Atlantic Avenue Acquisition (Atlantic Avenue Acquisition) Inventory Turnover : 0.00 (As of Jun. 2022)

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What is Atlantic Avenue Acquisition 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 Avenue Acquisition's Cost of Goods Sold for the three months ended in Jun. 2022 was $0.00 Mil. Atlantic Avenue Acquisition's Average Total Inventories for the quarter that ended in Jun. 2022 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 Avenue Acquisition Inventory Turnover Historical Data

The historical data trend for Atlantic Avenue Acquisition'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 Avenue Acquisition Inventory Turnover Chart

Atlantic Avenue Acquisition Annual Data

Trend

Dec20

Dec21

Inventory Turnover

Atlantic Avenue Acquisition Quarterly Data
	Jul20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Atlantic Avenue Acquisition Inventory Turnover Calculation

Atlantic Avenue Acquisition's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Atlantic Avenue Acquisition's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

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

Atlantic Avenue Acquisition (NYSE:ASAQ) 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 Avenue Acquisition's Days Inventory for the three months ended in Jun. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2022 )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	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 Avenue Acquisition's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2022 )	/	Revenue (Q: Jun. 2022 )
	=	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 Avenue Acquisition Inventory Turnover Related Terms

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Atlantic Avenue Acquisition (Atlantic Avenue Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Atlantic Avenue Acquisition Corp (NYSE:ASAQ) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2200 Atlantic Street, Stamford, CT, USA, 06902

Website

https://www.asaqspac.com

Atlantic Avenue Acquisition Corp is a newly organized blank check company.

Executives

Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer	10 percent owner	250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Thomas J Neff	director	SPENCER STUART & ASSOCIATES, 277 PARK AVE, NEW YORK NY 10172
James M Dubin	director	ONE MADISON PLACE, HARRISON NY 10528
Halmi Robert A Jr	director	CROWN MEDIA HOLDINGS INC, 6430 S FIDDLERS GREEN CIR STE 500, ENGLEWOOD CO 80111
Ashok Nayyar	director, 10 percent owner, officer: Chief Executive Officer, Chair	930 PARK AVENUE, NEW YORK NY 10028
Barry Best	officer: Chief Financial Officer	C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Atlantic Street Partners Llc	10 percent owner	2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
David Gelobter	officer: Co-President & Secretary	C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Purvang Desai	officer: Chief Accounting Officer	C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Mark Field	director	C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Michael Russell Zimmerman	officer: Co-President	C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Atlantic Avenue Partners Gp Llc	10 percent owner	2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902

Atlantic Avenue Acquisition (Atlantic Avenue Acquisition) Headlines

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Atlantic Avenue Acquisition Corp Receives Expected Notice from NYSE Regarding Delayed Quarterly Report

By PRNewswire PRNewswire • 05-27-2021

Atlantic Avenue Acquisition Corp Announces Separate Trading of Class A Common Stock and Warrants, Commencing October 15, 2020

By PRNewswire PRNewswire • 10-13-2020