BackSorrento Therapeutics Overview

Sorrento Therapeutics Inventory

Sorrento Therapeutics's inventory is $9.7M.

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Inventory
$9.65M
53.37% YoYΔ $-11.05M vs prior year quarter

Peer average

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Sorrento Therapeutics Inventory History

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Sorrento Therapeutics vs. peers: Inventory Comparison

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Sorrento Therapeutics Inventory Growth (YoY per quarter)

Latest change versus the prior comparable period (same company).

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Sorrento Therapeutics (SRNE) FAQ

Sorrento Therapeutics's inventory stands at $9.7M as of June 2023. That compares with $21M in the prior-year period — down 53.4% year over year. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Sorrento Therapeutics reported $9.7M in inventory versus $21M a year earlier — a 53.4% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

That compares with $21M in the prior-year period — down 53.4% year over year. Sustained growth in inventory can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how Sorrento Therapeutics's inventory evolved across reporting periods, while the comparison chart places SRNE next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.

Yes — within Healthcare, inventory is commonly used to spot outliers. Sorrento Therapeutics's reading of $9.7M is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.