What is Myriad Genetics's inventory turnover?

Myriad Genetics (MYGN) reported inventory turnover of 8.9× in Q1 2026.

How has Myriad Genetics's inventory turnover changed year-over-year?

Myriad Genetics's inventory turnover decreased by 6.0% year-over-year, from 9.4× to 8.9×.

What is the long-term trend for Myriad Genetics's inventory turnover?

Over 3 years (2022 to 2025), Myriad Genetics's inventory turnover has grown at a -9.2% compound annual growth rate (CAGR), from 11.4× to 8.5×.

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.

Myriad Genetics MYGN Inventory turnover

Inventory turnover at other companies

Labcorp HoldingsLH

20.4×+0.7×

Quest DiagnosticsDGX

36.4×-0.5×

NeoGenomicsNEO

14.2×-0.7×

Guardant HealthGH

4.7×+0.4×

GeneDx HoldingsWGS

10.8×+1.4×

BillionToOne, Inc. BLLN

9.3×—

Other financials

Income statement

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Revenue$200.4M+2.3%

Gross profit$137.6M+2.5%

Operating income-$30.7M-5.9%

Net income-$34.1M-34,000%

EPS (diluted)-$0.36—

Balance sheet

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Cash & equivalents$126.0M+24.8%

Total debt$211.5M+34.2%

Total equity$337.4M-52.1%

Total assets$673.7M-33.0%

Cash flow

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Operating cash flow-$15.7M+3.7%

CapEx$18.8M+181%

Free cash flow-$19.7M+65.1%

Valuation

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Market cap$512.85M+13.1%

Enterprise value$598.35M+17.3%

P/S0.6×+0.1×

Profitability

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Gross margin70%0.0pp

Operating margin-46.9%-88.3pp

Net margin-48.2%-72.9pp

FCF margin-17%—

Returns & leverage

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Return on equity-76.7%-98.4pp

Debt / equity0.6×+0.4×

Current ratio2.4×+0.5×

Where this comes from

Calculated from Myriad Genetics’s reported figures.

total cost of revenue/inventories=8.9×

Based on trailing twelve months.

The official record: Myriad Genetics’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Myriad Genetics's inventory turnover?: Myriad Genetics (MYGN) reported inventory turnover of 8.9× in Q1 2026.
How has Myriad Genetics's inventory turnover changed year-over-year?: Myriad Genetics's inventory turnover decreased by 6.0% year-over-year, from 9.4× to 8.9×.
What is the long-term trend for Myriad Genetics's inventory turnover?: Over 3 years (2022 to 2025), Myriad Genetics's inventory turnover has grown at a -9.2% compound annual growth rate (CAGR), from 11.4× to 8.5×.
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.