TLMDW (SOC Telemed) Inventory Turnover: 85.00 (As of Dec. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TLMDW SOC Telemed Inc TLMDW
19 GF Score
Price $0.84
! 6 Warning Signs
View Full Analysis

What is SOC Telemed Inventory Turnover?

SOC Telemed TLMDW 19 Inventory Turnover is 85.00 as of Dec. 2021. GuruFocus rates TLMDW with a GF Score™ of 19/100. The stock has 6 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. SOC Telemed's Cost of Goods Sold for the six months ended in Dec. 2021 was $64.09 Mil. SOC Telemed's Average Total Inventories for the quarter that ended in Dec. 2021 was $0.75 Mil. SOC Telemed's Inventory Turnover for the quarter that ended in Dec. 2021 was 85.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SOC Telemed's Days Inventory for the six months ended in Dec. 2021 was 2.15.

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. SOC Telemed's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 0.01.

SOC Telemed  (NAS:TLMDW) 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.

SOC Telemed's Days Inventory for the six months ended in Dec. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2021 )/Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=0.754/64.091*365 / 2
=2.15

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.

SOC Telemed's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2021 ) / Revenue (Q: Dec. 2021 )
=0.754 / 94.442
=0.01

* 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.

SOC Telemed Inventory Turnover Related Terms

SOC Telemed Inventory Turnover Historical Data

* Premium members only.

The historical data trend for SOC Telemed'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.

SOC Telemed Inventory Turnover Chart

SOC Telemed Annual Data
Trend Dec19 Dec20 Dec21
Inventory Turnover
0.00 0.00 85.00

SOC Telemed Semi-Annual Data
Dec19 Dec20 Dec21
Inventory Turnover 0.00 0.00 85.00
TLMDW
19GF Score
SOC Telemed Inc TLMDW
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SOC Telemed Inventory Turnover Calculation

SOC Telemed's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Inventory Turnover (A: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2021 ) / ((Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count )
=64.091 / ((0 + 0.754) / 1 )
=64.091 / 0.754
=85.00

SOC Telemed's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

Inventory Turnover (Q: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2021 ) / ((Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Dec. 2021 )) / count )
=64.091 / ((0 + 0.754) / 1 )
=64.091 / 0.754
=85.00

* 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 85.00 mean?
SOC Telemed (TLMDW) has a Inventory Turnover of 85.00 as of Dec. 2021. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SOC Telemed and its competitors.
Is SOC Telemed's Inventory Turnover too high?
SOC Telemed's current Inventory Turnover is 85.00. Overall, SOC Telemed has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does SOC Telemed's Inventory Turnover compare to PHCI and JYNT?
SOC Telemed's Inventory Turnover of 85.00 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 SOC Telemed and its competitors. SOC Telemed's current Inventory Turnover is 85.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SOC Telemed stock overvalued right now?
SOC Telemed (TLMDW) has a current Inventory Turnover of 85.00. The current Inventory Turnover is 85.00. SOC Telemed's overall GF Score™ is 19/100 with 6 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 SOC Telemed (TLMDW), the current Inventory Turnover is 85.00 as of Dec. 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.

SOC Telemed Business Description

Address 1768 Business Center Drive, Suite 100, Reston, VA, USA, 20190
SOC Telemed Inc is a provider of acute care telemedicine services and technology to U.S. hospitals and healthcare systems based on number of clients. It provides technology enabled clinical solutions which include acute teleNeurology, telePsychiatry, and teleICU, and telePulmonology service. It supports specialty care, providing time-sensitive specialty care when patients are vulnerable and may not otherwise have access. Its solution was developed to support complex workflows in the acute care setting by integrating cloud-based software platform, Telemed IQ, with a panel of patient advocates and a network of clinical specialists to create a seamless, acute telemedicine solution.
19GF Score

Get the complete analysis for TLMDW

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

$0.84
Price