Minority Equality Opportunities Acquisition (Minority Equality Opportunities Acquisition) Days Inventory : 0.00 (As of Mar. 2023)

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What is Minority Equality Opportunities Acquisition Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Minority Equality Opportunities Acquisition's Average Total Inventories for the three months ended in Mar. 2023 was $0.00 Mil. Minority Equality Opportunities Acquisition's Cost of Goods Sold for the three months ended in Mar. 2023 was $0.00 Mil.

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

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

Minority Equality Opportunities Acquisition's Days Inventory stayed the same from Mar. 2022 (0.00) to Mar. 2023 (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.

Minority Equality Opportunities Acquisition Days Inventory Historical Data

The historical data trend for Minority Equality Opportunities 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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Minority Equality Opportunities Acquisition Days Inventory Chart

Minority Equality Opportunities Acquisition Annual Data

Trend

Dec21

Dec22

Days Inventory

Minority Equality Opportunities Acquisition Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Minority Equality Opportunities Acquisition's Days Inventory

For the Shell Companies subindustry, Minority Equality Opportunities 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.

Minority Equality Opportunities Acquisition's Days Inventory Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Minority Equality Opportunities Acquisition's Days Inventory falls into.

Minority Equality Opportunities Acquisition Days Inventory Calculation

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

Minority Equality Opportunities Acquisition's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Minority Equality Opportunities Acquisition's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Minority Equality Opportunities Acquisition (NAS:MEOAU) 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.

Minority Equality Opportunities Acquisition's Inventory Turnover for the three months ended in Mar. 2023 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.

Minority Equality Opportunities Acquisition's Inventory to Revenue for the three months ended in Mar. 2023 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.

Minority Equality Opportunities Acquisition Days Inventory Related Terms

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