GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Parnassus Acquisition Corp (NAS:FTPAW) » Definitions » Days Inventory

FTAC Parnassus Acquisition (FTAC Parnassus Acquisition) Days Inventory : 0.00 (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is FTAC Parnassus Acquisition Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FTAC Parnassus Acquisition's Average Total Inventories for the three months ended in Sep. 2022 was $0.00 Mil. FTAC Parnassus 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 FTAC Parnassus Acquisition's Days Inventory or its related term are showing as below:

FTPAW's Days Inventory is not ranked *
in the Diversified Financial Services industry.
Industry Median: 66.975
* Ranked among companies with meaningful Days Inventory only.

FTAC Parnassus 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.

FTAC Parnassus Acquisition Days Inventory Historical Data

The historical data trend for FTAC Parnassus 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.

FTAC Parnassus Acquisition Days Inventory Chart

FTAC Parnassus Acquisition Annual Data
Trend Dec20 Dec21
Days Inventory
- -

FTAC Parnassus Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Inventory Get a 7-Day Free Trial - - - - -

Competitive Comparison of FTAC Parnassus Acquisition's Days Inventory

For the Shell Companies subindustry, FTAC Parnassus 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.

FTAC Parnassus Acquisition's Days Inventory Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where FTAC Parnassus Acquisition's Days Inventory falls into.


FTAC Parnassus Acquisition Days Inventory Calculation

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

FTAC Parnassus 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

FTAC Parnassus 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.

FTAC Parnassus Acquisition  (NAS:FTPAW) 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.

FTAC Parnassus Acquisition's Inventory Turnover for the three months ended in Sep. 2022 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.

FTAC Parnassus Acquisition's Inventory to Revenue for the three months ended in Sep. 2022 is calculated as

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

* 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.

FTAC Parnassus Acquisition Days Inventory Related Terms

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

FTAC Parnassus Acquisition (FTAC Parnassus Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Parnassus Acquisition Corp (NAS:FTPAW) » Definitions » Days Inventory
Comparable Companies
EMLD FTCV CNDA FTVI PICC BACA GTPA DISA FTEV BLEU GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
FTAC Parnassus Acquisition Corp is a 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.