ACAB (Atlantic Coastal Acquisition II) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is Atlantic Coastal Acquisition II Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Atlantic Coastal Acquisition II's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.00 Mil. Atlantic Coastal Acquisition II's Average Total Inventories for the quarter that ended in Jun. 2024 was $0.00 Mil.

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

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.

Atlantic Coastal Acquisition II Inventory Turnover Historical Data

The historical data trend for Atlantic Coastal Acquisition II's Inventory Turnover 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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Atlantic Coastal Acquisition II Inventory Turnover Chart

Atlantic Coastal Acquisition II Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

Atlantic Coastal Acquisition II Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial							-	-	-	-	-

Atlantic Coastal Acquisition II Inventory Turnover Calculation

Atlantic Coastal Acquisition II's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Atlantic Coastal Acquisition II's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Atlantic Coastal Acquisition II (NAS:ACAB) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Atlantic Coastal Acquisition II's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

Atlantic Coastal Acquisition II's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0	/	0
	=

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Atlantic Coastal Acquisition II Inventory Turnover Related Terms

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Atlantic Coastal Acquisition II Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Atlantic Coastal Acquisition Corp II (NAS:ACAB) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 St Johns Lane, Floor 5, New York, NY, USA, 10013

Website

https://www.atlanticcoastalacquisition.com

Atlantic Coastal Acquisition Corp II is a blank check company.

Executives

Curtis Collar	director	6 ST JOHNS LANE, FLOOR 5, NEW YORK NY 10013
Dominick Schiano	director	30275 OAKLEAF LANE, FRANKLIN MI 48025
Burt Jordan	director, officer: President	4387 CHERRY HILL DRIVE, ORCHARD LAKE MI 48323
Jason Chryssicas	director, officer: Chief Financial Officer	9 UPLAND LANE, ARMONK NY 10504
Shahraab Ahmad	director, officer: Chaiman and CEO	49 CATHCART ROAD, LONDON X0 SW10 9JE
Joanna Lord	director	215 6TH STREET SOUTH, KIRKLAND WA 98033
Anthony D. Eisenberg	director, officer: Chief Strategy Officer	700 LONE PINE, BLOOMFIELD HILLS MI 48304
Bryan Dove	director	6 ST JOHNS LANE, FLOOR 5, NEW YORK NY 10013
Iqbaljit Kahlon	director	2144 GREEN STREET #12, SAN FRANCISCO CA 94123
Atlantic Coastal Acquisition Management Ii Llc	10 percent owner	6 ST JOHNS LANE, FLOOR 5, NEW YORK NY 10013
Darren Stanwood	director	P.O. BOX 861, GLOUCESTER MA 01931