ELMD (Electromed) Inventory Turnover: 1.16 (As of Mar. 2026)

What is Electromed Inventory Turnover?

Electromed ELMD +3.09% 85 Inventory Turnover is 1.16 as of Mar. 2026. GuruFocus rates ELMD with a GF Score™ of 85/100 and a GF Value™ of $25.22 (Significantly 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. Electromed's Cost of Goods Sold for the three months ended in Mar. 2026 was $3.93 Mil. Electromed's Average Total Inventories for the quarter that ended in Mar. 2026 was $3.38 Mil. Electromed's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Electromed's Days Inventory for the three months ended in Mar. 2026 was 78.36.

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. Electromed's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.18.

Electromed (AMEX:ELMD) 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.

Electromed'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
	=	3.3765	/	3.932	*	365 / 4
	=	78.36

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.

Electromed'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 )
	=	3.3765	/	18.575
	=	0.18

* 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.

Electromed Inventory Turnover Related Terms

Electromed Inventory Turnover Historical Data

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

Electromed Inventory Turnover Chart

Electromed Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Inventory Turnover

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3.25

3.86

3.12

3.27

4.00

Electromed 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															1.14	1.20	1.04	1.13	1.16

85GF Score

Electromed Inc ELMD

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

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Electromed Inventory Turnover Calculation

Electromed's Inventory Turnover for the fiscal year that ended in Jun. 2025 is calculated as

	Inventory Turnover (A: Jun. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2025 )	/ (	(Total Inventories (A: Jun. 2024 )	+	Total Inventories (A: Jun. 2025 ))	/	count )
=	14.029	/ (	(3.712	+	3.299)	/	2 )
=	14.029	/	3.5055
=	4.00

Electromed'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 )
=	3.932	/ (	(3.458	+	3.295)	/	2 )
=	3.932	/	3.3765
=	1.16

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.16 mean?

Electromed (ELMD) has a Inventory Turnover of 1.16 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Electromed and its competitors.

Is Electromed's Inventory Turnover too high?

Electromed's current Inventory Turnover is 1.16. Overall, Electromed has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Electromed's Inventory Turnover compare to CATX and MASS?

Electromed's Inventory Turnover of 1.16 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 Electromed and its competitors. Electromed's current Inventory Turnover is 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Electromed stock overvalued right now?

Based on GuruFocus' analysis, Electromed (ELMD) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.22, compared to a current price of $45.43 — trading 80.1% above its estimated fair value. The current Inventory Turnover is 1.16. Electromed's overall GF Score™ is 85/100 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 Electromed (ELMD), the current Inventory Turnover is 1.16 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 Electromed (ELMD) Overvalued in 2026?

Based on GuruFocus' analysis, Electromed stock appears to be overvalued. The current stock price of $45.43 is trading 80.1% above its estimated GF Value™ of $25.22. GuruFocus considers Electromed to be Significantly Overvalued.

Key valuation signals for ELMD:

Inventory Turnover: 1.16
GF Value™: $25.22 vs. price of $45.43 (80.1% above fair value)
GF Score™: 85/100 with 5 warning signs

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

Electromed Business Description

Industry Healthcare Medical Devices & Instruments

Comparable Companies CATX MASS CV SGHT SENS LAB OFIX TMCI TLSI VREX ABT SYK MDT BSX EW XTER:SHL GEHC DXCM XAMS:PHIA SZSE:300760

Address 500 Sixth Avenue NW, New Prague, MN, USA, 56071

Website https://www.smartvest.com

Electromed Inc is a United States-based company that develops, manufactures, markets, and sells products that provide airway clearance therapy, including the SmartVest Airway Clearance System and related products, to patients with compromised pulmonary function with a commitment to excellence and compassionate service. The SmartVest System features a programmable air pulse generator, a therapy garment worn over the upper body and a connecting hose, which together provide safe, comfortable, and effective airway clearance therapy.

85GF Score

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$45.43

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$25.22

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