Fulgent Genetics (STU:7F0) Days Inventory : 17.00 (As of Dec. 2024)

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What is Fulgent Genetics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fulgent Genetics's Average Total Inventories for the three months ended in Dec. 2024 was €7.9 Mil. Fulgent Genetics's Cost of Goods Sold for the three months ended in Dec. 2024 was €42.4 Mil. Hence, Fulgent Genetics's Days Inventory for the three months ended in Dec. 2024 was 17.00.

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

STU:7F0' s Days Inventory Range Over the Past 10 Years
Min: 7.65 Med: 12.33 Max: 34.07
Current: 15.07

During the past 11 years, Fulgent Genetics's highest Days Inventory was 34.07. The lowest was 7.65. And the median was 12.33.

STU:7F0's Days Inventory is ranked better than
90.81% of 185 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.66 vs STU:7F0: 15.07

Fulgent Genetics's Days Inventory increased from Dec. 2023 (10.89) to Dec. 2024 (17.00). It might indicate that Fulgent Genetics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fulgent Genetics's Inventory Turnover for the three months ended in Dec. 2024 was 5.37.

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. Fulgent Genetics's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.11.

Fulgent Genetics Days Inventory Historical Data

The historical data trend for Fulgent 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.

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Fulgent Genetics Days Inventory Chart

Fulgent Genetics Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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34.13

23.30

11.38

10.11

14.47

Fulgent Genetics Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															10.89	13.28	13.82	16.11	17.00

Competitive Comparison of Fulgent Genetics's Days Inventory

For the Diagnostics & Research subindustry, Fulgent 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.

Fulgent Genetics's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Fulgent Genetics's Days Inventory distribution charts can be found below:

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

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Fulgent Genetics Days Inventory Calculation

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

Fulgent Genetics's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (5.343	+	8.007)	/	2 )	/	168.324	*	365
=	6.675					/	168.324	*	365
=	14.47

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

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (7.777	+	8.007)	/	2 )	/	42.368	*	365 / 4
=	7.892					/	42.368	*	365 / 4
=	17.00

Fulgent Genetics (STU:7F0) 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.

Fulgent Genetics's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	42.368	/	7.892
	=	5.37

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.

Fulgent Genetics's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.892	/	72.784
	=	0.11

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.

Fulgent Genetics Days Inventory Related Terms

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Fulgent Genetics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Fulgent Genetics Inc (STU:7F0) » Definitions » Days Inventory

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Address

4399 Santa Anita Avenue, El Monte, CA, USA, 91731

Website

https://www.fulgentgenetics.com

Fulgent Genetics Inc is a technology company that focuses on genetic testing to provide physicians with clinically actionable diagnostic information. The company is engaged in laboratory services business and a therapeutic development business. The laboratory services business which generates key revenue includes, technical laboratory services and professional interpretation of laboratory results by licensed physicians. Its therapeutic development business is focused on developing drug candidates for treating a broad range of cancers. The geographical segments are the United States, which generates the vast majority of the revenue; and Foreign.

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