IG Acquisition (IG Acquisition) Inventory Turnover : 0.00 (As of Sep. 2022)

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

IG Acquisition Inventory Turnover Historical Data

The historical data trend for IG 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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IG Acquisition Inventory Turnover Chart

IG Acquisition Annual Data

Trend

Dec20

Dec21

Inventory Turnover

IG Acquisition Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Inventory Turnover	Get a 7-Day Free Trial				-	-	-	-	-

IG Acquisition Inventory Turnover Calculation

IG 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

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

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

IG Acquisition (NAS:IGACU) 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.

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

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

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

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

IG Acquisition Inventory Turnover Related Terms

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IG Acquisition (IG Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » IG Acquisition Corp (NAS:IGACU) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

251 Park Avenue South, 8th Floor, New York, NY, USA, 10010

Website

http://www.igacquisition.com

IG Acquisition Corp is a blank check company.

Executives

Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
G1 Execution Services, Llc	10 percent owner	175 W. JACKSON BLVD., SUITE 1700, 501 PLAZA 2, CHICAGO IL 60604
Susquehanna Securities, Llc	10 percent owner	401 CITY AVENUE, SUITE 220, BALA CYNWYD PA 19004
Ig Sponsor Llc	10 percent owner	251 PARK AVENUE SOUTH 8TH FLOOR, NEW YORK NY 10010
Christian Goode	director, officer: Chief Executive Officer	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Abigail May	director	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Bradley Tusk	director, 10 percent owner	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Farrell Edward Martin Jr.	officer: Chief Financial Officer	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10105
Catharine Dockery	director	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Kenneth Kweku	director	251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Peter Ward	director	251 PARK AVENUE SOUTH 8TH FLOOR, NEW YORK NY 10010

IG Acquisition (IG Acquisition) Headlines

From GuruFocus

IG Acquisition Corp. Announces Closing of $300 Million Initial Public Offering

By PRNewswire PRNewswire • 10-06-2020

IG Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing November 23, 2020

By Marketwired Marketwired • 11-20-2020