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Trident Acquisitions (Trident Acquisitions) Days Inventory : 0.00 (As of Jun. 2021)


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What is Trident Acquisitions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Trident Acquisitions's Average Total Inventories for the three months ended in Jun. 2021 was $0.00 Mil. Trident Acquisitions's Cost of Goods Sold for the three months ended in Jun. 2021 was $0.00 Mil.

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

TDACU's Days Inventory is not ranked *
in the Diversified Financial Services industry.
Industry Median: 67.4
* Ranked among companies with meaningful Days Inventory only.

Trident Acquisitions's Days Inventory stayed the same from Jun. 2020 (0.00) to Jun. 2021 (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.


Trident Acquisitions Days Inventory Historical Data

The historical data trend for Trident Acquisitions'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.

Trident Acquisitions Days Inventory Chart

Trident Acquisitions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
- - - - -

Trident Acquisitions Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Trident Acquisitions's Days Inventory

For the Shell Companies subindustry, Trident Acquisitions'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.


Trident Acquisitions's Days Inventory Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Trident Acquisitions's Days Inventory falls into.



Trident Acquisitions Days Inventory Calculation

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

Trident Acquisitions's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Trident Acquisitions's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

Days Inventory (Q: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=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.


Trident Acquisitions  (NAS:TDACU) 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.

Trident Acquisitions's Inventory Turnover for the three months ended in Jun. 2021 is calculated as

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.

Trident Acquisitions's Inventory to Revenue for the three months ended in Jun. 2021 is calculated as

* 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

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.


Trident Acquisitions Days Inventory Related Terms

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


Trident Acquisitions (Trident Acquisitions) Business Description

Traded in Other Exchanges
N/A
Address
77 Water Street, Floor 8, New York, NY, USA, 10005
Trident Acquisitions Corp is a blank check company. The firm intends to focus its search on target businesses operating in oil and gas or other natural resources companies in Eastern Europe.
Executives
Ilya Ponomarev director, officer: Chief Executive Officer 77 WATER STREET, 8TH FLOOR, NEW YORK NY 10005
Hudson Bay Capital Management Lp 10 percent owner 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber 10 percent owner C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Gennadii Butkevych director 77 WATER STREET, 8TH FLOOR, NEW YORK NY 10005
Vadim Komissarov director, officer: President and CFO 77 WATER STREET, 8TH FLOOR, NEW YORK NY 10005
Edward S Verona director, officer: Non-Executive Chairman 77 WATER STREET, 8TH FLOOR, NEW YORK NY 10005
Thomas John Gallagher director 77 WATER STREET, 8TH FLOOR, NEW YORK NY 10005

Trident Acquisitions (Trident Acquisitions) Headlines