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Sophia Genetics (Sophia Genetics) Days Inventory : 106.11 (As of Mar. 2024)


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What is Sophia Genetics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sophia Genetics's Average Total Inventories for the three months ended in Mar. 2024 was $6.25 Mil. Sophia Genetics's Cost of Goods Sold for the three months ended in Mar. 2024 was $5.37 Mil. Hence, Sophia Genetics's Days Inventory for the three months ended in Mar. 2024 was 106.11.

The historical rank and industry rank for Sophia Genetics's Days Inventory or its related term are showing as below:

SOPH' s Days Inventory Range Over the Past 10 Years
Min: 96.58   Med: 119.19   Max: 157.11
Current: 96.58

During the past 6 years, Sophia Genetics's highest Days Inventory was 157.11. The lowest was 96.58. And the median was 119.19.

SOPH's Days Inventory is ranked worse than
81.7% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.44 vs SOPH: 96.58

Sophia Genetics's Days Inventory increased from Mar. 2023 (98.34) to Mar. 2024 (106.11). It might indicate that Sophia Genetics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sophia Genetics's Inventory Turnover for the three months ended in Mar. 2024 was 0.86.

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. Sophia Genetics's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.40.


Sophia Genetics Days Inventory Historical Data

The historical data trend for Sophia Genetics'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.

Sophia Genetics Days Inventory Chart

Sophia Genetics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 157.11 119.19 109.21 121.83 109.15

Sophia Genetics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 98.34 86.66 96.62 103.46 106.11

Competitive Comparison of Sophia Genetics's Days Inventory

For the Health Information Services subindustry, Sophia Genetics'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.


Sophia Genetics's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Sophia Genetics's Days Inventory falls into.



Sophia Genetics Days Inventory Calculation

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

Sophia Genetics'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
=( (5.156 + 6.482) / 2 ) / 19.458*365
=5.819 / 19.458*365
=109.15

Sophia Genetics's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (6.482 + 6.016) / 2 ) / 5.374*365 / 4
=6.249 / 5.374*365 / 4
=106.11

* 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.


Sophia Genetics  (NAS:SOPH) 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.

Sophia Genetics's Inventory Turnover for the three months ended in Mar. 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.

Sophia Genetics's Inventory to Revenue for the three months ended in Mar. 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.


Sophia Genetics Days Inventory Related Terms

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


Sophia Genetics (Sophia Genetics) Business Description

Traded in Other Exchanges
Address
Rue du Centre 172, Saint-Sulpice, CHE, CH-1025
Sophia Genetics SA is a healthcare technology company dedicated to establishing the practice of data-driven medicine as the standard of care and for life sciences research. It has built a cloud-based SaaS platform capable of analyzing data and generating insights from complex multimodal data sets and different diagnostic modalities.