Inventory Turnover (Annual)

Inventory Turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Calculated as: Cost of Goods Sold / Total Inventory

Thermo Fisher Scientific Inc. (TMO) had Inventory Turnover of 5.06 for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$42.86B
Net Income	$6.00B
Cost of Goods Sold	$25.76B
Gross Profit	$17.10B
Operating Expenses	$36.00B
Operating Income	$6.86B
Non-Operating Income/Expense	$-561.00M
Pre-Tax Income	$6.30B
Normalized Pre-Tax Income	$6.30B
Income after Taxes	$6.01B
Income from Continuous Operations	$5.96B
Consolidated Net Income/Loss	$5.96B
Normalized Income after Taxes	$6.01B
EBIT	$6.86B
EBITDA	$10.27B
Weighted-Average Shares Outstanding (Basic)	386.00M
Weighted-Average Shares Outstanding (Diluted)	388.00M
Earnings per Share (EPS) (Basic)	$15.52
Earnings per Share (EPS) (Diluted)	$15.45
Balance Sheet Financials
Current Assets	$24.59B
Property, Plant, and Equipment	$9.45B
Long-Term Assets	$74.14B
Total Assets	$98.73B
Current Liabilities	$14.01B
Long-Term Debt	$31.31B
Long-Term Liabilities	$37.99B
Total Liabilities	$52.00B
Common Equity	$46.72B
Tangible Shareholders Equity	$-13.97B
Shareholders Equity	$46.72B
Common Shares Outstanding	386.65M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$8.41B
Cash Flow from Investing Activities	$-5.14B
Cash Flow from Financial Activities	$-3.62B
Beginning Cash	$8.54B
End Cash	$8.10B
Increase/Decrease in Cash	$-440.00M
Stock-Based Compensation	$278.00M
Common Stock Dividends Paid	$-523.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.75
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.40
Debt to Equity Ratio	0.75
Gross Margin	39.90%
Operating Margin	16.00%
EBIT Margin	16.00%
EBITDA Margin	23.95%
Pre-Tax Profit Margin	14.70%
Profit Margin	13.99%
Free Cash Flow	$7.01B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.43
Inventory Turnover	5.06
Receiveable Turnover	5.21
Days Sales in Receivables	70.02
Return on Equity	12.75%
Return on Tangible Equity	-42.64%
Return on Assets	6.03%
Return on Investments	7.63%
Book Value Per Share	$120.84
Free Cash Flow per Share	$18.08
Operating Cash Flow per Share	$21.66

Data from Zacks Investment Research, Inc.