Sophia Genetics (Sophia Genetics) Change In Inventory : $-1.37 Mil (TTM As of Mar. 2024)

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What is Sophia Genetics Change In Inventory?

Sophia Genetics's change in inventory for the quarter that ended in Mar. 2024 was $0.38 Mil. It means Sophia Genetics's inventory declined by $0.38 Mil from Dec. 2023 to Mar. 2024 .

Sophia Genetics's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.87 Mil. It means Sophia Genetics's inventory increased by $0.87 Mil from Dec. 2022 to Dec. 2023 .

Sophia Genetics's Total Inventories for the quarter that ended in Mar. 2024 was $6.02 Mil.

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 quarter that ended in Mar. 2024 was 106.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sophia Genetics's Inventory Turnover for the quarter that 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 quarter that ended in Mar. 2024 was 0.40.

Sophia Genetics Change In Inventory Historical Data

The historical data trend for Sophia Genetics'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.

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Sophia Genetics Change In Inventory Chart

Sophia Genetics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.86

0.54

-2.34

-0.20

-0.87

Sophia Genetics Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial													0.88	-1.14	-0.06	-0.55	0.38

Sophia Genetics 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.37 Mil.

Sophia Genetics (NAS:SOPH) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	6.249	/	5.374	*	365 / 4
	=	106.11

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.374	/	6.249
	=	0.86

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.249	/	15.779
	=	0.40

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Sophia Genetics (Sophia Genetics) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sophia Genetics SA (NAS:SOPH) » Definitions » Change In Inventory

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90B:Germany

Address

Rue du Centre 172, Saint-Sulpice, CHE, CH-1025

Website

https://www.sophiagenetics.com

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.