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Guardant Health GH Inventory turnover

Inventory turnover at other companies

Illumina logo
IlluminaILMN
4.5×+2.3×
Quest Diagnostics logo
Quest DiagnosticsDGX
36.4×-0.5×
Agilent Technologies logo
Agilent TechnologiesA
3.3×+0.2×
Labcorp Holdings logo
Labcorp HoldingsLH
20.4×+0.7×
Abbott logo
AbbottABT
2.9×+0.1×
Fortive logo
FortiveFTV
4.1×+1.1×

Other financials

Income statement

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Revenue$301.7M+48.3%
Gross profit$196.7M+52.8%
Operating income-$121.4M-9.3%
Net income-$112.1M-17.8%
EPS (diluted)-$0.85-10.4%

Balance sheet

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Cash & equivalents$1.1B+37.0%
Total debt$1.7B+30.5%
Total equity-$181.1M+27.8%
Total assets$1.9B+42.5%

Cash flow

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Operating cash flow-$65.6M-4.7%
CapEx$5.6M+25.1%
Free cash flow-$71.2M-6.0%

Valuation

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Market cap$17.12B+130%
Enterprise value$17.72B+121%
P/S15.9×+6.3×

Profitability

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Gross margin64.9%+3.6pp
Operating margin-41.4%-9.4pp
Net margin-40.1%-8.1pp

Returns & leverage

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Return on equity-438.1%-1,655pp
Debt / equity
Current ratio4.7×+0.6×

Where this comes from

Calculated from Guardant Health’s reported figures.

Based on trailing twelve months.

The official record: Guardant Health’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Guardant Health's inventory turnover?
Guardant Health (GH) reported inventory turnover of 4.7× in Q1 2026.
How has Guardant Health's inventory turnover changed year-over-year?
Guardant Health's inventory turnover increased by 10.3% year-over-year, from 4.3× to 4.7×.
What does inventory turnover mean?
How many times a year the company sells through and restocks its inventory.
How do you interpret inventory turnover?
Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
How does inventory turnover compare across companies?
Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.