Redwoods Acquisition (Redwoods Acquisition) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Redwoods 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. Redwoods Acquisition's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil. Redwoods Acquisition's Average Total Inventories for the quarter that ended in Mar. 2024 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.

Redwoods Acquisition Inventory Turnover Historical Data

The historical data trend for Redwoods 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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Redwoods Acquisition Inventory Turnover Chart

Redwoods Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

Redwoods Acquisition Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial							-	-	-	-	-

Redwoods Acquisition Inventory Turnover Calculation

Redwoods 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

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

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Redwoods Acquisition (NAS:RWOD) 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.

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

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	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.

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

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

Redwoods Acquisition Inventory Turnover Related Terms

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Redwoods Acquisition (Redwoods Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1115 Broadway, 12th Floor, New York, NY, USA, 10010

Website

Redwoods Acquisition Corp is a is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.

Executives

Jiande Chen	director, officer: Chief Executive Officer	IMAX CORPORATION, A401-410 TOMORROW SQUA, SHANGHAI F4 200003
Raymond John Gibbs	director	521 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10175
Wang Cong Edward	director, officer: Chief Financial Officer	521 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10175
Redwoods Capital Llc	10 percent owner	1115 BROADWAY, 12TH FLOOR, NEW YORK NY 10010
Weikwang Ng	director	1115 BROADWAY, 12TH FLOOR, NEW YORK NY 10010
Hong Jeff Li	director	1115 BROADWAY, 12TH FLOOR, NEW YORK NM 10010

Redwoods Acquisition (Redwoods Acquisition) Headlines

From GuruFocus

ANEW MEDICAL, INC. Enters Into Definitive Merger Agreement with Redwoods Acquisition Corp.

By PRNewswire PRNewswire • 05-30-2023

ANEW MEDICAL, INC. (OTC: LEAS) and Redwoods Acquisition Corp. (NASDAQ: RWOD) Entered into a Definitive Merger Agreement

By PRNewswire PRNewswire • 06-06-2023

Redwoods Acquisition Corp. Announces Receipt of Nasdaq Listing Delinquency Letter and Nasdaq Listing Compliance Determination Letter

By PRNewswire PRNewswire • 05-31-2023

Redwoods Acquisition Corp. Announces the Separate Trading of its Common Stock, Warrants and Rights, Commencing April 29, 2022

By PRNewswire PRNewswire • 04-27-2022

Redwoods Acquisition Corp. Announces Closing of $100 Million Initial Public Offering

By GuruFocusNews GuruFocusNews • 04-04-2022