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NH Special Purpose Acquisition 29 Co (XKRX:451700) Inventory Turnover : 0.00 (As of Mar. 2024)


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What is NH Special Purpose Acquisition 29 Co 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. NH Special Purpose Acquisition 29 Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩0.00 Mil. NH Special Purpose Acquisition 29 Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ₩0.00 Mil.

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

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.

NH Special Purpose Acquisition 29 Co Inventory Turnover Historical Data

The historical data trend for NH Special Purpose Acquisition 29 Co'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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NH Special Purpose Acquisition 29 Co Inventory Turnover Chart

NH Special Purpose Acquisition 29 Co Annual Data
Trend
Inventory Turnover

NH Special Purpose Acquisition 29 Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover - - - - -

NH Special Purpose Acquisition 29 Co Inventory Turnover Calculation

NH Special Purpose Acquisition 29 Co's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

Inventory Turnover (A: . 20 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: . 20 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

NH Special Purpose Acquisition 29 Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=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.

NH Special Purpose Acquisition 29 Co  (XKRX:451700) 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.

NH Special Purpose Acquisition 29 Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

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

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.

NH Special Purpose Acquisition 29 Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=0 / 0
=

* 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.

NH Special Purpose Acquisition 29 Co Inventory Turnover Related Terms

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NH Special Purpose Acquisition 29 Co (XKRX:451700) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » NH Special Purpose Acquisition 29 Co (XKRX:451700) » Definitions » Inventory Turnover
Comparable Companies
Traded in Other Exchanges
N/A
Address
108, Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR
Website
NH Special Purpose Acquisition 29 Co is a special purpose acquisition company.

NH Special Purpose Acquisition 29 Co (XKRX:451700) Headlines

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