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Turning Point Therapeutics Inventory Turnover

: 0.00 (As of Mar. 2021)
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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. Turning Point Therapeutics's Cost of Goods Sold for the three months ended in Mar. 2021 was $0.00 Mil. Turning Point Therapeutics's Total Inventories for the quarter that ended in Mar. 2021 was $0.00 Mil.

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

Total Inventories can be measured by Days Sales of Inventory (DSI). Turning Point Therapeutics's days sales of inventory (DSI) for the three months ended in Mar. 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. Turning Point Therapeutics's Inventory-to-Revenue for the quarter that ended in Mar. 2021 was 0.00.


Turning Point Therapeutics Inventory Turnover Historical Data

* 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.

Turning Point Therapeutics Annual Data
Dec17 Dec18 Dec19 Dec20
Inventory Turnover - - - -

Turning Point Therapeutics Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Inventory Turnover Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Turning Point Therapeutics Inventory Turnover Calculation

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

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Turning Point Therapeutics's Inventory Turnover for the quarter that ended in Mar. 2021 is calculated as

Inventory Turnover (Q: Mar. 2021 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (Q: Mar. 2021 ) / ((Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Mar. 2021 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 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.


Turning Point Therapeutics  (NAS:TPTX) 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.

Turning Point Therapeutics's Days Inventory for the three months ended in Mar. 2021 is calculated as:

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

2. Total Inventories can be measured by Days Sales of Inventory (DSI).

Turning Point Therapeutics's Days Sales of Inventory for the three months ended in Mar. 2021 is calculated as:

Days Sales of Inventory (DSI)=Total Inventories (Q: Mar. 2021 )/Revenue (Q: Mar. 2021 )*Days in Period
=0/25.205*365 / 4
=0.00

3. 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.

Turning Point Therapeutics's Inventory to Revenue for the quarter that ended in Mar. 2021 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=0 / 25.205
=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.


Turning Point Therapeutics Inventory Turnover Related Terms


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