GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Lakeshore Acquisition II Corp (NAS:LBBB) » Definitions » Inventory Turnover

Lakeshore Acquisition II (Lakeshore Acquisition II) Inventory Turnover : 0.00 (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Lakeshore Acquisition II 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. Lakeshore Acquisition II's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.00 Mil. Lakeshore Acquisition II's Average Total Inventories for the quarter that ended in Sep. 2023 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.

Lakeshore Acquisition II Inventory Turnover Historical Data

The historical data trend for Lakeshore Acquisition II'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.

Lakeshore Acquisition II Inventory Turnover Chart

Lakeshore Acquisition II Annual Data
Trend Dec21 Dec22
Inventory Turnover
- -

Lakeshore Acquisition II Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Lakeshore Acquisition II Inventory Turnover Calculation

Lakeshore Acquisition II's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Lakeshore Acquisition II's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / 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.

Lakeshore Acquisition II  (NAS:LBBB) 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.

Lakeshore Acquisition II's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*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.

Lakeshore Acquisition II's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

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

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.

Lakeshore Acquisition II Inventory Turnover Related Terms

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

Lakeshore Acquisition II (Lakeshore Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Lakeshore Acquisition II Corp (NAS:LBBB) » Definitions » Inventory Turnover
Comparable Companies
AFAR OLIT ROSE ROCL ITAQ JAQC WTMA SEPA INTE CLOE PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
667 Madison Avenue, New York, NY, USA, 10065
Website
Lakeshore Acquisition II Corp is a newly organized blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
H. David Sherman director 38 HOMEWOOD ROAD, NEWTON MA 02468
Jon M. Montgomery director C/O NUVVE HOLDING CORP., 2468 HISTORIC DECATUR ROAD, SAN DIEGO CA 92106
Deyin Chen director, 10 percent owner, officer: CEO and CFO 300 JINXIU ROAD, SHANGHAI F4 200135
Redone Investment Ltd 10 percent owner SUITE A-2F, 555 SHIHUI ROAD, SONGJIANG DISTRICT, SHANGHAI F4 2001100
Mingyu Li director 555 SHIHUI ROAD, SONGJIANG DISTRICT, SHANGHAI F4 201100