Quantum-Si (Quantum-Si) Days Inventory : 2,157.72 (As of Mar. 2024)

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What is Quantum-Si Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Quantum-Si's Average Total Inventories for the three months ended in Mar. 2024 was $4.45 Mil. Quantum-Si's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.19 Mil. Hence, Quantum-Si's Days Inventory for the three months ended in Mar. 2024 was 2,157.72.

The historical rank and industry rank for Quantum-Si's Days Inventory or its related term are showing as below:

QSI' s Days Inventory Range Over the Past 10 Years
Min: 1668.48 Med: 2424.12 Max: 2424.12
Current: 1668.48

During the past 5 years, Quantum-Si's highest Days Inventory was 2424.12. The lowest was 1668.48. And the median was 2424.12.

QSI's Days Inventory is ranked worse than
94.49% of 653 companies
in the Biotechnology industry
Industry Median: 190.92 vs QSI: 1668.48

Quantum-Si's Days Inventory increased from Mar. 2023 (1,198.88) to Mar. 2024 (2,157.72). It might indicate that Quantum-Si's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Quantum-Si's Inventory Turnover for the three months ended in Mar. 2024 was 0.04.

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. Quantum-Si's Inventory-to-Revenue for the three months ended in Mar. 2024 was 9.73.

Quantum-Si Days Inventory Historical Data

The historical data trend for Quantum-Si'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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Quantum-Si Days Inventory Chart

Quantum-Si Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

2,424.12

Quantum-Si Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial												1,198.88	1,324.20	1,707.17	1,288.60	2,157.72

Competitive Comparison of Quantum-Si's Days Inventory

For the Biotechnology subindustry, Quantum-Si'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.

Quantum-Si's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Quantum-Si's Days Inventory distribution charts can be found below:

* The bar in red indicates where Quantum-Si's Days Inventory falls into.

Quantum-Si Days Inventory Calculation

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

Quantum-Si's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	3.945)	/	1 )	/	0.594	*	365
=	3.945					/	0.594	*	365
=	2,424.12

Quantum-Si's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3.945	+	4.946)	/	2 )	/	0.188	*	365 / 4
=	4.4455					/	0.188	*	365 / 4
=	2,157.72

Quantum-Si (NAS:QSI) 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.

Quantum-Si's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.188	/	4.4455
	=	0.04

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.

Quantum-Si's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.4455	/	0.457
	=	9.73

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.

Quantum-Si Days Inventory Related Terms

Thank you for viewing the detailed overview of Quantum-Si's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Quantum-Si (Quantum-Si) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Quantum-Si Inc (NAS:QSI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

530 Old Whitfield Street, Guilford, CT, USA

Website

https://www.quantum-si.com

Quantum-Si Inc is focused on revolutionizing the growing field of proteomics. The company's suite of technologies is powered by a first-of-its-kind semiconductor chip designed to enable single-molecule next-generation protein sequencing and genomics, and digitize proteomic research in order to advance drug discovery and diagnostics beyond DNA sequencing.

Executives

Amir Jafri	director	C/O QUANTUM-SI INCORPORATED, 29 BUSINESS PARK DR., BRANFORD CT 06405
John P. Kenny	director	3471 RIVER HILLS DRIVE, CINCINNATI OH 45244
Jeffry R. Keyes	officer: Chief Financial Officer	13950 STOWE DRIVE, POWAY CA 92064-8803
Scott Mendel	director	5964 LA PLACE COURT, ADDRESS 2, CARLSBAD CA 92008
Christian Lapointe	officer: General Counsel & Corp. Secr.	C/O QUANTUM-SI INCORPORATED, 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Grace Johnston	officer: Chief Commercial Officer	C/O QUANTUM-SI INCORPORATED, 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Kevin Rakin	director, officer: Chairman and CEO	36 CHURCH LANE, WESTPORT CT 06880
Jeffrey Alan Hawkins	director, officer: Chief Executive Officer	5964 LA PLACE COURT, CARLSBAD CA 92008
Vikram Bajaj	director	600 MONTGOMERY STREET, SUITE 4500, SAN FRANCISCO CA 94111
Jonathan M Rothberg	director, 10 percent owner	C/O BUTTERFLY NETWORK, INC., 530 OLD WHITFIELD ST., GUILFORD CT 06437
Matthew Dyer	officer: Chief Business Officer	C/O QUANTUM-SI INCORPORATED, 530 OLD WHITFIELD STREET, GUILFORD CT 06437
Michael P Mckenna	officer: President and COO	C/O CURAGEN CORP, 555 LONG WHARF DR. 11TH FL., NEW HAVEN CT 06511
Patrick Schneider	officer: President and COO	C/O QUANTUM-SI INCORPORATED, 530 OLD WHITFIELD STREET, GUILFORD CT 06437
John Viii Stark	director, officer: Chief Executive Officer	C/O QUANTUM-SI INCORPORATED, 530 OLD WHITFIELD STREET, GUILFORD CT 06437
2012 Jmr Trust Common Llc	10 percent owner	C/O QUANTUM-SI INCORPORATED, 530 OLD WHITFIELD STREET, GUILFORD CT 06437