Neovasc Inc. Inventory Turnover

Inventory Turnover of NVCN for past 10 years: annual, quarterly and twelve month trailing (TTM) including Inventory Turnover growth rates and interactive chart.

Highlights and Quick Summary

  • Annual Inventory Turnover for 2021 was 1.05 (a -40.47% decrease from previous year)
  • Annual Inventory Turnover for 2020 was 1.76 (a -26.69% decrease from previous year)
  • Annual Inventory Turnover for 2019 was 2.4 (a 20.53% increase from previous year)
  • Twelve month Inventory Turnover ending March 31, 2022 was 0.95 (a -9.74% decrease compared to previous quarter)
  • Twelve month trailing Inventory Turnover increased by 3.58% year-over-year
Trailing Inventory Turnover for the last four month:
31 Mar '22 31 Dec '21 30 Sep '21 30 Jun '21
0.95 1.05 1.02 0.92
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Historical Inventory Turnover of Neovasc Inc.

Most recent Inventory Turnoverof NVCN including historical data for past 10 years.

Interactive Chart of Inventory Turnover of Neovasc Inc.

Neovasc Inc. Inventory Turnover for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 1.05
2020 1.76
2019 2.4
2018 1.99
2017 13.77
2016 17.85
2015 13.76
2014 20.78
2013 20.85
2012 18.94
2011 13.02

Business Profile of Neovasc Inc.

Sector: Healthcare
Industry: Medical Devices
Neovasc Inc., a specialty medical device company, develops, manufactures, and markets products for cardiovascular marketplace in Europe and internationally. Its products include the Tiara technology for the transcatheter treatment of mitral valve disease; and the Neovasc Reducer for the treatment of refractory angina. The company was formerly known as Medical Ventures Corp. and changed its name to Neovasc Inc. in July 2008. Neovasc Inc. was incorporated in 2000 and is headquartered in Richmond, Canada.