AVNS (Avanos Medical) Inventory Turnover: 0.61 (As of Mar. 2026)

What is Avanos Medical Inventory Turnover?

Avanos Medical AVNS +1.22% 62 Inventory Turnover is 0.61 as of Mar. 2026. GuruFocus rates AVNS with a GF Score™ of 62/100 and a GF Value™ of $19.41 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Avanos Medical's Cost of Goods Sold for the three months ended in Mar. 2026 was $88.0 Mil. Avanos Medical's Average Total Inventories for the quarter that ended in Mar. 2026 was $144.7 Mil. Avanos Medical's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avanos Medical's Days Inventory for the three months ended in Mar. 2026 was 149.99.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Avanos Medical's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.79.

Avanos Medical (NYSE:AVNS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Avanos Medical's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	144.65	/	88	*	365 / 4
	=	149.99

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Avanos Medical's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	144.65	/	182.2
	=	0.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Avanos Medical Inventory Turnover Related Terms

Avanos Medical Inventory Turnover Historical Data

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The historical data trend for Avanos Medical's Inventory Turnover can be seen below:

Avanos Medical Inventory Turnover Chart

Avanos Medical Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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1.75

1.99

2.03

2.42

Avanos Medical Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															0.56	0.59	0.63	0.64	0.61

62GF Score

Avanos Medical Inc AVNS

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Avanos Medical Inventory Turnover Calculation

Avanos Medical's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	347.3	/ (	(138.8	+	148)	/	2 )
=	347.3	/	143.4
=	2.42

Avanos Medical's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	88	/ (	(148	+	141.3)	/	2 )
=	88	/	144.65
=	0.61

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.61 mean?

Avanos Medical (AVNS) has a Inventory Turnover of 0.61 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Avanos Medical and its competitors.

Is Avanos Medical's Inventory Turnover too high?

Avanos Medical's current Inventory Turnover is 0.61. Overall, Avanos Medical has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Avanos Medical's Inventory Turnover compare to LMRI and AORT?

Avanos Medical's Inventory Turnover of 0.61 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Medical Devices & Instruments company?

A good Inventory Turnover depends on the Medical Devices & Instruments industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Avanos Medical and its competitors. Avanos Medical's current Inventory Turnover is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Avanos Medical stock overvalued right now?

Based on GuruFocus' analysis, Avanos Medical (AVNS) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.41, compared to a current price of $24.93 — trading 28.4% above its estimated fair value. The current Inventory Turnover is 0.61. Avanos Medical's overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Avanos Medical (AVNS), the current Inventory Turnover is 0.61 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Avanos Medical (AVNS) Overvalued in 2026?

Based on GuruFocus' analysis, Avanos Medical stock appears to be overvalued. The current stock price of $24.93 is trading 28.4% above its estimated GF Value™ of $19.41. GuruFocus considers Avanos Medical to be Modestly Overvalued.

Key valuation signals for AVNS:

Inventory Turnover: 0.61
GF Value™: $19.41 vs. price of $24.93 (28.4% above fair value)
GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the AVNS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Avanos Medical Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies LMRI AORT IRMD TNDM CNMD PRCT ENOV INSP AVR QDEL ABT SYK MDT BSX EW XTER:SHL GEHC DXCM XAMS:PHIA SZSE:300760

Address 5405 Windward Parkway, Suite 100 South, Alpharetta, GA, USA, 30004

Website https://www.avanos.com

Avanos Medical Inc is a medical technology company engaged in the development and commercialization of products for pain management and patient care. The company has two reportable segments: Specialty Nutrition Systems and Pain Management and Recovery. The Specialty Nutrition Systems segment provides enteral feeding and neonatal products. The Pain Management and Recovery segment offers surgical pain and recovery products, including pain pumps and radiofrequency ablation solutions for the treatment of chronic pain.

62GF Score

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$24.93

Price

$19.41

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