ALTUW (Altitude Acquisition) Total Inventories: $0.00 Mil (As of Sep. 2023)

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ALTUW Altitude Acquisition Corp ALTUW
23 GF Score
Price $0.00
! 2 Warning Signs
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What is Altitude Acquisition Total Inventories?

Altitude Acquisition ALTUW 23 Total Inventories is $0.00 Mil as of Sep. 2023. GuruFocus rates ALTUW with a GF Score™ of 23/100. The stock has 2 warning signs investors should review.

Altitude Acquisition's total inventories for the quarter that ended in Sep. 2023 was $0.00 Mil. Altitude Acquisition's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Altitude Acquisition's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.


Altitude Acquisition  (NAS:ALTUW) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Altitude Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.001+0.75 * 0+0.5 * 0-22.579
-0-0)/0
=N/A

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0/0*365 / 4
=

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

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

4. 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.

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

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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Altitude Acquisition Total Inventories Related Terms


Altitude Acquisition Total Inventories Historical Data

* Premium members only.

The historical data trend for Altitude Acquisition's Total Inventories 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.

Altitude Acquisition Total Inventories Chart

Altitude Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Total Inventories
0.00 0.00 0.00

Altitude Acquisition Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
ALTUW
23GF Score
Altitude Acquisition Corp ALTUW
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Altitude Acquisition Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.00 Mil mean?
Altitude Acquisition (ALTUW) has a Total Inventories of $0.00 Mil as of Sep. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Altitude Acquisition and its competitors.
Is Altitude Acquisition's Total Inventories too high?
Altitude Acquisition's current Total Inventories is $0.00 Mil. Overall, Altitude Acquisition has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Altitude Acquisition's Total Inventories compare to BLEU and BITE?
Altitude Acquisition's Total Inventories of $0.00 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Diversified Financial Services company?
A good Total Inventories depends on the Diversified Financial Services industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Altitude Acquisition and its competitors. Altitude Acquisition's current Total Inventories is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altitude Acquisition stock overvalued right now?
Altitude Acquisition (ALTUW) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. Altitude Acquisition's overall GF Score™ is 23/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Altitude Acquisition (ALTUW), the current Total Inventories is $0.00 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Altitude Acquisition Business Description

Address 400 Perimeter Center Terrace, Suite 151, Atlanta, GA, USA, 30346
Altitude Acquisition Corp is a blank check company.
23GF Score

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