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Marketwise (Marketwise) Inventory Turnover : 0.00 (As of Sep. 2021)


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What is Marketwise Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Marketwise's Cost of Goods Sold for the three months ended in Sep. 2021 was $62.0 Mil. Marketwise's Average Total Inventories for the quarter that ended in Sep. 2021 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Marketwise's Days Inventory for the three months ended in Sep. 2021 was 0.00.

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. Marketwise's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.00.


Marketwise Inventory Turnover Historical Data

The historical data trend for Marketwise's Inventory Turnover 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.

* Premium members only.

Marketwise Inventory Turnover Chart

Marketwise Annual Data
Trend Dec20
Inventory Turnover
-

Marketwise Quarterly Data
Feb20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Inventory Turnover Get a 7-Day Free Trial - - - - -

Marketwise Inventory Turnover Calculation

Marketwise's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: Dec. 2020 )) / count )
=0 / (( + 0) / 1 )
=0 / 0
=N/A

Marketwise's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover (Q: Sep. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2021 ) / ((Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count )
=62.024 / ((0 + 0) / 1 )
=62.024 / 0
=N/A

* 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.


Marketwise  (NAS:MKTW) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Marketwise's Days Inventory for the three months ended in Sep. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2021 )/Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=0/62.024*365 / 4
=0.00

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.

Marketwise's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=0 / 140.667
=0.00

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Marketwise Inventory Turnover Related Terms

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Marketwise (Marketwise) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1125 N. Charles Street, Baltimore, MD, USA, 21201
Marketwise Inc is a multi-brand subscription services platform providing premium financial research, software, education, and tools for investors. Its products are built for high-value financial research, education, actionable investment ideas, and investment software. It is a digital, direct-to-consumer company offering its research across a variety of platforms including mobile, desktops, and tablets.