Aldel Financial (Aldel Financial) Days Inventory : 0.00 (As of Sep. 2021)

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What is Aldel Financial Days Inventory?

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

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

ADF's Days Inventory is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 66.88
* Ranked among companies with meaningful Days Inventory only.

Aldel Financial's Days Inventory stayed the same from . 20 (0.00) to Sep. 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.

Aldel Financial Days Inventory Historical Data

The historical data trend for Aldel Financial'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.

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Aldel Financial Days Inventory Chart

Aldel Financial Annual Data

Trend

Dec20

Days Inventory

Aldel Financial Quarterly Data
	Mar21	Jun21	Sep21
Days Inventory	-	-	-

Competitive Comparison of Aldel Financial's Days Inventory

For the Shell Companies subindustry, Aldel Financial'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.

Aldel Financial's Days Inventory Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Aldel Financial's Days Inventory falls into.

Aldel Financial Days Inventory Calculation

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

Aldel Financial'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: . 20 )	+	Total Inventories (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Aldel Financial's Days Inventory for the quarter that ended in Sep. 2021 is calculated as:

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

Aldel Financial (NYSE:ADF) 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.

Aldel Financial's Inventory Turnover for the three months ended in Sep. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

Aldel Financial's Inventory to Revenue for the three months ended in Sep. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

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.

Aldel Financial Days Inventory Related Terms

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

Aldel Financial (Aldel Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aldel Financial Inc (NYSE:ADF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 S. Maple Street, Itasca, IL, USA, 60143

Website

Aldel Financial Inc is a blank check company.

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