The historical rank and industry rank for Twist Bioscience's Days Inventory or its related term are showing as below:
TWST'
s Days Inventory Range Over the Past 10 Years
Min: 23.21 Med: 54.86 Max: 108.75
Current: 72.3
During the past 8 years, Twist Bioscience's highest Days Inventory was 108.75. The lowest was 23.21. And the median was 54.86.
TWST's Days Inventory is ranked worse than 53.68% of 190
companies
in the Medical Diagnostics & Research industry
Industry Median: 66.175
vs TWST: 72.30
Twist Bioscience's Days Inventory
declined
from Mar. 2023 (92.54) to Mar. 2024 (62.90).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Twist Bioscience's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.45.
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.
Twist Bioscience's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.41.
Twist Bioscience Days Inventory Historical Data
The historical data trend for Twist Bioscience'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.
Competitive Comparison of Twist Bioscience's Days Inventory
For the Diagnostics & Research subindustry, Twist Bioscience'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.
Twist Bioscience's Days Inventory Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Twist Bioscience's Days Inventory distribution charts can be found below:
* The bar in red indicates where Twist Bioscience's Days Inventory falls into.
Twist Bioscience Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Twist Bioscience's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
Twist Bioscience (NAS:TWST) 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.
Twist Bioscience's Inventory Turnover for the
three
months ended in Mar. 2024 is calculated as
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.
Twist Bioscience's Inventory to Revenue for the
three
months ended in Mar. 2024 is calculated as
* 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.
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.
Twist Bioscience Days Inventory Related Terms
Thank you for viewing the detailed overview of Twist Bioscience's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Twist Bioscience (Twist Bioscience) Business Description
Twist Bioscience Corp is a synthetic biology company. It develops a disruptive DNA synthesis platform to industrialize the engineering of biology. The company's DNA synthesis platform utilizes a proprietary semiconductor-based synthetic DNA manufacturing process that synthesizes DNA on silicon instead of on traditional well-plastic plates to enable the production of high-quality synthetic DNA faster and affordable as well as overcomes inefficiencies and powers cost-effective, rapid high-throughput synthesis, enabling researchers to rapidly realize opportunities ahead. Geographically, it derives a majority of its revenue from the United States.
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