Corner Growth Acquisition 2 (Corner Growth Acquisition 2) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Corner Growth Acquisition 2 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. Corner Growth Acquisition 2's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil. Corner Growth Acquisition 2'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.

Corner Growth Acquisition 2 Inventory Turnover Historical Data

The historical data trend for Corner Growth Acquisition 2'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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Corner Growth Acquisition 2 Inventory Turnover Chart

Corner Growth Acquisition 2 Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

Corner Growth Acquisition 2 Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial								-	-	-	-	-

Corner Growth Acquisition 2 Inventory Turnover Calculation

Corner Growth Acquisition 2'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

Corner Growth Acquisition 2'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

Corner Growth Acquisition 2 (NAS:TRON) 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.

Corner Growth Acquisition 2'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.

Corner Growth Acquisition 2'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.

Corner Growth Acquisition 2 Inventory Turnover Related Terms

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Corner Growth Acquisition 2 (Corner Growth Acquisition 2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Corner Growth Acquisition Corp 2 (NAS:TRON) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

251 Lytton Avenue, Suite 200, Palo Alto, CA, USA, 94301

Website

Corner Growth Acquisition Corp 2 is a blank check company.

Executives

Taconic Capital Advisors Lp	10 percent owner	280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Highbridge Capital Management Llc	10 percent owner	277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Frank Brosens	10 percent owner	C/O TACONIC CAPITAL ADVISORS LP, 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Taconic Capital Advisors Uk Llp	10 percent owner	55 GROSVENOR STREET, 4TH FLOOR, LONDON X0 W1K 3HY
Taconic Capital Advisors (hong Kong) Ltd	10 percent owner	UNIT 1601, 16TH FLOOR, RUTTENJEE HOUSE, RUTTENJEE CTR, 11 DUDDELL STREET, HONG KONG K3 00000
John J. Cadeddu	director, 10 percent owner, officer: Co-Chairman	251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Alexandre Balkanski	director	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Jason Park	director	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Marvin Tien	director, 10 percent owner, officer: CEO and Chairman	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Jane Batzofin	officer: President	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
David Kutcher	officer: Chief Investment Officer	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
John Mulkey	director	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Kevin Tanaka	officer: DCD	C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Cga Sponsor 2, Llc	10 percent owner	251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301