Athena Technology Acquisition (Athena Technology Acquisition) Total Inventories : $0.00 Mil (As of Sep. 2021)

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What is Athena Technology Acquisition Total Inventories?

Athena Technology Acquisition's total inventories for the quarter that ended in Sep. 2021 was $0.00 Mil. Athena Technology Acquisition's average total inventories from the quarter that ended in Jun. 2021 to the quarter that ended in Sep. 2021 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Athena Technology Acquisition's Net-Net Working Capital per share for the quarter that ended in Sep. 2021 was $-0.67.

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.

Athena Technology Acquisition Total Inventories Historical Data

The historical data trend for Athena Technology 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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Athena Technology Acquisition Total Inventories Chart

Athena Technology Acquisition Annual Data

Trend

Dec20

Total Inventories

Athena Technology Acquisition Quarterly Data
	Mar21	Jun21	Sep21
Total Inventories	-	-	-

Athena Technology 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.

Athena Technology Acquisition (NYSE:ATHN) 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.

Athena Technology Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2021 is

	Net-Net Working Capital Per Share (Q: Sep. 2021 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.177	+	0.75 * 0	+	0.5 * 0	-	22.967
-	0	-	0)	/	34.2667
=	-0.67

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

Athena Technology Acquisition's Days Inventory for the three months ended in Sep. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2021 )	/	Cost of Goods Sold (Q: Sep. 2021 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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

Athena Technology Acquisition's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2021 )	/	Average Total Inventories (Q: Sep. 2021 )
	=	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.

Athena Technology Acquisition's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2021 )	/	Revenue (Q: Sep. 2021 )
	=	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.

Athena Technology Acquisition Total Inventories Related Terms

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Athena Technology Acquisition (Athena Technology Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Athena Technology Acquisition Corp (NYSE:ATHN) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

125 Townpark Drive, Suite 300, Kennesaw, GA, USA, 30144

Website

https://www.athena1.com

Athena Technology Acquisition Corp is a newly organized blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.