Andretti Acquisition (Andretti Acquisition) Inventory Turnover : 0.00 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

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

Andretti Acquisition Inventory Turnover Historical Data

The historical data trend for Andretti 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.

* Premium members only.

Andretti Acquisition Inventory Turnover Chart

Andretti Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

Andretti Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial							-	-	-	-	-

Andretti Acquisition Inventory Turnover Calculation

Andretti Acquisition'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

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

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

Andretti Acquisition (NYSE:WNNR) 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.

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

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

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

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

Andretti Acquisition Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Andretti Acquisition's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Andretti Acquisition (Andretti Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Andretti Acquisition Corp (NYSE:WNNR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

7615 Zionsville Road, Indianapolis, IN, USA, 46268

Website

https://andrettiacquisition.com

Andretti 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

William Matthew Brown	officer: See Remarks	331 N. MAIN ST., EULESS TX 76039
William J Sandbrook	director, officer: See Remarks	C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
James W Keyes	director	4500 WESTGROVE DR. SUITE 222, ADDISON TX 75001
Cassandra S. Lee	director	7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Gerald D Putnam	director	100 SOUTH WACKER DRIVE, SUITE 1800, CHICAGO IL 60606
Michael Andretti	director, officer: See Remarks	4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Andretti Sponsor Llc	director, 10 percent owner, officer: See Remarks	7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
John J. Romanelli	director	7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Zakary C. Brown	director	7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268