Adara Acquisition (Adara Acquisition) Days Inventory : 0.00 (As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Adara Acquisition Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Adara Acquisition's Average Total Inventories for the three months ended in Sep. 2022 was $0.00 Mil. Adara Acquisition's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.00 Mil.

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

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

Adara Acquisition's Days Inventory stayed the same from Sep. 2021 (0.00) to Sep. 2022 (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.

Adara Acquisition Days Inventory Historical Data

The historical data trend for Adara 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.

Adara Acquisition Days Inventory Chart

Adara Acquisition Annual Data

Trend

Dec20

Dec21

Days Inventory

Adara Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Adara Acquisition's Days Inventory

For the Shell Companies subindustry, Adara 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.

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

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

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

Adara Acquisition Days Inventory Calculation

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

Adara Acquisition's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Adara Acquisition's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

	Days Inventory (Q: Sep. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Adara Acquisition (AMEX:ADRA.U) 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.

Adara Acquisition's Inventory Turnover for the three months ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

Adara Acquisition's Inventory to Revenue for the three months ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

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.

Adara Acquisition Days Inventory Related Terms

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

Adara Acquisition (Adara Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Adara Acquisition Corp (AMEX:ADRA.U) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

8845 Red Oak Boulevard, Charlotte, NC, USA, 28217

Website

https://www.adaraspac.com

Adara Acquisition Corp is a blank check company.

Executives

Paul Eibeler	director	C/O MOOMJIAN & WAITE, LLP, 100 JERICHO QUADRANGLE STE 225, JERICHO NY 11753
Ogilvie Bruce A Jr	director, 10 percent owner, officer: See Remarks	1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
John Edwin Kutch	officer: Chief Financial Officer	1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Chris Nagelson	director	1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Terilea J Wielenga	director	25 CEDAR RIDGE, IRVINE CA 92603
Jeffrey Clinton Walker	director, 10 percent owner, officer: Chief Executive Officer	1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Dylan Glenn	director	535 BROAD HOLLOW ROAD, SUITE B51, MELVILLE NY 11747
Martin A. Sumichrast	director, 10 percent owner, officer: Chief Executive Officer	11125 COLONIAL COUNTRY LANE, CHARLOTTE NC 28277
Thomas M Finke	director	BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Paul G Porter	officer: Chief Financial Officer	7621 LITTLE AVE, STE 414, CHARLOTTE NC 28226
Adara Sponsor Llc	10 percent owner	8845 RED OAK BOULEVARD, CHARLOTTE NC 28217
Donaldson Walter Tommy Iii	director	211 EAST BLVD., CHARLOTTE NC 28203
Beatriz Acevedo-greiff	director	1023 MAPLE STREET, SANTA MONICA CA 90405
Frank Quintero	director	1966 DEERMONT RD, GLENDALE CA 91207

Adara Acquisition (Adara Acquisition) Headlines

From GuruFocus

INVESTIGATION NOTICE: Halper Sadeh LLP Investigates PSB, HMTV, ADRA

By PRNewswire PRNewswire • 07-06-2022