MDNC (Medinotec) Inventory Turnover: 0.79 (As of Feb. 2026)


MDNC Medinotec Inc MDNC
24 GF Score
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! 2 Warning Signs
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What is Medinotec Inventory Turnover?

Medinotec MDNC 24 Inventory Turnover is 0.79 as of Feb. 2026. GuruFocus rates MDNC with a GF Score™ of 24/100. The stock has 2 warning signs investors should review.

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. Medinotec's Cost of Goods Sold for the three months ended in Feb. 2026 was $0.97 Mil. Medinotec's Average Total Inventories for the quarter that ended in Feb. 2026 was $1.22 Mil. Medinotec's Inventory Turnover for the quarter that ended in Feb. 2026 was 0.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Medinotec's Days Inventory for the three months ended in Feb. 2026 was 115.55.

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. Medinotec's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.67.

Medinotec  (OTCPK:MDNC) 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.

Medinotec's Days Inventory for the three months ended in Feb. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2026 )/Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=1.2245/0.967*365 / 4
=115.55

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.

Medinotec's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=1.2245 / 1.822
=0.67

* 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.

Medinotec Inventory Turnover Related Terms

Medinotec Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Medinotec'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.

Medinotec Inventory Turnover Chart

Medinotec Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Inventory Turnover
0.00 1.05 4.24 4.64 4.14

Medinotec Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Inventory Turnover Get a 7-Day Free Trial 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 Premium Member Only 1.10 1.26 1.28 1.08 0.79
MDNC
24GF Score
Medinotec Inc MDNC
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Medinotec Inventory Turnover Calculation

Medinotec's Inventory Turnover for the fiscal year that ended in Feb. 2026 is calculated as

Inventory Turnover (A: Feb. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2026 ) / ((Total Inventories (A: Feb. 2025 ) + Total Inventories (A: Feb. 2026 )) / count )
=4.601 / ((0.988 + 1.236) / 2 )
=4.601 / 1.112
=4.14

Medinotec's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

Inventory Turnover (Q: Feb. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2026 ) / ((Total Inventories (Q: Nov. 2025 ) + Total Inventories (Q: Feb. 2026 )) / count )
=0.967 / ((1.213 + 1.236) / 2 )
=0.967 / 1.2245
=0.79

* 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 0.79 mean?
Medinotec (MDNC) has a Inventory Turnover of 0.79 as of Feb. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Medinotec and its competitors.
Is Medinotec's Inventory Turnover too high?
Medinotec's current Inventory Turnover is 0.79. Overall, Medinotec has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Medinotec's Inventory Turnover compare to NVNO and APYX?
Medinotec's Inventory Turnover of 0.79 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 Medinotec and its competitors. Medinotec's current Inventory Turnover is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medinotec stock overvalued right now?
Medinotec (MDNC) has a current Inventory Turnover of 0.79. The current Inventory Turnover is 0.79. Medinotec's overall GF Score™ is 24/100 with 2 warning signs to review. 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 Medinotec (MDNC), the current Inventory Turnover is 0.79 as of Feb. 2026. 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.

Medinotec Business Description

Address Stand 299 Avant Garde Avenue, 10 New Market Street, Northlands Deco Park, North Riding, Johannesburg, GT, ZAF, 2169
Medinotec Inc is a medical device manufacturing and distribution company engaged in tracheal non-occlusive airway dilation technology and medical device design. It generates revenue from two sources: internally designed and manufactured medical devices and distribution of third-party medical products under exclusive or non-exclusive agreements in defined territories. Its products include the Trachealator, the Outflo Aortic Valve Dilation Balloon Catheter, and the Cape Cross family of PTCA balloon catheters. It also distributes a range of cardiology and renal dialysis products on behalf of multinational manufacturers, mainly in South Africa. Its segments are Inside the United States and Outside the United States, with Outside the United States generating maximum revenue.
24GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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