UTA Acquisition (UTA Acquisition) Inventory Turnover : 0.00 (As of Jun. 2023)

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What is UTA 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. UTA Acquisition's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.00 Mil. UTA Acquisition's Average Total Inventories for the quarter that ended in Jun. 2023 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.

UTA Acquisition Inventory Turnover Historical Data

The historical data trend for UTA 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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UTA Acquisition Inventory Turnover Chart

UTA Acquisition Annual Data

Trend

Dec21

Dec22

Inventory Turnover

UTA Acquisition Quarterly Data
	Jul21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

UTA Acquisition Inventory Turnover Calculation

UTA Acquisition's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

UTA Acquisition's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

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

UTA Acquisition (NAS:UTAA) 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.

UTA Acquisition's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	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.

UTA Acquisition's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	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.

UTA Acquisition Inventory Turnover Related Terms

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UTA Acquisition (UTA Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

135 5th Avenue, 7th Floor, New York, NY, USA, 10010

Website

https://investors.utaacorp.com

UTA Acquisition Corp is a newly incorporated blank check company. It is 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

Kathy P Vrabeck	director	625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Nancy Tellem	director	1016 LAKE PARK DRIVE, BIRMINGHAM MI 48009
Reginald Fils-aime	director	C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Alexis Ohanian	director	C/O UTA ACQUISITION CORP., 135 5TH AVENUE, 7TH FLOOR, NEW YORK NY 10010
Ophir Lupu	officer: President	C/O UTA ACQUISITION CORP., 135 5TH AVENUE, 7TH FLOOR, NEW YORK NY 10010
Chris Jefferis	officer: Chief Financial Officer	C/O UTA ACQUISITION CORP., 135 5TH AVENUE, 7TH FLOOR, NEW YORK NY 10010
Jamie Sharp	officer: Co-Chief Executive Officer	C/O UTA ACQUISITION CORP., 135 5TH AVENUE, 7TH FLOOR, NEW YORK NY 10010
Clinton Foy	director, officer: Co-Chief Executive Officer	C/O UTA ACQUISITION CORP., 135 5TH AVENUE, 7TH FLOOR, NEW YORK NY 10010
Uta Acquisition Sponsor Llc	10 percent owner	C/O UTA ACQUISITION CORP., 135 5TH AVENUE, 7TH FLOOR, NEW YORK NY 10010

UTA Acquisition (UTA Acquisition) Headlines

From GuruFocus

UTA Acquisition Corporation Announces the Separate Trading of Its Class A Ordinary Shares and Warrants, Commencing January 24, 2022

By Business Wire Business Wire • 01-20-2022

UTA Acquisition Corporation Announces Closing of $230 Million Initial Public Offering

By Business Wire Business Wire • 12-06-2021