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SomaLogic Days Inventory

: 99.65 (As of Mar. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). SomaLogic's Average Total Inventories for the three months ended in Mar. 2022 was $12.72 Mil. SomaLogic's Cost of Goods Sold for the three months ended in Mar. 2022 was $11.65 Mil. Hence, SomaLogic's Days Inventory for the three months ended in Mar. 2022 was 99.65.

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

SLGC' s Days Inventory Range Over the Past 10 Years
Min: 99.44   Med: 106.38   Max: 142.19
Current: 142.19

During the past 2 years, SomaLogic's highest Days Inventory was 142.19. The lowest was 99.44. And the median was 106.38.

SLGC's Days Inventory is ranked worse than
89.85% of 453 companies
in the Healthcare Providers & Services industry
Industry Median: 30.63 vs SLGC: 142.19

SomaLogic's Days Inventory increased from Dec. 2020 (62.59) to Mar. 2022 (99.65). It might indicate that SomaLogic's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. SomaLogic's Inventory Turnover for the three months ended in Mar. 2022 was 0.92.

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. SomaLogic's Inventory-to-Revenue for the three months ended in Mar. 2022 was 0.55.


SomaLogic Days Inventory Historical Data

The historical data trend for SomaLogic'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.

SomaLogic Annual Data
Trend Dec20 Dec21
Days Inventory
113.31 99.44

SomaLogic Quarterly Data
Sep20 Dec20 Mar21 Sep21 Dec21 Mar22
Days Inventory Premium Member Only 62.59 102.57 110.77 95.32 99.65

Competitive Comparison

For the Health Information Services subindustry, SomaLogic'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.

   

SomaLogic Days Inventory Distribution

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

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



SomaLogic Days Inventory Calculation

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

SomaLogic's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (7.02 + 11.213) / 2 ) / 33.463*365
=9.1165 / 33.463*365
=99.44

SomaLogic's Days Inventory for the quarter that ended in Mar. 2022 is calculated as:

Days Inventory (Q: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (11.213 + 14.236) / 2 ) / 11.652*365 / 4
=12.7245 / 11.652*365 / 4
=99.65

* 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.


SomaLogic  (NAS:SLGC) 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.

SomaLogic's Inventory Turnover for the three months ended in Mar. 2022 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.

SomaLogic's Inventory to Revenue for the three months ended in Mar. 2022 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.


SomaLogic Days Inventory Related Terms

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


SomaLogic Business Description

SomaLogic logo
Traded in Other Exchanges
Address
2945 Wilderness Place, Boulder, CO, USA, 80301
SomaLogic Inc delivers precise and actionable health-management information that helps individuals to optimize their personal health and wellness throughout their lives. This information, to be provided through a global network of partners and users, is derived from SomaLogic's personalized measurement of changes in an individual's proteins over time.
Executives
Blakeman Shaun M. officer: Chief Financial Officer C/O CANTEL MEDICAL CORP. 150 CLOVE ROAD LITTLE FALLS NJ 07424
Margulies Anne H. director C/O HENRY SCHEIN, INC. 135 DURYEA ROAD MELVILLE NY 11747
Post Richard A director 998 LACOSTA LANE LANE TREE CO 80124
Casdin Eli director 1350 AVENUE OF THE AMERICAS SUITE 1140 NEW YORK NY 10019
Cox Troy director C/O FOUNDATION MEDICINE, INC. C/O FOUNDATION MEDICINE, INC., 150 SECON CAMBRIDGE MA 02141
Meisel Ted D director
Barchi Robert director
Quake Stephen director C/O FLUIDIGM CORPORATION 7000 SHORELINE COURT, SUITE 100 SOUTH SAN FRANCISCO CA 94080
Lillis Charles M. director 13 CASTLE PINES DRIVE N CASTLE ROCK CO 80108
Harris Melody officer: President and COO 4801 WEST BYRON PLACE DENVER CO 80211
Gutierrez Ruben officer: General Counsel 6435 AVENIDA WILFREDO LA JOLLA CA 92037
Graves Amy officer: Chief Accounting Officer 926 PENDLETON AVENUE LONGMONT CO 80504
Smythe Roy director, officer: Chief Executive Officer 935 10TH STREET BOULDER CO 80302
M-lsh Ii Llc 10 percent owner 667 MADISON AVENUE C/O CORVEX MANAGEMENT LP NEW YORK NY 10065
C-lsh Ii Llc 10 percent owner 1350 6TH AVENUE SUITE 2600 NEW YORK NY 10019

SomaLogic Headlines

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