MARX (Mars Acquisition) Total Inventories : $0.00 Mil (As of Jun. 2024)

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What is Mars Acquisition Total Inventories?

Mars Acquisition's total inventories for the quarter that ended in Jun. 2024 was $0.00 Mil. Mars Acquisition's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mars Acquisition's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-0.15.

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.

Mars Acquisition Total Inventories Historical Data

The historical data trend for Mars 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.

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Mars Acquisition Total Inventories Chart

Mars Acquisition Annual Data

Trend

Sep21

Sep22

Sep23

Total Inventories

Mars Acquisition Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Inventories	Get a 7-Day Free Trial						-	-	-	-	-

Mars 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.

Mars Acquisition (NAS:MARX) 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.

Mars Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.207	+	0.75 * 0	+	0.5 * 0	-	0.892
-	0	-	0)	/	4.47343
=	-0.15

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

Mars Acquisition's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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

Mars Acquisition's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	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.

Mars Acquisition's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0	/	0
	=

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.

Mars Acquisition Total Inventories Related Terms

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Mars Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mars Acquisition Corp (NAS:MARX) » Definitions » Total Inventories

Comparable Companies

BNIX MDWK QOMO DIST AQU FRLA CNXX INTE WAVS AASP AACT ANSC EQV AAM NETD CCIX GPAT ALF MBAV IPXX

Traded in Other Exchanges

N/A

Address

1177 Avenue of The Americas, Suite 5100, Americas Tower, New York, NY, USA, 10036

Website

Mars Acquisition Corp is a blank check company.

Executives

Yenyou Zheng	director	1055 WEST HASTINGS STREET, SUITE 1980, VANCOUVER A1 V6E 2E9
Xin He	director	32000 AURORA ROAD, SUITE B, SOLON OH 44139
James M. Jenkins	director	1600 BAUSCH & LOMB PLACE, ROCHESTER NY 14604
Karl Brenza	director	26 CHERRY STREET, KATONAH NY 10536
Yang Liu	director	59 FREDERICKS ST, WEST ORANGE NJ 07052
Shanchun Huang	director	PUDONG BUILDING, 2ND FLOOR,, JIULONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000
Xiaochen Zhao	director	1177 AVENUE OF THE AMERICAS, SUITE 5100, NEW YORK NY 10036