The historical rank and industry rank for Response Genetics's Days Inventory or its related term are showing as below:
RGDXQ's Days Inventory is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 72.3 * Ranked among companies with meaningful Days Inventory only.
Response Genetics's Days Inventory
increased
from Mar. 2014 (0.00) to Mar. 2015 (11.04).
It might indicate that Response Genetics's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Response Genetics's Inventory Turnover for the
three
months ended in Mar. 2015 was 8.27.
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.
Response Genetics's Inventory-to-Revenue for the
three
months ended in Mar. 2015 was 0.07.
Response Genetics Days Inventory Historical Data
The historical data trend for Response 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.
Competitive Comparison of Response Genetics's Days Inventory
For the Diagnostics & Research subindustry, Response 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.
Response Genetics's Days Inventory Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Response Genetics's Days Inventory distribution charts can be found below:
* The bar in red indicates where Response Genetics's Days Inventory falls into.
Response Genetics Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Response Genetics's Days Inventory for the fiscal year that ended in Dec. 2015 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.
Response Genetics (OTCPK:RGDXQ) 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.
Response Genetics's Inventory Turnover for the
three
months ended in Mar. 2015 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.
Response Genetics's Inventory to Revenue for the
three
months ended in Mar. 2015 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.
Response Genetics Days Inventory Related Terms
Thank you for viewing the detailed overview of Response Genetics's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Response Genetics (Response Genetics) Business Description
Response Genetics Inc develops and sells diagnostic tests. It provides molecular- and biomarker-based tests and services which enables physicians to personalize the clinical management of each individual patient by providing genomic information to diagnose, monitor and inform cancer treatment. The group generates revenue from providing Biopharma Services, Clinical Services, and Discovery Services, of which majority of the revenue is derived from providing Biopharma Services. Biopharma services provide companies with customized solutions for patient stratification and treatment selection through molecular- and biomarker-based testing services, customized assay development and trial design consultation. The firm operates in the US and internationally and generates prime revenue from the US.
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