Twin Ridge Capital Acquisition (Twin Ridge Capital Acquisition) Inventory Turnover : 0.00 (As of Jun. 2023)

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What is Twin Ridge Capital Acquisition 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. Twin Ridge Capital Acquisition's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.00 Mil. Twin Ridge Capital Acquisition's Average Total Inventories for the quarter that ended in Jun. 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.

Twin Ridge Capital Acquisition Inventory Turnover Historical Data

The historical data trend for Twin Ridge Capital 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.

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Twin Ridge Capital Acquisition Inventory Turnover Chart

Twin Ridge Capital Acquisition Annual Data

Trend

Dec21

Dec22

Inventory Turnover

Twin Ridge Capital Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Inventory Turnover	Get a 7-Day Free Trial					-	-	-	-	-

Twin Ridge Capital Acquisition Inventory Turnover Calculation

Twin Ridge Capital Acquisition'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

Twin Ridge Capital Acquisition's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

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

Twin Ridge Capital Acquisition (NYSE:TRCA) 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.

Twin Ridge Capital Acquisition'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
	=

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.

Twin Ridge Capital Acquisition'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
	=

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.

Twin Ridge Capital Acquisition Inventory Turnover Related Terms

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Twin Ridge Capital Acquisition (Twin Ridge Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Twin Ridge Capital Acquisition Corp (NYSE:TRCA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

999 Vanderbilt Beach Road, Suite 200, Naples, FL, USA, 34108

Website

https://www.twinridgecapitalac.com

Twin Ridge Capital Acquisition Corp is a blank check company.

Executives

Gary H Pilnick	director
Dale F Morrison	director, 10 percent owner	152 W 57TH ST, NEW YORK NY 10019
Twin Ridge Capital Sponsor, Llc	director, 10 percent owner	707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Alison Sarah Burns	director	C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Sanjay Krishnakumar Morey	director, 10 percent owner, officer: Co-CEO and President	C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Russell William Peter Jr	director, 10 percent owner, officer: Co-CEO and CFO	C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Paul Henrys	director	C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025