MKDTY (Molecular Data) Total Inventories : $1 Mil (As of Jun. 2021)

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What is Molecular Data Total Inventories?

Molecular Data's total inventories for the quarter that ended in Jun. 2021 was $1 Mil. Molecular Data's average total inventories from the quarter that ended in Dec. 2020 to the quarter that ended in Jun. 2021 was $1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Molecular Data's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was $-7.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory Turnover measures how fast the company turns over its inventory within a year. Molecular Data's Inventory Turnover for the quarter that ended in Jun. 2021 was 0.00.

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 Total Inventories Historical Data

The historical data trend for Molecular Data's Total Inventories 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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Molecular Data Total Inventories Chart

Molecular Data Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Total Inventories

2.91

1.05

0.62

0.43

Molecular Data Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Dec20	Jun21	Sep21
Total Inventories	Get a 7-Day Free Trial			0.62	0.41	0.43	0.67	0.90

Molecular Data Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Molecular Data (OTCPK:MKDTY) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Molecular Data's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2021 is

	Net-Net Working Capital Per Share (Q: Jun. 2021 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(54.358	+	0.75 * 1.23	+	0.5 * 0.665	-	127.924
-	0	-	0.046)	/	9.903
=	-7.31

2. 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
	=

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2021 )	/	Average Total Inventories (Q: Jun. 2021 )
	=	0	/	0.548
	=	0.00

4. 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
	=

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Molecular Data Total Inventories Related Terms

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Molecular Data Business Description

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Address

2177 Shenkun Road, 11th Floor, Building 15, Minhang District, Shanghai, CHN, 201106

Website

http://www.molbase.com

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.