Singular Genomics Systems Inc (OMIC) Inventory Turnover Ratio, from third quarter 2024 to third quarter 2023, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Singular Genomics Systems Inc   (NASDAQ: OMIC)
 

Singular Genomics Systems Inc Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Singular Genomics Systems Inc inventory turnover ratio, the Singular Genomics Systems Inc 's ability to sell and replace its inventory in the third quarter 2024, sequentially increased to 0.31 in the third quarter 2024, a new company high. Average inventory processing period, for the Singular Genomics Systems Inc in Sep 30 2024 quarter, has decreased to 1177 days, compare to 1259 days, in the Jun 30 2024 quarter.

Within Healthcare sector 398 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2024, to 1482, from total ranking in the second quarter 2024 at 1880.

OMIC Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Singular Genomics Systems Inc Market Share?

What is Inventory Turnover Ratio?




OMIC Inventory Turnover Ratio (Sep 30 2024)
III. Quarter
(Jun 30 2024)
II. Quarter
(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
Y / Y Inventory Growth -7.53 % -13.32 % -23.77 % -25.51 % -19.64 %
Y / Y Cost of Sales Growth 34.16 % 53.27 % 6.69 % 94.93 % -
Inventory Turnover Ratio (TTM) 0.31 0.29 0.26 0.24 0.17
OMIC's Total Ranking # 1482 # 1880 # 1658 # 1686 # 1515
Average inventory processing period 1169 1248 1410 1539 2119
Seq. Inventory Growth -0.26 % -4.88 % -3.62 % 1.13 % -6.51 %
Seq. Cost of Sales Growth -22.73 % 6.27 % -44.02 % 191.84 % -11.73 %




Inventory Turnover Ratio Company Ranking
Within: No.
Laboratory Analytical Instruments Industry # 25
Healthcare Sector # 399
Overall Market # 1482

Inventory Turnover Ratio Statistics
High Average Low
0.31 0.2 0.06
(Sep 30 2024)   (Dec 31 2022)




Financial Statements
Singular Genomics Systems Inc 's Inventories $ 12 Millions Visit OMIC's Balance sheet
Singular Genomics Systems Inc 's Cost of Revenues TTM $ 4 Millions Visit OMIC's Income Statement
What are OMIC's Sales? Visit OMIC's Sales by Segment

Other Inventory Turnover Ratios
Singular Genomics Systems Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Laboratory Analytical Instruments Industry Inventory Turnover Trends and Statistics
Healthcare Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
OMIC's Inventory Turnover Ratio versus Laboratory Analytical Instruments Industry, Healthcare Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for OMIC's Competitors
Inventory Turnover Ratio for OMIC's Suppliers
Inventory Turnover Ratio for OMIC's Customers

You may also want to know
OMIC's Sales Growth Rates OMIC's Pe Price to earnings ratio OMIC's Receivables Turnover Ratio OMIC's Stock Quote
OMIC's Net Income Growth Rates OMIC's Ps Price to Sales ratio OMIC's Sales per Employee OMIC's Asset Turnover Ratio
OMIC's Net Margin OMIC's Pb Price to Book ratio OMIC's Financial Strength Ratios OMIC's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending Sep 30 2024, within Healthcare Sector Inventory Turnover Ratio Cost of revenues at quarter ending Sep 30 2024 Inventories at quarter ending Sep 30 2024
Creative Medical Technology Holdings Inc   0.88 $ 0.004  Millions$ 0  Millions
Insmed Inc  0.88 $ 78.034  Millions$ 89  Millions
Heron Therapeutics Inc   0.85 $ 36.988  Millions$ 43  Millions
Solana Company  0.85 $ 0.518  Millions$ 1  Millions
Delcath Systems Inc   0.85 $ 4.233  Millions$ 5  Millions
Xeris Biopharma Holdings Inc   0.83 $ 34.924  Millions$ 42  Millions
Tonix Pharmaceuticals Holding Corp   0.83 $ 8.949  Millions$ 11  Millions
Neurocrine Biosciences Inc   0.81 $ 33.200  Millions$ 41  Millions
Reflect Scientific Inc  0.81 $ 0.715  Millions$ 1  Millions
Innoviva Inc   0.79 $ 29.433  Millions$ 37  Millions
Universal Biosensors Inc   0.79 $ 3.482  Millions$ 4  Millions
Reshape Lifesciences Inc  0.78 $ 2.603  Millions$ 3  Millions
Milestone Scientific Inc   0.77 $ 2.429  Millions$ 3  Millions
Rapid Micro Biosystems Inc   0.77 $ 16.004  Millions$ 21  Millions
Durect Corp  0.77 $ 1.816  Millions$ 2  Millions
Catheter Precision Inc   0.75 $ 0.038  Millions$ 0  Millions
Dynavax Technologies Corporation  0.75 $ 44.724  Millions$ 60  Millions
Gyre Therapeutics Inc   0.75 $ 3.957  Millions$ 5  Millions
Establishment Labs Holdings Inc   0.74 $ 52.555  Millions$ 71  Millions
Petros Pharmaceuticals inc   0.74 $ 1.106  Millions$ 2  Millions
Supernus Pharmaceuticals inc   0.73 $ 51.808  Millions$ 71  Millions
Optinose Inc   0.72 $ 7.408  Millions$ 10  Millions
Aurinia Pharmaceuticals Inc   0.72 $ 28.091  Millions$ 39  Millions
Butterfly Network Inc   0.71 $ 52.613  Millions$ 74  Millions
Paragon 28 inc   0.71 $ 67.236  Millions$ 94  Millions
Scpharmaceuticals Inc   0.71 $ 9.169  Millions$ 13  Millions
Emmaus Life Sciences Inc   0.67 $ 1.083  Millions$ 2  Millions
Hyperfine Inc   0.66 $ 4.652  Millions$ 7  Millions
Vycor Medical Inc   0.65 $ 0.141  Millions$ 0  Millions
Blueprint Medicines Corporation  0.65 $ 12.976  Millions$ 20  Millions

Date modified: 2026-08-29T17:43:39+00:00




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