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Target Global Acquisition I (Target Global Acquisition I) Days Inventory : 0.00 (As of Mar. 2024)


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What is Target Global Acquisition I Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Target Global Acquisition I's Average Total Inventories for the three months ended in Mar. 2024 was $0.00 Mil. Target Global Acquisition I's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

The historical rank and industry rank for Target Global Acquisition I's Days Inventory or its related term are showing as below:

TGAA's Days Inventory is not ranked *
in the Diversified Financial Services industry.
Industry Median: 67.4
* Ranked among companies with meaningful Days Inventory only.

Target Global Acquisition I's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

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

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.


Target Global Acquisition I Days Inventory Historical Data

The historical data trend for Target Global Acquisition I's Days Inventory 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.

* Premium members only.

Target Global Acquisition I Days Inventory Chart

Target Global Acquisition I Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
- - -

Target Global Acquisition I Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Target Global Acquisition I's Days Inventory

For the Shell Companies subindustry, Target Global Acquisition I's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Target Global Acquisition I's Days Inventory Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Target Global Acquisition I's Days Inventory distribution charts can be found below:

* The bar in red indicates where Target Global Acquisition I's Days Inventory falls into.



Target Global Acquisition I Days Inventory Calculation

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

Target Global Acquisition I's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Target Global Acquisition I's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=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.


Target Global Acquisition I  (NAS:TGAA) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Target Global Acquisition I's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

Target Global Acquisition I's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Target Global Acquisition I Days Inventory Related Terms

Thank you for viewing the detailed overview of Target Global Acquisition I's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Target Global Acquisition I (Target Global Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
Governors Square, 23 Lime Tree Bay Avenue, PO Box 10176, Grand Cayman, CYM, KY1-1002
Website
Target Global Acquisition I Corp is a blank check company.
Executives
Target Global Sponsor Ltd. 10 percent owner UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Yaron Valler officer: Chief Investment Officer BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Gerhard Cromme director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Shmuel Chafets officer: Chief Executive Officer BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Lars Hinrichs director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Sigal Regev Rosenberg director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Heiko Dimmerling director, officer: CFO and Director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Michael James Abbott director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102