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Forest Road Acquisition (Forest Road Acquisition) Inventory Turnover

: 0.00 (As of Sep. 2020)
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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. Forest Road Acquisition's Cost of Goods Sold for the six months ended in Sep. 2020 was $0.00 Mil. Forest Road Acquisition's Average Total Inventories for the quarter that ended in Sep. 2020 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.


Forest Road Acquisition Inventory Turnover Historical Data

The historical data trend for Forest Road Acquisition'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.

* Premium members only.

Forest Road Acquisition Annual Data
Trend Dec20
Inventory Turnover
-

Forest Road Acquisition Semi-Annual Data
Sep20
Inventory Turnover -

Forest Road Acquisition Inventory Turnover Calculation

Forest Road Acquisition's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: Dec. 2020 )) / count )
=0 / (( + 0) / 1 )
=0 / 0
=N/A

Forest Road Acquisition's Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

Inventory Turnover (Q: Sep. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2020 ) / ((Total Inventories (Q: . 20 ) + Total Inventories (Q: Sep. 2020 )) / count )
=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.


Forest Road Acquisition  (NYSE:FRX) 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.

Forest Road Acquisition's Days Inventory for the six months ended in Sep. 2020 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2020 )/Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=0/0*365 / 2
=

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.

Forest Road Acquisition's Inventory to Revenue for the quarter that ended in Sep. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2020 ) / Revenue (Q: Sep. 2020 )
=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.


Forest Road Acquisition Inventory Turnover Related Terms

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Forest Road Acquisition (Forest Road Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1177 Avenue of the Americas, 5th Floor, New York, NY, USA, 10036
Forest Road Acquisition Corp is a blank check company.

Forest Road Acquisition (Forest Road Acquisition) Headlines

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