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10x Genomics (MEX:TXG) Days Inventory : 177.60 (As of Sep. 2024)


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What is 10x Genomics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). 10x Genomics's Average Total Inventories for the three months ended in Sep. 2024 was MXN1,735 Mil. 10x Genomics's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN891 Mil. Hence, 10x Genomics's Days Inventory for the three months ended in Sep. 2024 was 177.60.

The historical rank and industry rank for 10x Genomics's Days Inventory or its related term are showing as below:

MEX:TXG' s Days Inventory Range Over the Past 10 Years
Min: 71.29   Med: 141.18   Max: 221.5
Current: 145.75

During the past 7 years, 10x Genomics's highest Days Inventory was 221.50. The lowest was 71.29. And the median was 141.18.

MEX:TXG's Days Inventory is ranked worse than
90.15% of 477 companies
in the Healthcare Providers & Services industry
Industry Median: 31.01 vs MEX:TXG: 145.75

10x Genomics's Days Inventory increased from Sep. 2023 (128.19) to Sep. 2024 (177.60). It might indicate that 10x Genomics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. 10x Genomics's Inventory Turnover for the three months ended in Sep. 2024 was 0.51.

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. 10x Genomics's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.58.


10x Genomics Days Inventory Historical Data

The historical data trend for 10x Genomics's Days Inventory can be seen below:

* 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.

* Premium members only.

10x Genomics Days Inventory Chart

10x Genomics Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 72.34 138.70 219.26 219.40 145.94

10x Genomics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 128.19 104.86 150.44 152.72 177.60

Competitive Comparison of 10x Genomics's Days Inventory

For the Health Information Services subindustry, 10x Genomics's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


10x Genomics's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, 10x Genomics's Days Inventory distribution charts can be found below:

* The bar in red indicates where 10x Genomics's Days Inventory falls into.



10x Genomics Days Inventory Calculation

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

10x Genomics's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1591.439 + 1251.104) / 2 ) / 3554.646*365
=1421.2715 / 3554.646*365
=145.94

10x Genomics's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1617.152 + 1851.873) / 2 ) / 891.203*365 / 4
=1734.5125 / 891.203*365 / 4
=177.60

* 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.


10x Genomics  (MEX:TXG) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

10x Genomics's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

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.

10x Genomics's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


10x Genomics Days Inventory Related Terms

Thank you for viewing the detailed overview of 10x Genomics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


10x Genomics Business Description

Traded in Other Exchanges
Address
6230 Stoneridge Mall Road, Pleasanton, CA, USA, 94588
10x Genomics Inc is a life science technology company based in the United States. Its solutions include instruments, consumables, and software for analyzing biological systems. The product portfolio of the company includes Chromium Controller, Reagent Kits, 10x Compatible Products, and Informatics Software among others. The majority of its revenue is generated from consumables.