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Inventory turnover at other companies

Guardant Health logo
Guardant HealthGH
4.7×+0.4×
GeneDx Holdings logo
GeneDx HoldingsWGS
10.8×+1.4×
Danaher logo
DanaherDHR
+0.3×
Agilent Technologies logo
Agilent TechnologiesA
3.3×+0.2×
Quest Diagnostics logo
Quest DiagnosticsDGX
36.4×-0.5×
Nektar Therapeutics logo
Nektar TherapeuticsNKTR
2.2×+0.8×

Other financials

Income statement

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Revenue$70.9M+35.1%
Gross profit$52.2M+47.1%
Operating income-$19.2M+35.1%
Net income-$20.0M+32.9%
EPS (diluted)-$0.13+35.0%

Balance sheet

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Cash & equivalents$77.6M+53.2%
Total debt$208.2M-5.6%
Total equity$216.3M+13.6%
Total assets$505.9M-1.0%

Cash flow

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Operating cash flow-$9.5M+66.5%
CapEx$796.0K-36.8%
Free cash flow-$10.3M+65.3%

Valuation

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Market cap$2.76B+93.6%
Enterprise value$2.89B+78.0%
P/S9.3×+1.8×

Profitability

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Gross margin75.3%+12.7pp
Operating margin-15.8%-7.0pp
Net margin-16.8%-7.3pp
FCF margin-10.5%-4.6pp

Returns & leverage

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Return on equity-24.4%-9.2pp
Debt / equity-0.2×
Current ratio3.4×+0.4×

Where this comes from

Calculated from Adaptive Biotechnologies’s reported figures.

Based on trailing twelve months.

The official record: Adaptive Biotechnologies’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Adaptive Biotechnologies's inventory turnover?
Adaptive Biotechnologies (ADPT) reported inventory turnover of 7.3× in Q1 2026.
How has Adaptive Biotechnologies's inventory turnover changed year-over-year?
Adaptive Biotechnologies's inventory turnover increased by 13.7% year-over-year, from 6.5× to 7.3×.
What is the long-term trend for Adaptive Biotechnologies's inventory turnover?
Over 5 years (2020 to 2025), Adaptive Biotechnologies's inventory turnover has grown at a 32.0% compound annual growth rate (CAGR), from 1.9× to 7.8×.
What does inventory turnover mean?
Trailing-twelve-month cost of revenue divided by average inventory. Measures how many times inventory is sold and replaced over the year.