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Tekkorp Digital Acquisition (Tekkorp Digital Acquisition) Inventory Turnover : 0.00 (As of Jun. 2022)


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What is Tekkorp Digital 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. Tekkorp Digital Acquisition's Cost of Goods Sold for the three months ended in Jun. 2022 was $0.00 Mil. Tekkorp Digital 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.

Tekkorp Digital Acquisition Inventory Turnover Historical Data

The historical data trend for Tekkorp Digital 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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Tekkorp Digital Acquisition Inventory Turnover Chart

Tekkorp Digital Acquisition Annual Data
Trend Dec20 Dec21
Inventory Turnover
- -

Tekkorp Digital Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Inventory Turnover Get a 7-Day Free Trial - - - - -

Tekkorp Digital Acquisition Inventory Turnover Calculation

Tekkorp Digital 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

Tekkorp Digital 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

* 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.

Tekkorp Digital Acquisition  (NAS:TEKK) 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.

Tekkorp Digital 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.

Tekkorp Digital 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
=

* 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.

Tekkorp Digital Acquisition Inventory Turnover Related Terms

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Tekkorp Digital Acquisition (Tekkorp Digital Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Tekkorp Digital Acquisition Corp (NAS:TEKK) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
1980 Festival Plaza Drive, Suite 300, Las Vega, NV, USA, 89135
Website
https://www.tekkorpdigital.com
Tekkorp Digital Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Morris Bailey director, 10 percent owner 150 BROADWAY, SUITE 800, NEW YORK NY 10038
Bailey Grand Investments Llc other: See footnotes. 150 BROADWAY, SUITE 800, NEW YORK NY 10038
Anthony P Rodio director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Matt Davey director, 10 percent owner 1980 FESTIVAL PLAZA DRIVE, SUITE 300, LAS VEGAS NV 89135
Tekkorp Holdings Llc 10 percent owner 1980 FESTIVAL PLAZA DRIVE, SUITE 300, LAS VEGAS NV 89135
Tekkorp Jemb Llc 10 percent owner UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Jemb Spac Llc 10 percent owner 150 BROADWAY, SUITE 800, NEW YORK NY 10038
Eric Matejevich officer: Chief Financial Officer C/O TEKKORP DIGITAL ACQUISITION CORP., 1980 FESTIVAL PLAZA DRIVE, SUITE 300, LAS VEGAS NV 89135
Robin Chhabra officer: President C/O TEKKORP DIGITAL ACQUISITION CORP., 1980 FESTIVAL PLAZA DRIVE, SUITE 300, LAS VEGAS NV 89135
Marlon Goldstein director C/O TEKKORP DIGITAL ACQUISITION CORP., 1980 FESTIVAL PLAZA DRIVE, SUITE 300, LAS VEGAS NV 89135
Thomas M. Roche director C/O TEKKORP DIGITAL ACQUISITION CORP., 1980 FESTIVAL PLAZA DRIVE, SUITE 300, LAS VEGAS NV 89135
Sean D. Ryan director C/O TEKKORP DIGITAL ACQUISITION CORP., 1980 FESTIVAL PLAZA DRIVE, SUITE 300, LAS VEGAS NV 89135