Supernova Partners Acquisition Co (Supernova Partners Acquisition Co) Inventory Turnover : 0.00 (As of Aug. 2020)

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What is Supernova Partners Acquisition Co 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. Supernova Partners Acquisition Co's Cost of Goods Sold for the six months ended in Aug. 2020 was $0.00 Mil. Supernova Partners Acquisition Co's Average Total Inventories for the quarter that ended in Aug. 2020 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.

Supernova Partners Acquisition Co Inventory Turnover Historical Data

The historical data trend for Supernova Partners Acquisition Co'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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Supernova Partners Acquisition Co Inventory Turnover Chart

Supernova Partners Acquisition Co Annual Data

Trend

Dec20

Inventory Turnover

Supernova Partners Acquisition Co Semi-Annual Data
	Aug20
Inventory Turnover	-

Supernova Partners Acquisition Co Inventory Turnover Calculation

Supernova Partners Acquisition Co's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

	Inventory Turnover (A: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2020 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: Dec. 2020 ))	/	count )
=	0	/ (	(	+	0)	/	1 )
=	0	/	0
=	N/A

Supernova Partners Acquisition Co's Inventory Turnover for the quarter that ended in Aug. 2020 is calculated as

	Inventory Turnover (Q: Aug. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Aug. 2020 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: Aug. 2020 ))	/	count )
=	0	/ (	(	+	0)	/	1 )
=	0	/	0
=	N/A

Supernova Partners Acquisition Co (NYSE:SPNV) 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.

Supernova Partners Acquisition Co's Days Inventory for the six months ended in Aug. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2020 )	/	Cost of Goods Sold (Q: Aug. 2020 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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.

Supernova Partners Acquisition Co's Inventory to Revenue for the quarter that ended in Aug. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2020 )	/	Revenue (Q: Aug. 2020 )
	=	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.

Supernova Partners Acquisition Co Inventory Turnover Related Terms

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