VMG Consumer Acquisition (VMG Consumer Acquisition) Inventory Turnover : 0.00 (As of Mar. 2023)

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

VMG Consumer Acquisition Inventory Turnover Historical Data

The historical data trend for VMG Consumer 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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VMG Consumer Acquisition Inventory Turnover Chart

VMG Consumer Acquisition Annual Data

Trend

Sep21

Sep22

Inventory Turnover

VMG Consumer Acquisition Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

VMG Consumer Acquisition Inventory Turnover Calculation

VMG Consumer Acquisition's Inventory Turnover for the fiscal year that ended in Sep. 2022 is calculated as

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

VMG Consumer Acquisition's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

VMG Consumer Acquisition (NAS:VMGAU) 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.

VMG Consumer Acquisition's Days Inventory for the three months ended in Mar. 2023 is calculated as:

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

VMG Consumer Acquisition's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

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

VMG Consumer Acquisition Inventory Turnover Related Terms

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VMG Consumer Acquisition (VMG Consumer Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » VMG Consumer Acquisition Corp (NAS:VMGAU) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Mesa Street, Suite 310, San Francisco, CA, USA, 94129

Website

https://www.vmgspac.com

VMG Consumer Acquisition Corp is a 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

John Toth	director	HARBORSIDE FINANCIAL CENTER, 3200 PLAZA 5, JERSEY CITY NJ 07311
Angad Hira	officer: See Remarks	C/O VMG CONSUMER ACQUISITION CORP., 39 MESA STREET, SUITE 310, SAN FRANCISCO CA 94129
Aarti Kapoor	director, officer: Chief Executive Officer	C/O VMG CONSUMER ACQUISITION CORP., 39 MESA STREET, SUITE 310, SAN FRANCISCO CA 94129
Jasmin Mia Allen	director	C/O VMG CONSUMER ACQUISITION CORP., 39 MESA STREET, SUITE 310, SAN FRANCISCO CA 94129
Lowell Singer	director	C/O VMG CONSUMER ACQUISITION CORP., 39 MESA STREET, SUITE 310, SAN FRANCISCO CA 94129
Michael L Mauze	director	C/O VMG CONSUMER ACQUISITION CORP., 39 MESA STREET, SUITE 310, SAN FRANCISCO CA 94129
Vmg Consumer Acquisition Holdings, Llc	10 percent owner	C/O VMG CONSUMER ACQUISITION CORP., 39 MESA STREET, SUITE 310, SAN FRANCISCO CA 94129

VMG Consumer Acquisition (VMG Consumer Acquisition) Headlines

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