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Bio-Techne TECH Inventory turnover

Inventory turnover at other companies

Danaher logo
DanaherDHR
+0.3×
Bruker logo
BrukerBRKR
1.7×+0.1×
Bio-Rad Laboratories logo
Bio-Rad LaboratoriesBIO
1.6×+0.1×
Agilent Technologies logo
Agilent TechnologiesA
3.3×+0.2×
Illumina logo
IlluminaILMN
4.5×+2.3×
WAT
Waters CorporationWAT
2.5×0.0×

Other financials

Income statement

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Revenue$311.4M-1.5%
Gross profit$208.3M-2.9%
Operating income$75.5M+95.0%
Net income$51.0M+126%
EPS (diluted)$0.32+129%

Balance sheet

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Cash & equivalents$209.8M+49.2%
Total debt$290.3M-31.4%
Total equity$2.1B+3.3%
Total assets$2.6B-3.5%

Cash flow

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Operating cash flow$86.7M+111%
CapEx$9.1M-10.2%
Free cash flow$77.6M+150%

Valuation

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Market cap$9.07B-11.8%
Enterprise value$9.15B-13.6%
P/E60.6×+13.6×
P/S7.5×-1.0×

Profitability

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Gross margin65%-0.8pp
Operating margin14.2%-7.9pp
Net margin10.9%-6.7pp
FCF margin22.3%+4.0pp

Returns & leverage

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Return on equity6.5%-3.9pp
Debt / equity0.1×-0.1×
Current ratio4.5×+0.8×

Where this comes from

Calculated from Bio-Techne’s reported figures.

Based on trailing twelve months.

The official record: Bio-Techne’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bio-Techne's inventory turnover?
Bio-Techne (TECH) reported inventory turnover of 2.2× in Q1 2026.
How has Bio-Techne's inventory turnover changed year-over-year?
Bio-Techne's inventory turnover decreased by 3.2% year-over-year, from 2.2× to 2.2×.
What is the long-term trend for Bio-Techne's inventory turnover?
Over 3 years (2022 to 2025), Bio-Techne's inventory turnover has grown at a -4.9% compound annual growth rate (CAGR), from 2.7× to 2.3×.
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.