Edoc Acquisition (Edoc Acquisition) Inventory Turnover : 0.00 (As of Sep. 2023)

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

Edoc Acquisition Inventory Turnover Historical Data

The historical data trend for Edoc 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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Edoc Acquisition Inventory Turnover Chart

Edoc Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Inventory Turnover

Edoc Acquisition Quarterly Data
	Aug20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial								-	-	-	-	-

Edoc Acquisition Inventory Turnover Calculation

Edoc Acquisition's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

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

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

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

Edoc Acquisition (NAS:ADOC) 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.

Edoc 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
	=

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.

Edoc 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
	=

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.

Edoc Acquisition Inventory Turnover Related Terms

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Edoc Acquisition (Edoc Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Edoc Acquisition Corp (NAS:ADOC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

7612 Main Street Fishers, Suite 200, Victor, NY, USA, 14564

Website

https://www.edocmed.net

Edoc Acquisition Corp is a blank check company.

Executives

Yan Michael Li	director	7612 MAIN STREET FISHERS SUITE 200, VICTOR NY 14564
Jintao Zheng	director	7612 MAIN STREET FISHERS SUITE 200, VICTOR NY 14564
Yakira Capital Management, Inc.	10 percent owner	1555 POST ROAD EAST, SUITE 202, WESTPORT CT 06880
Bob Yunjun Ai	director	444 WASHINGTON BLVD, SUITE 3338, JERSEY CITY NJ 07310
Jiuji Yan	director	7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
Gang Li	director	7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
Xiaoping Becky Zhang	10 percent owner	7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
Kevin Chen	director, officer: Chief Executive Officer	7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
American Physicians Llc	10 percent owner	7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564