Biodesix Inc

NASDAQ BDSX

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Biodesix Inc Accounts Payable Turnover Ratio for the year ending December 31, 2023: 16.76

Biodesix Inc Accounts Payable Turnover Ratio is 16.76 for the year ending December 31, 2023, a -26.10% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues.
  • Biodesix Inc Accounts Payable Turnover Ratio for the year ending December 31, 2022 was 22.68, a -30.85% change year over year.
  • Biodesix Inc Accounts Payable Turnover Ratio for the year ending December 31, 2021 was 32.80, a 545.30% change year over year.
  • Biodesix Inc Accounts Payable Turnover Ratio for the year ending December 31, 2020 was 5.08, a -64.46% change year over year.
  • Biodesix Inc Accounts Payable Turnover Ratio for the year ending December 31, 2019 was 14.30, a -37.99% change year over year.
NASDAQ: BDSX

Biodesix Inc

CEO Mr. Scott Hutton
IPO Date Oct. 28, 2020
Location United States
Headquarters 2970 Wilderness Place, Boulder, CO, United States, 80301
Employees 217
Sector Healthcare
Industry Diagnostics & research
Description

Biodesix, Inc. operates as a data-driven diagnostic solutions company in the United States. The company offers blood-based lung tests, including Nodify XL2 and Nodify CDT tests, together marketed as part of Nodify Lung Nodule Risk Assessment testing strategy, to assess the risk of lung cancer and help in identifying the appropriate treatment pathway and help physicians in reclassifying risk of malignancy in patients with suspicious lung nodules. It also provides GeneStrat ddPCR and NGS, and VeriStrat tests, which are used in the diagnosis of lung cancer to measure the presence of mutations in the tumor and the state of the patient's immune system to establish the patient's prognosis and help guide treatment decisions. In addition, the company, through its partnership with Bio-Rad Laboratories, Inc., provides Bio-Rad SARS-CoV-2 ddPCR, a COVID-19 Test under Biodesix WorkSafe testing program; and Platelia SARS-CoV-2 Total Ab test, an antibody test for detecting a B-cell immune response to SARS-CoV-2 that indicate recent or prior infection. Further, it offers diagnostic and clinical research, as well as clinical trial testing services to biopharmaceutical companies; and discovers, develops, and commercializes companion diagnostics. The company was formerly known as Elston Technologies, Inc. and as changed to Biodesix, Inc. in 2006. Biodesix, Inc. was incorporated in 2005 and is headquartered in Louisville, Colorado.

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StockViz Staff

September 20, 2024

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