Spectaire Holdings (Spectaire Holdings) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Spectaire Holdings 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. Spectaire Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil. Spectaire Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.20 Mil. Spectaire Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.00.

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.

Spectaire Holdings Inventory Turnover Historical Data

The historical data trend for Spectaire Holdings'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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Spectaire Holdings Inventory Turnover Chart

Spectaire Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

Spectaire Holdings Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Spectaire Holdings Inventory Turnover Calculation

Spectaire Holdings'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	+	0.243)	/	1 )
=	0	/	0.243
=	0.00

Spectaire Holdings'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	/ (	(0.243	+	0.164)	/	2 )
=	0	/	0.2035
=	0.00

Spectaire Holdings (NAS:SPEC) 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.

Spectaire Holdings'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
	=	0.2035	/	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.

Spectaire Holdings'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 )
	=	0.2035	/	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.

Spectaire Holdings Inventory Turnover Related Terms

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Spectaire Holdings (Spectaire Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Spectaire Holdings Inc (NAS:SPEC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

155 Arlington Street, Watertown, MA, USA, 02472

Website

https://www.spectaire.com

Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.

Executives

Brian Semkiw	director, officer: Chairman & CEO	C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Joerg Mosolf	director	C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Perception Capital Partners Llc	10 percent owner	251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Rui Mendes	officer: Chief Information Officer	C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Gianfranco Baldesarra	director	C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Christopher Grossman	officer: Chief Commercial Officer	C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Leonardo Fernandes	officer: Chief Financial Officer	C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Brian Hemond	director, officer: Chief Technology Officer	C/O SPECTAIRE INC., 155 ARLINGTON STREET, WATERTOWN MA 02472
Northern Pacific Group, L.p.	10 percent owner	251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Owl Creek Asset Management, L.p.	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Tao Tan	director	7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814
Karrie Willis	director	C/O PERCEPTION CAPITAL CORP. II, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Aqr Arbitrage Llc	10 percent owner	ONE GREENWICH PLAZA, GREENWICH CT 06830

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