MKDTY (Molecular Data) Inventory Turnover: 0.00 (As of Jun. 2021)

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What is Molecular Data Inventory Turnover?

Molecular Data MKDTY -99.00% Inventory Turnover is 0.00 as of Jun. 2021.

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. Molecular Data's Cost of Goods Sold for the three months ended in Jun. 2021 was $0 Mil. Molecular Data's Average Total Inventories for the quarter that ended in Jun. 2021 was $1 Mil. Molecular Data's Inventory Turnover for the quarter that ended in Jun. 2021 was 0.00.

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.

Molecular Data  (OTCPK:MKDTY) 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.

Molecular Data's Days Inventory for the three months ended in Jun. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2021 )/Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=0.548/0*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.

Molecular Data's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=0.548 / 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.

Molecular Data Inventory Turnover Related Terms

Molecular Data Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Molecular Data'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.

Molecular Data Inventory Turnover Chart

Molecular Data Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Inventory Turnover
0.00 216.24 657.35 2,232.62 2,213.54

Molecular Data Quarterly Data
Dec17 Dec18 Sep19 Dec19 Jun20 Dec20 Jun21 Sep21
Inventory Turnover Get a 7-Day Free Trial 978.27 0.00 0.00 0.00 0.00

Molecular Data Inventory Turnover Calculation

Molecular Data'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: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=1163.215 / ((0.62 + 0.431) / 2 )
=1163.215 / 0.5255
=2,213.54

Molecular Data's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover (Q: Jun. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2021 ) / ((Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Jun. 2021 )) / count )
=0 / ((0.431 + 0.665) / 2 )
=0 / 0.548
=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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Molecular Data (MKDTY) has a Inventory Turnover of 0.00 as of Jun. 2021. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Molecular Data and its competitors.
Is Molecular Data's Inventory Turnover too high?
Molecular Data's current Inventory Turnover is 0.00.
How does Molecular Data's Inventory Turnover compare to BLGO and DOW?
Molecular Data's Inventory Turnover of 0.00 can be compared against companies in the Chemicals 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 Chemicals company?
A good Inventory Turnover depends on the Chemicals 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 Molecular Data and its competitors. Molecular Data'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 Molecular Data stock overvalued right now?
Molecular Data (MKDTY) 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 Molecular Data (MKDTY), the current Inventory Turnover is 0.00 as of Jun. 2021. 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.

Molecular Data Business Description

Address 2177 Shenkun Road, 11th Floor, Building 15, Minhang District, Shanghai, CHN, 201106
Molecular Data Inc is a chemical e-commerce platform in China. It provides SaaS-powered and data-driven integrated service platform for chemical e-commerce. The company offers e-commerce solutions, financial solutions, and warehousing and logistics solutions through its platform. The company generates all its revenues through Chemical trading from China. It sells chemical products to customers through an online platform or sales representatives.