Exagen Inc

NASDAQ XGN

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Exagen Inc Days Inventory Outstanding (DIO) 2 year CAGR for the year ending December 31, 2023: 53.17%

Exagen Inc Days Inventory Outstanding (DIO) 2 year CAGR is 53.17% for the year ending December 31, 2023, a 5,141.87% change year over year. The days inventory outstanding ratio measures the average number of days it takes for a company to sell its inventory. It is calculated by dividing inventory by the cost of revenue and then multiplying by 365. This ratio indicates the average number of days inventory is held before being sold. A lower number of days suggests faster inventory turnover and efficient inventory management. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Exagen Inc Days Inventory Outstanding (DIO) for the year ending December 31, 2022 was 27.06, a 39.89% change year over year.
  • Exagen Inc Days Inventory Outstanding (DIO) for the year ending December 31, 2021 was 19.34, a -27.06% change year over year.
  • Exagen Inc Days Inventory Outstanding (DIO) for the year ending December 31, 2020 was 26.52, a -4.25% change year over year.
  • Exagen Inc Days Inventory Outstanding (DIO) for the year ending December 31, 2019 was 27.69, a 14.17% change year over year.
NASDAQ: XGN

Exagen Inc

CEO Mr. Kamal Adawi M.S., MBA
IPO Date Sept. 19, 2019
Location United States
Headquarters 1261 Liberty Way, Vista, CA, United States, 92081
Employees 174
Sector Healthcare
Industry Diagnostics & research
Description

Exagen Inc. develops and commercializes various testing products under the AVISE brand in the United States. The company enables healthcare providers to care for patients through the diagnosis, prognosis, and monitoring of autoimmune and autoimmune-related diseases, including systemic lupus erythematosus (SLE) and rheumatoid arthritis (RA). Its lead testing product is AVISE CTD that enables differential diagnosis for patients presenting with symptoms indicative of various connective tissue diseases (CTDs) and other related diseases with overlapping symptoms. The company offers AVISE Lupus that measures activation of the complement system by quantifying the level of B-cell C4d and erythrocyte bound C4d in the patient's blood; and AVISE APS, which consists of a panel of autoantibody tests that aids in the diagnosis and management of APS. In addition, it provides AVISE Vasculitis AAV, which utilizes a testing panel of individual analytes to provide physicians with results in the assessment and monitoring of anti-neutrophil cytoplasmic antibody associated vasculitis; AVISE SLE Prognostic, a panel of autoantibodies for assessing the potential for complications affecting the kidney, brain, and cardiovascular system; and AVISE Anti-CarP test, which identifies RA patients with severe disease. Further, the company offers AVISE SLE Monitor, a biomarker blood test; AVISE MTX, a patented and validated blood test; and AVISE HCQ, a blood test to monitor levels of hydroxychloroquine. It has a research collaboration and license agreement with Allegheny Health Network (AHN) Research Institute to develop novel patented biomarkers. The company was formerly known as Exagen Diagnostics, Inc. and changed its name to Exagen Inc. in January 2019. Exagen Inc. was incorporated in 2002 and is headquartered in Vista, California.

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StockViz Staff

September 20, 2024

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