GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » 99 Acquisition Group Inc (NAS:NNAG) » Definitions » Total Inventories

99 Acquisition Group (99 Acquisition Group) Total Inventories : $0.00 Mil (As of Jun. 2023)


View and export this data going back to 2023. Start your Free Trial

What is 99 Acquisition Group Total Inventories?

99 Acquisition Group's total inventories for the quarter that ended in Jun. 2023 was $0.00 Mil. 99 Acquisition Group's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. 99 Acquisition Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.02.

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.

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.

99 Acquisition Group Total Inventories Historical Data

The historical data trend for 99 Acquisition Group'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.

* Premium members only.

99 Acquisition Group Total Inventories Chart

99 Acquisition Group Annual Data
Trend Dec22 Dec23
Total Inventories
- -

99 Acquisition Group Quarterly Data
Dec22 Jun23 Dec23
Total Inventories - - -

99 Acquisition Group 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.

99 Acquisition Group  (NAS:NNAG) 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.

99 Acquisition Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.001+0.75 * 0+0.5 * 0-0.158
-0-0)/10.075
=-0.02

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

99 Acquisition Group's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=0/0*365 / 4
=

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

99 Acquisition Group's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=0 / 0
=N/A

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.

99 Acquisition Group's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=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

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.

99 Acquisition Group Total Inventories Related Terms

Thank you for viewing the detailed overview of 99 Acquisition Group's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

99 Acquisition Group (99 Acquisition Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » 99 Acquisition Group Inc (NAS:NNAG) » Definitions » Total Inventories
Comparable Companies
PWUP HWEL BLUA CBRG DPCS CHAA EGGF TGAA PORT CITE PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
14 Noblewood Ct,, Gaithersburg, MD, USA, 20878
Website
https://www.99acquisitiongroup.com
99 Acquisition Group Inc is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.