BNNRW (Banner Acquisition) Inventory Turnover: 0.00 (As of Dec. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BNNRW Banner Acquisition Corp BNNRW
22 GF Score
Price $0.00
! 1 Warning Sign
View Full Analysis

What is Banner Acquisition Inventory Turnover?

Banner Acquisition BNNRW 22 Inventory Turnover is 0.00 as of Dec. 2022. GuruFocus rates BNNRW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

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. Banner Acquisition's Cost of Goods Sold for the three months ended in Dec. 2022 was $0.00 Mil. Banner Acquisition's Average Total Inventories for the quarter that ended in Dec. 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.

Banner Acquisition  (NAS:BNNRW) 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.

Banner Acquisition's Days Inventory for the three months ended in Dec. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 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.

Banner Acquisition's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=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

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.

Banner Acquisition Inventory Turnover Related Terms

Banner Acquisition Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Banner 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.

Banner Acquisition Inventory Turnover Chart

Banner Acquisition Annual Data
Trend Dec21 Dec22
Inventory Turnover
0.00 0.00

Banner Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Inventory Turnover Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
BNNRW
22GF Score
Banner Acquisition Corp BNNRW
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banner Acquisition Inventory Turnover Calculation

Banner Acquisition's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Banner Acquisition's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

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

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Banner Acquisition (BNNRW) has a Inventory Turnover of 0.00 as of Dec. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Banner Acquisition and its competitors.
Is Banner Acquisition's Inventory Turnover too high?
Banner Acquisition's current Inventory Turnover is 0.00. Overall, Banner Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Banner Acquisition's Inventory Turnover compare to ROSE and NHIC?
Banner Acquisition's Inventory Turnover of 0.00 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Diversified Financial Services company?
A good Inventory Turnover depends on the Diversified Financial Services industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Banner Acquisition and its competitors. Banner Acquisition's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banner Acquisition stock overvalued right now?
Banner Acquisition (BNNRW) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Banner Acquisition's overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Banner Acquisition (BNNRW), the current Inventory Turnover is 0.00 as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banner Acquisition Business Description

Address 300 S 1350 E, 2nd Floor, Lehi, UT, USA, 84043
Banner Acquisition Corp is a blank check company.
22GF Score

Get the complete analysis for BNNRW

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price