Quanterix Inventory Turnover from 2010 to 2024

QTRX Stock  USD 12.42  0.67  5.70%   
Quanterix Corp Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover is likely to outpace its year average in 2024. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
2.31263134
Current Value
4.06
Quarterly Volatility
1.81800463
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quanterix Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quanterix Corp's main balance sheet or income statement drivers, such as Interest Income of 634.1 K, Depreciation And Amortization of 8.8 M or Interest Expense of 16.6 M, as well as many indicators such as Price To Sales Ratio of 15.15, Dividend Yield of 0.0 or PTB Ratio of 3.4. Quanterix financial statements analysis is a perfect complement when working with Quanterix Corp Valuation or Volatility modules.
  
Check out the analysis of Quanterix Corp Correlation against competitors.
For more information on how to buy Quanterix Stock please use our How to Invest in Quanterix Corp guide.

Latest Quanterix Corp's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Quanterix Corp over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Quanterix Corp's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Quanterix Corp's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Quanterix Inventory Turnover Regression Statistics

Arithmetic Mean4.64
Geometric Mean4.28
Coefficient Of Variation39.21
Mean Deviation1.69
Median4.06
Standard Deviation1.82
Sample Variance3.31
Range4.2516
R-Value(0.84)
Mean Square Error1.06
R-Squared0.70
Significance0.000098
Slope(0.34)
Total Sum of Squares46.27

Quanterix Inventory Turnover History

2024 4.06
2023 2.31
2022 3.5
2021 2.2
2020 2.57
2019 2.86
2018 3.3

About Quanterix Corp Financial Statements

Quanterix Corp investors use historical fundamental indicators, such as Quanterix Corp's Inventory Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Quanterix Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 2.31  4.06 

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Additional Tools for Quanterix Stock Analysis

When running Quanterix Corp's price analysis, check to measure Quanterix Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quanterix Corp is operating at the current time. Most of Quanterix Corp's value examination focuses on studying past and present price action to predict the probability of Quanterix Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quanterix Corp's price. Additionally, you may evaluate how the addition of Quanterix Corp to your portfolios can decrease your overall portfolio volatility.