Leisure Acquisition (Leisure Acquisition) Days Inventory : 0.00 (As of Mar. 2021)

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What is Leisure Acquisition Days Inventory?

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

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

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

Leisure Acquisition's Days Inventory stayed the same from Mar. 2020 (0.00) to Mar. 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.

Leisure Acquisition Days Inventory Historical Data

The historical data trend for Leisure 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.

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Leisure Acquisition Days Inventory Chart

Leisure Acquisition Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Days Inventory

Leisure Acquisition Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Days Inventory	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of Leisure Acquisition's Days Inventory

For the Shell Companies subindustry, Leisure 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.

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

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

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

Leisure Acquisition Days Inventory Calculation

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

Leisure Acquisition'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

Leisure Acquisition's Days Inventory for the quarter that ended in Mar. 2021 is calculated as:

	Days Inventory (Q: Mar. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2020 )	+	Total Inventories (Q: Mar. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2021 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Leisure Acquisition (OTCPK:LACQ) 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.

Leisure Acquisition's Inventory Turnover for the three months ended in Mar. 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.

Leisure Acquisition's Inventory to Revenue for the three months ended in Mar. 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.

Leisure Acquisition Days Inventory Related Terms

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