STERIS(STE) - 2024 Q2 - Earnings Call Transcript

Although I would say that our lead times continue to be longer than we would like them to be. What I would say is it's got to get better. And even if the procedure rates don't improve, at some point, the inventory burn down crosses over and we get back to normal stocking from our customer perspective. And everybody got really bloated on inventory over the last couple of years, and everybody now is trying to bring it down. And we've heard some customers say as much as 40% or 50% and that takes considerable t ...