Adara Acquisition (Adara Acquisition) Total Inventories : $0.00 Mil (As of Sep. 2022)

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What is Adara Acquisition Total Inventories?

Adara Acquisition's total inventories for the quarter that ended in Sep. 2022 was $0.00 Mil. Adara Acquisition's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Sep. 2022 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Adara Acquisition's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $N/A.

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.

Adara Acquisition Total Inventories Historical Data

The historical data trend for Adara Acquisition'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.

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Adara Acquisition Total Inventories Chart

Adara Acquisition Annual Data

Trend

Dec20

Dec21

Total Inventories

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

Adara Acquisition 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.

Adara Acquisition (AMEX:ADRA.U) 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.

Adara Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 is

	Net-Net Working Capital Per Share (Q: Sep. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.03	+	0.75 * 0	+	0.5 * 0	-	3.441
-	0	-	0)	/	0
=	N/A

2. 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 three months ended in Sep. 2022 is calculated as:

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

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2022 )	/	Average Total Inventories (Q: Sep. 2022 )
	=	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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	0	/	0
	=

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.

Adara Acquisition Total Inventories Related Terms

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Adara Acquisition (Adara Acquisition) Business Description

Industry

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

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

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