Todos Medical (Todos Medical) Inventory Turnover : 0.90 (As of Sep. 2022)

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What is Todos Medical Inventory Turnover?

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. Todos Medical's Cost of Goods Sold for the three months ended in Sep. 2022 was $1.27 Mil. Todos Medical's Average Total Inventories for the quarter that ended in Sep. 2022 was $1.42 Mil. Todos Medical's Inventory Turnover for the quarter that ended in Sep. 2022 was 0.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Todos Medical's Days Inventory for the three months ended in Sep. 2022 was 101.85.

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. Todos Medical's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.74.

Todos Medical Inventory Turnover Historical Data

The historical data trend for Todos 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.

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Todos Medical Inventory Turnover Chart

Todos Medical Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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7.12

7.34

Todos Medical Quarterly Data
	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Inventory Turnover	Get a 7-Day Free Trial												0.58	1.51	0.82	0.67	0.90

Todos Medical Inventory Turnover Calculation

Todos Medical'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 )
=	7.847	/ (	(0.536	+	1.603)	/	2 )
=	7.847	/	1.0695
=	7.34

Todos Medical's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

	Inventory Turnover (Q: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2022 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )
=	1.274	/ (	(1.524	+	1.32)	/	2 )
=	1.274	/	1.422
=	0.90

Todos Medical (OTCPK:TOMDF) 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.

Todos Medical's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	1.422	/	1.274	*	365 / 4
	=	101.85

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.

Todos Medical's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	1.422	/	1.914
	=	0.74

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.

Todos Medical Inventory Turnover Related Terms

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Todos Medical (Todos Medical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Todos Medical Ltd (OTCPK:TOMDF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 Derech Menachem Begin, 30th Floor, Tel Aviv, ISR, 6701203

Website

https://www.todosmedical.com

Todos Medical Ltd is an in vitro diagnostics company. Its operating segments are Breast Cancer Test, Alzheimer's, and COVID-19 testing. The company generates all of its revenue from the United States.

Executives

Gerald Commissiong	director, officer: CEO and Director	675 ALMANOR AVENUE, SUNNYVALE CA 94085
Strategic Investment Holdings, Llc	10 percent owner	875 CARRETERA 693, SUITE 201, DORADO PR 00646