Accelerate Diagnostics (MEX:AXDX) Change In Inventory: MXN-0.7 Mil (TTM As of Dec. 2024)

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MEX:AXDX Accelerate Diagnostics Inc MEX:AXDX
12 GF Score
Price MXN1.75
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What is Accelerate Diagnostics Change In Inventory?

Accelerate Diagnostics MEX:AXDX 12 Change In Inventory is MXN-0.7 Mil as of Dec. 2024. GuruFocus rates MEX:AXDX with a GF Score™ of 12/100.

Accelerate Diagnostics's change in inventory for the quarter that ended in Dec. 2024 was MXN-0.3 Mil. It means Accelerate Diagnostics's inventory increased by MXN0.3 Mil from Sep. 2024 to Dec. 2024 .

Accelerate Diagnostics's change in inventory for the fiscal year that ended in Dec. 2024 was MXN-1.0 Mil. It means Accelerate Diagnostics's inventory increased by MXN1.0 Mil from Dec. 2023 to Dec. 2024 .

Accelerate Diagnostics's Total Inventories for the quarter that ended in Dec. 2024 was MXN59.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Accelerate Diagnostics's Days Inventory for the quarter that ended in Dec. 2024 was 109.17.

Inventory Turnover measures how fast the company turns over its inventory within a year. Accelerate Diagnostics's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.84.

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. Accelerate Diagnostics's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.01.

Accelerate Diagnostics  (MEX:AXDX) Change In Inventory Explanation

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

Accelerate Diagnostics's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=59.059/49.366*365 / 4
=109.17

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

Accelerate Diagnostics's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=49.366 / 59.059
=0.84

3. 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.

Accelerate Diagnostics's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=59.059 / 58.73
=1.01

* 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.

Accelerate Diagnostics Change In Inventory Related Terms

Accelerate Diagnostics Change In Inventory Historical Data

* Premium members only.

The historical data trend for Accelerate Diagnostics's Change In 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.

Accelerate Diagnostics Change In Inventory Chart

Accelerate Diagnostics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.97 -8.51 -4.60 7.57 -1.04

Accelerate Diagnostics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Change In 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 2.51 -1.41 -0.99 2.01 -0.27
MEX:AXDX
12GF Score
Accelerate Diagnostics Inc MEX:AXDX
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Accelerate Diagnostics Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-0.7 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of MXN-0.7 Mil mean?
Accelerate Diagnostics (MEX:AXDX) has a Change In Inventory of MXN-0.7 Mil as of Dec. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Accelerate Diagnostics and its competitors.
Is Accelerate Diagnostics' Change In Inventory too high?
Accelerate Diagnostics' current Change In Inventory is MXN-0.7 Mil. Overall, Accelerate Diagnostics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Accelerate Diagnostics' Change In Inventory compare to MSIU and BIOLQ?
Accelerate Diagnostics' Change In Inventory of MXN-0.7 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Medical Devices & Instruments company?
A good Change In Inventory depends on the Medical Devices & Instruments industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Accelerate Diagnostics and its competitors. Accelerate Diagnostics's current Change In Inventory is MXN-0.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerate Diagnostics stock overvalued right now?
Accelerate Diagnostics (MEX:AXDX) has a current Change In Inventory of MXN-0.7 Mil. The current Change In Inventory is MXN-0.7 Mil. Accelerate Diagnostics' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Accelerate Diagnostics (MEX:AXDX), the current Change In Inventory is MXN-0.7 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Accelerate Diagnostics Business Description

Address 3950 South Country Club Road, Suite 470, Tucson, AZ, USA, 85714
Accelerate Diagnostics Inc is an in vitro diagnostics company dedicated to providing solutions that improve patient outcomes and lower healthcare costs through the rapid diagnosis of serious infections. Its Clinical Microbiology products include Accelerate Pheno system, Accelerate PhenoTest BC Kit, and Accelerate Arc module & BC kit. The company earns the majority of its revenue from the domestic market. The group operates as one operating segment, deriving instrument, consumable, and service revenues from customers engaged in healthcare diagnostics within the United States. Product revenue is derived from the sale or rental of instruments and sales of related consumable products. Service revenue is derived from the sale of extended service agreements.
12GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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