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First Tidal Acquisition (TSXV:AAA.P) Days Inventory : 0.00 (As of Nov. 2023)


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What is First Tidal Acquisition Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). First Tidal Acquisition's Average Total Inventories for the three months ended in Nov. 2023 was C$0.00 Mil. First Tidal Acquisition's Cost of Goods Sold for the three months ended in Nov. 2023 was C$0.00 Mil.

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

TSXV:AAA.P's Days Inventory is not ranked *
in the Diversified Financial Services industry.
Industry Median: 69.33
* Ranked among companies with meaningful Days Inventory only.

First Tidal Acquisition's Days Inventory stayed the same from Nov. 2022 (0.00) to Nov. 2023 (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.


First Tidal Acquisition Days Inventory Historical Data

The historical data trend for First Tidal Acquisition'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.

First Tidal Acquisition Days Inventory Chart

First Tidal Acquisition Annual Data
Trend Feb21 Feb22 Feb23
Days Inventory
- - -

First Tidal Acquisition Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of First Tidal Acquisition's Days Inventory

For the Shell Companies subindustry, First Tidal Acquisition'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.


First Tidal Acquisition's Days Inventory Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where First Tidal Acquisition's Days Inventory falls into.



First Tidal Acquisition Days Inventory Calculation

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

First Tidal Acquisition's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

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

First Tidal Acquisition's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

Days Inventory (Q: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*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.


First Tidal Acquisition  (TSXV:AAA.P) 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.

First Tidal Acquisition's Inventory Turnover for the three months ended in Nov. 2023 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.

First Tidal Acquisition's Inventory to Revenue for the three months ended in Nov. 2023 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.


First Tidal Acquisition Days Inventory Related Terms

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


First Tidal Acquisition (TSXV:AAA.P) Business Description

Traded in Other Exchanges
N/A
Address
1122 Mainland Street, Suite 228, Vancouver, BC, CAN, V6B 5L1
Website
First Tidal Acquisition Corp is a capital pool company.

First Tidal Acquisition (TSXV:AAA.P) Headlines

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