GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ACE Convergence Acquisition Corp (NAS:ACEVU) » Definitions » Days Inventory

ACE Convergence Acquisition (ACE Convergence Acquisition) Days Inventory : 0.00 (As of Sep. 2022)


View and export this data going back to 2020. Start your Free Trial

What is ACE Convergence Acquisition Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ACE Convergence Acquisition's Average Total Inventories for the three months ended in Sep. 2022 was $0.00 Mil. ACE Convergence Acquisition's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.00 Mil.

The historical rank and industry rank for ACE Convergence Acquisition's Days Inventory or its related term are showing as below:

ACEVU's Days Inventory is not ranked *
in the Diversified Financial Services industry.
Industry Median: 69.33
* Ranked among companies with meaningful Days Inventory only.

ACE Convergence Acquisition's Days Inventory stayed the same from Sep. 2021 (0.00) to Sep. 2022 (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.


ACE Convergence Acquisition Days Inventory Historical Data

The historical data trend for ACE Convergence Acquisition'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.

ACE Convergence Acquisition Days Inventory Chart

ACE Convergence Acquisition Annual Data
Trend Dec20 Dec21
Days Inventory
- -

ACE Convergence Acquisition Quarterly Data
May20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of ACE Convergence Acquisition's Days Inventory

For the Shell Companies subindustry, ACE Convergence Acquisition'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.


ACE Convergence Acquisition's Days Inventory Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where ACE Convergence Acquisition's Days Inventory falls into.



ACE Convergence Acquisition Days Inventory Calculation

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

ACE Convergence Acquisition's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

ACE Convergence Acquisition's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*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.


ACE Convergence Acquisition  (NAS:ACEVU) 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.

ACE Convergence Acquisition's Inventory Turnover for the three months ended in Sep. 2022 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.

ACE Convergence Acquisition's Inventory to Revenue for the three months ended in Sep. 2022 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.


ACE Convergence Acquisition Days Inventory Related Terms

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


ACE Convergence Acquisition (ACE Convergence Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1013 Centre Road, Suite 403S, Wilmington, DE, USA, 19805
Website
ACE Convergence Acquisition Corp is a blank check company.
Executives
Omid Tahernia director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Kenneth Klein director 700 SAGINAW DRIVE, REDWOOD CITY CA 94063
Behrooz L. Abdi director, officer: Chief Executive Officer 1875 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Ryan A Benton director 48720 KATO ROAD, FREMONT CA 94538
Ace Convergence Acquisition Llc director, 10 percent owner 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Raquel Chmielewski director C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Minyoung Park officer: Chief Financial Officer C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Sunny Siu director, officer: President C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Denis Tse director, officer: Secretary C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805