLY
-0.1×
Stryker logo
StrykerSYK
1.7×+0.1×
Baxter International logo
Baxter InternationalBAX
3.5×+0.9×
Insmed logo
InsmedINSM
1.3×+0.3×
Boston Scientific logo
Boston ScientificBSX
2.1×+0.1×
Abbott logo
AbbottABT
2.9×+0.1×

Other financials

Income statement

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Revenue$1.4B+10.8%
Gross profit$891.0M+16.3%
Operating income$499.8M+17.3%
Net income$398.7M+9.2%
EPS (diluted)$2.74+10.5%

Balance sheet

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Cash & equivalents$1.7B+78.0%
Total debt$1.1B+29.8%
Total equity$6.5B+17.1%
Total assets$8.8B+16.1%

Cash flow

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Operating cash flow$554.1M-4.2%
CapEx$33.7M+61.8%
Free cash flow$520.5M-6.7%

Valuation

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Market cap$27.36B-0.5%
Enterprise value$26.8B-2.0%
P/E18×-2.9×
P/S4.9×-0.5×

Profitability

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Gross margin61.6%+2.8pp
Operating margin34.2%+2.1pp
Net margin27.4%+1.3pp
FCF margin31.7%+0.4pp

Returns & leverage

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Return on equity25.2%-0.6pp
Debt / equity0.2×0.0×
Current ratio-0.4×

Where this comes from

Calculated from ResMed’s reported figures.

Based on trailing twelve months.

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

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Questions, answered.

What is ResMed's inventory turnover?
ResMed (RMD) reported inventory turnover of 2.4× in Q1 2026.
How has ResMed's inventory turnover changed year-over-year?
ResMed's inventory turnover decreased by 2.1% year-over-year, from 2.4× to 2.4×.
What is the long-term trend for ResMed's inventory turnover?
Over 4 years (2021 to 2025), ResMed's inventory turnover has grown at a -6.3% compound annual growth rate (CAGR), from 3.1× to 2.4×.
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.