MDRM (Modern Mobility Aids) Inventory Turnover: 0.00 (As of Mar. 2015)

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What is Modern Mobility Aids Inventory Turnover?

Modern Mobility Aids MDRM Inventory Turnover is 0.00 as of Mar. 2015.

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. Modern Mobility Aids's Cost of Goods Sold for the three months ended in Mar. 2015 was $0.00 Mil. Modern Mobility Aids's Average Total Inventories for the quarter that ended in Mar. 2015 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.

Modern Mobility Aids  (OTCPK:MDRM) 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.

Modern Mobility Aids's Days Inventory for the three months ended in Mar. 2015 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2015 )/Cost of Goods Sold (Q: Mar. 2015 )*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.

Modern Mobility Aids's Inventory to Revenue for the quarter that ended in Mar. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2015 ) / Revenue (Q: Mar. 2015 )
=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.

Modern Mobility Aids Inventory Turnover Related Terms

Modern Mobility Aids Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Modern Mobility Aids'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.

Modern Mobility Aids Inventory Turnover Chart

Modern Mobility Aids Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
Inventory Turnover
0.00 0.00 0.00 0.00 0.00

Modern Mobility Aids Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Modern Mobility Aids Inventory Turnover Calculation

Modern Mobility Aids's Inventory Turnover for the fiscal year that ended in Jun. 2014 is calculated as

Inventory Turnover (A: Jun. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2014 ) / ((Total Inventories (A: Jun. 2013 ) + Total Inventories (A: Jun. 2014 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Modern Mobility Aids's Inventory Turnover for the quarter that ended in Mar. 2015 is calculated as

Inventory Turnover (Q: Mar. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2015 ) / ((Total Inventories (Q: Dec. 2014 ) + Total Inventories (Q: Mar. 2015 )) / 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?
Modern Mobility Aids (MDRM) has a Inventory Turnover of 0.00 as of Mar. 2015. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Modern Mobility Aids and its competitors.
Is Modern Mobility Aids' Inventory Turnover too high?
Modern Mobility Aids' current Inventory Turnover is 0.00.
How does Modern Mobility Aids' Inventory Turnover compare to MGPC and POYN?
Modern Mobility Aids' Inventory Turnover of 0.00 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Inventory Turnover depends on the Healthcare Providers & Services 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 Modern Mobility Aids and its competitors. Modern Mobility Aids'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 Modern Mobility Aids stock overvalued right now?
Modern Mobility Aids (MDRM) 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 Modern Mobility Aids (MDRM), the current Inventory Turnover is 0.00 as of Mar. 2015. 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.

Modern Mobility Aids Business Description

Address 1968 South Coast Highway, Suite1094, Laguna Beach, CA, USA, 92651
Modern Mobility Aids Inc is currently focusing on Digital Health, Telehealth, Virtual Care, Cardiac Monitoring, Mental Health, Tele-Monitoring, and other emerging opportunities in the rapidly changing healthcare environment, with a special emphasis on the Canadian, Latin American, and US markets. The company aims to build a common/shared platform through which it can provide Virtual Health Care services and home medical monitoring.