GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FirstMark Horizon Acquisition Corp (NYSE:FMAC) » Definitions » Total Inventories

FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Total Inventories : $0.00 Mil (As of Aug. 2020)


View and export this data going back to 2020. Start your Free Trial

What is FirstMark Horizon Acquisition Total Inventories?

FirstMark Horizon Acquisition's total inventories for the quarter that ended in Aug. 2020 was $0.00 Mil. FirstMark Horizon Acquisition's average total inventories from the quarter that ended in . 20 to the quarter that ended in Aug. 2020 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. FirstMark Horizon Acquisition's Net-Net Working Capital per share for the quarter that ended in Aug. 2020 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.


FirstMark Horizon Acquisition Total Inventories Historical Data

The historical data trend for FirstMark Horizon 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.

* Premium members only.

FirstMark Horizon Acquisition Total Inventories Chart

FirstMark Horizon Acquisition Annual Data
Trend Dec20
Total Inventories
-

FirstMark Horizon Acquisition Semi-Annual Data
Aug20
Total Inventories -

FirstMark Horizon 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.


FirstMark Horizon Acquisition  (NYSE:FMAC) 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.

FirstMark Horizon Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2020 is

Net-Net Working Capital Per Share (Q: Aug. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.025+0.75 * 0+0.5 * 0-0.018
-0-0)/0
=N/A

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

FirstMark Horizon Acquisition's Days Inventory for the six months ended in Aug. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Aug. 2020 )/Cost of Goods Sold (Q: Aug. 2020 )*Days in Period
=0/0*365 / 2
=

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

FirstMark Horizon Acquisition's Inventory Turnover for the quarter that ended in Aug. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Aug. 2020 ) / Average Total Inventories (Q: Aug. 2020 )
=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.

FirstMark Horizon Acquisition's Inventory to Revenue for the quarter that ended in Aug. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2020 ) / Revenue (Q: Aug. 2020 )
=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.


FirstMark Horizon Acquisition Total Inventories Related Terms

Thank you for viewing the detailed overview of FirstMark Horizon Acquisition's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
100 5th Avenue, 3rd Floor, New York, NY, USA, 10011
FirstMark Horizon Acquisition Corp is a blank check company.
Executives
Luis A Ubinas director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065-1175
Jason Robins director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Frederick Ball director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Richard R Heitzmann director, officer: CEO 500 NYALA FARM ROAD, WESTPORT CT 06880
Amish A Jani director, officer: President
Firstmark Horizon Sponsor Llc director, 10 percent owner 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Allison Goldberg director C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Daniel Gaisin officer: Chief Financial Officer C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Eric D. Cheung officer: Secretary C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011