Co-Diagnostics (CODX) Inventory (2017 - 2026)
Co-Diagnostics' Inventory was $672,950 in Q3 2026, down 38.3% from $1.09 million a year earlier and down 20.0% from the prior quarter.
Analysis
Co-Diagnostics (CODX) Inventory (2017 - 2026) Analysis & Trends
At the end of FY2025, Inventory at Co-Diagnostics came in at $992,397, down 7.5% from FY2024.
- Inventory has now declined for three consecutive years, with a five-year compound annual growth rate of -34.1% (FY2020 to FY2025).
- In earlier years, Inventory was $1.07 million in FY2024 (-35.6%), $1.66 million in FY2023 (-68.7%), $5.31 million in FY2022 (+165.0%) and $2 million in FY2021 (-74.9%).
- The Q3 2026 figure marks the lowest quarterly Inventory since Q4 2019.
- Compared with a year earlier, Inventory has declined for 14 straight quarters, with an average decline of 24.4% over the last eight quarters.
- The best year-over-year quarter for Inventory over five years was Q4 2022 (growth of 165.0%); the worst was Q4 2021 (a decline of 74.9%).
- Per Business Quant data, CODX's Inventory in the three quarters before Q3 2026 was $841,669 (Q2 2026), $846,119 (Q1 2026) and $992,397 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 5.64 Bn |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 7.34 Bn |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 3.13 Bn |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 2.13 Bn |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 6.22 Bn |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 5.75 Bn |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 3.32 Bn |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 1.16 Bn |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 4.81 Bn |
| 10 | Co-Diagnostics | 1.90 Mn | -22.58 Mn | -20,463.00 | 672,950.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 672,950.00 |
| Jun 30, 2026 | 841,669.00 |
| Mar 31, 2026 | 846,119.00 |
| Dec 31, 2025 | 992,397.00 |
| Sep 30, 2025 | 1.09 Mn |
| Jun 30, 2025 | 1.08 Mn |
| Mar 31, 2025 | 1.08 Mn |
| Dec 31, 2024 | 1.07 Mn |
| Sep 30, 2024 | 1.27 Mn |
| Jun 30, 2024 | 1.46 Mn |
| Mar 31, 2024 | 1.55 Mn |
| Dec 31, 2023 | 1.66 Mn |
| Sep 30, 2023 | 4.52 Mn |
| Jun 30, 2023 | 4.69 Mn |
| Mar 31, 2023 | 5.29 Mn |
| Dec 31, 2022 | 5.31 Mn |
| Sep 30, 2022 | 5.44 Mn |
| Jun 30, 2022 | 4.71 Mn |
| Mar 31, 2022 | 4.90 Mn |
| Dec 31, 2021 | 2.00 Mn |
API Access
Co-Diagnostics Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=CODX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "CODX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=CODX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();