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SQI Diagnostics (FRA:XSQ) Inventory-to-Revenue : 1.96 (As of Mar. 2023)


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What is SQI Diagnostics Inventory-to-Revenue?

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. SQI Diagnostics's Average Total Inventories for the quarter that ended in Mar. 2023 was €0.34 Mil. SQI Diagnostics's Revenue for the three months ended in Mar. 2023 was €0.17 Mil. SQI Diagnostics's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 1.96.

SQI Diagnostics's Inventory-to-Revenue for the quarter that ended in Mar. 2023 declined from Dec. 2022 (3.22) to Dec. 2022 (1.96)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SQI Diagnostics's Days Inventory for the three months ended in Mar. 2023 was 367.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. SQI Diagnostics's Inventory Turnover for the quarter that ended in Mar. 2023 was 0.25.


SQI Diagnostics Inventory-to-Revenue Historical Data

The historical data trend for SQI Diagnostics's Inventory-to-Revenue 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.

SQI Diagnostics Inventory-to-Revenue Chart

SQI Diagnostics Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.24 0.55 0.68 0.13

SQI Diagnostics Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Inventory-to-Revenue 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 0.23 1.29 1.18 3.22 1.96

Competitive Comparison of SQI Diagnostics's Inventory-to-Revenue

For the Diagnostics & Research subindustry, SQI Diagnostics's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


SQI Diagnostics's Inventory-to-Revenue Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, SQI Diagnostics's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where SQI Diagnostics's Inventory-to-Revenue falls into.



SQI Diagnostics Inventory-to-Revenue Calculation

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.

SQI Diagnostics's Inventory-to-Revenue for the fiscal year that ended in Sep. 2022 is calculated as

Inventory-to-Revenue (A: Sep. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Sep. 2021 ) + Total Inventories (A: Sep. 2022 )) / count ) / Revenue (A: Sep. 2022 )
=( (0.602 + 0.94) / 2 ) / 6.135
=0.771 / 6.135
=0.13

SQI Diagnostics's Inventory-to-Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue (Q: Mar. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Revenue (Q: Mar. 2023 )
=( (0.631 + 0.046) / 2 ) / 0.173
=0.3385 / 0.173
=1.96

* 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.


SQI Diagnostics  (FRA:XSQ) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

SQI Diagnostics's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=0.3385/0.084*365 / 4
=367.72

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

SQI Diagnostics's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2023 ) / Average Total Inventories (Q: Mar. 2023 )
=0.084 / 0.3385
=0.25

* 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.


SQI Diagnostics Inventory-to-Revenue Related Terms

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SQI Diagnostics (FRA:XSQ) Business Description

Traded in Other Exchanges
N/A
Address
36 Meteor Drive, Toronto, ON, CAN, M9W 1A4
SQI Diagnostics Inc is the leader in the field of lung health. The company develops and manufactures respiratory health and precision medicine tests that run on SQI's automated systems. The company is developing tests to simplify and improve COVID-19 antibody monitoring, rapid acute lung injury testing, donor organ transplant informatics, and immunological protein and antibody testing. Its geographical segments are the United States, Canada, and Europe. Canada accounts for more than half of its revenues.

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