Days Inventory is also known as Days Sales of Inventory (DSI). Molekule Group's Average Total Inventories for the
three
months ended in Jun. 2023 was $29.56 Mil. Molekule Group's Cost of Goods Sold for the
three
months ended in Jun. 2023 was $8.76 Mil.
Hence, Molekule Group's Days Inventory for the
three
months ended in Jun. 2023 was 307.80.
The historical rank and industry rank for Molekule Group's Days Inventory or its related term are showing as below:
MKULQ'
s Days Inventory Range Over the Past 10 Years
Min: 342.91 Med: 2520.67 Max: 4345.78
Current: 342.91
During the past 4 years, Molekule Group's highest Days Inventory was 4345.78. The lowest was 342.91. And the median was 2520.67.
MKULQ's Days Inventory is ranked worse than 92.43% of 2905
companies
in the Industrial Products industry
Industry Median: 120.49
vs MKULQ: 342.91
Molekule Group's Days Inventory
declined
from Jun. 2022 (2,184.93) to Jun. 2023 (307.80).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Molekule Group's Inventory Turnover for the
three
months ended in Jun. 2023 was 0.30.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Molekule Group's Inventory-to-Revenue for the
three
months ended in Jun. 2023 was 2.23.
Molekule Group Days Inventory Historical Data
The historical data trend for Molekule Group's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Pollution & Treatment Controls subindustry, Molekule Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Molekule Group Days Inventory Distribution
For the Industrial Products industry and Industrials sector, Molekule Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Molekule Group's Days Inventory falls into.
Molekule Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Molekule Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Molekule Group (OTCPK:MKULQ) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Molekule Group's Inventory Turnover for the
three
months ended in Jun. 2023 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Molekule Group's Inventory to Revenue for the
three
months ended in Jun. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Molekule Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Molekule Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Molekule Group (Molekule Group) Business Description
Molekule Group Inc is an interior space air purification technology company with an immediate objective of initiating full-scale commercialization of its high-performance interior air sterilization and disinfection products for the eradication of coronavirus and other harmful airborne pathogens. The Company was established to develop technology-driven, medical-grade air purification solutions for hospitals and other healthcare settings. Its air hygiene product, Purgo, is an FD medical device that provides continuous air filtration, sanitization, and supplemental ventilation solutions with technology that can be applied in any indoor space including in hospitals, offices, and even in elevators.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MKULQ has been successfully added to your 