FutureTech II Acquisition (FutureTech II Acquisition) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is FutureTech II 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. FutureTech II Acquisition's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil. FutureTech II Acquisition's Average Total Inventories for the quarter that ended in Mar. 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.

FutureTech II Acquisition Inventory Turnover Historical Data

The historical data trend for FutureTech II 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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FutureTech II Acquisition Inventory Turnover Chart

FutureTech II Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

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

FutureTech II Acquisition Inventory Turnover Calculation

FutureTech II Acquisition'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

FutureTech II Acquisition's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

FutureTech II Acquisition (NAS:FTII) 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.

FutureTech II Acquisition's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 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.

FutureTech II Acquisition's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

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

FutureTech II Acquisition Inventory Turnover Related Terms

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FutureTech II Acquisition (FutureTech II Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FutureTech II Acquisition Corp (NAS:FTII) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

128 Gail Drive, New Rochelle, NY, USA, 10805

Website

FutureTech II Acquisition Corp is a blank check company.

Executives

Ray Lei Chen	director, officer: Chief Executive Officer & CFO	FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Futuretech Partners Ii Llc	10 percent owner	128 GAIL DRIVE, NEW ROCHELLE NY 10805
Jonathan F Mckeage	director	C/O INFOTECH USA INC, 7 KINGSBRIDGE ROAD, FAIRFIELD NJ 07004
Neil Bush	director	1675 BROADWAY, SUITE 2200, DENVER CO 80202
Aroop Zutshi	director	128 GAIL DRIVE, NEW ROCHELLE NY 10805
Yuquan Wang	director, 10 percent owner, officer: Chief Executive Officer	128 GAIL DRIVE, NEW ROCHELLE NY 10805
Jeffrey Alan Moseley	director	1036 LIBERTY PARK DRIVE #22, AUSTIN TX 78746
Michael William Greenall	director, officer: Chief Financial Officer	42 JALAN SRI HARTAMAS 17, TAMAN SRI HARTAMAS, KUALA LUMPUR N8 50480

FutureTech II Acquisition (FutureTech II Acquisition) Headlines

From GuruFocus

FutureTech II Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants

By ACCESSWIRE ACCESSWIRE • 04-08-2022

FutureTech II Acquisition Corp. Confirms Funding and Extension of Period to Complete Initial Business Combination

By sperokesalga sperokesalga • 05-17-2023