KVMD (Kelvin Medical) Inventory Turnover: 0.00 (As of Mar. 2018)


What is Kelvin Medical Inventory Turnover?

Kelvin Medical KVMD Inventory Turnover is 0.00 as of Mar. 2018.

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. Kelvin Medical's Cost of Goods Sold for the three months ended in Mar. 2018 was $0.00 Mil. Kelvin Medical's Average Total Inventories for the quarter that ended in Mar. 2018 was $0.00 Mil.

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

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.

Kelvin Medical  (OTCPK:KVMD) 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.

Kelvin Medical's Days Inventory for the three months ended in Mar. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2018 )/Cost of Goods Sold (Q: Mar. 2018 )*Days in Period
=0/0*365 / 4
=

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.

Kelvin Medical's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2018 ) / Revenue (Q: Mar. 2018 )
=0 / 0
=

* 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.

Kelvin Medical Inventory Turnover Related Terms

Kelvin Medical Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Kelvin Medical'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.

Kelvin Medical Inventory Turnover Chart

Kelvin Medical Annual Data
Trend Jun16 Jun17
Inventory Turnover
0.00 0.00

Kelvin Medical Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Inventory Turnover Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Kelvin Medical Inventory Turnover Calculation

Kelvin Medical's Inventory Turnover for the fiscal year that ended in Jun. 2017 is calculated as

Inventory Turnover (A: Jun. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2017 ) / ((Total Inventories (A: Jun. 2016 ) + Total Inventories (A: Jun. 2017 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Kelvin Medical's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as

Inventory Turnover (Q: Mar. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2018 ) / ((Total Inventories (Q: Dec. 2017 ) + Total Inventories (Q: Mar. 2018 )) / 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Kelvin Medical (KVMD) has a Inventory Turnover of 0.00 as of Mar. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kelvin Medical and its competitors.
Is Kelvin Medical's Inventory Turnover too high?
Kelvin Medical's current Inventory Turnover is 0.00.
How does Kelvin Medical's Inventory Turnover compare to XTNT and ACRX?
Kelvin Medical's Inventory Turnover of 0.00 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Medical Devices & Instruments company?
A good Inventory Turnover depends on the Medical Devices & Instruments industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kelvin Medical and its competitors. Kelvin Medical's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelvin Medical stock overvalued right now?
Kelvin Medical (KVMD) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Kelvin Medical (KVMD), the current Inventory Turnover is 0.00 as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kelvin Medical Business Description

Address 10930 Skyranch Place, Nevada, CA, USA, 95959
Kelvin Medical Inc is a consumer medical device company. It is engaged in the development, production, and sale of medical devices. The company intends to serve the healthcare services companies who specialize in the distribution of medical products, pharmacies, representatives and sporting goods stores. The company has developed the Therm-N-Ice is a wearable consumer medical device.