FTAC Hera Acquisition (FTAC Hera Acquisition) Total Inventories : $0.00 Mil (As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is FTAC Hera Acquisition Total Inventories?

FTAC Hera Acquisition's total inventories for the quarter that ended in Sep. 2022 was $0.00 Mil. FTAC Hera Acquisition's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Sep. 2022 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. FTAC Hera Acquisition's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.30.

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.

FTAC Hera Acquisition Total Inventories Historical Data

The historical data trend for FTAC Hera 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.

FTAC Hera Acquisition Total Inventories Chart

FTAC Hera Acquisition Annual Data

Trend

Dec21

Total Inventories

FTAC Hera Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Inventories	Get a 7-Day Free Trial			-	-	-	-	-

FTAC Hera 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.

FTAC Hera Acquisition (NAS:HERA) 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.

FTAC Hera Acquisition's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 is

	Net-Net Working Capital Per Share (Q: Sep. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.104	+	0.75 * 0	+	0.5 * 0	-	32.891
-	0	-	0)	/	108.835
=	-0.30

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

FTAC Hera Acquisition's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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

FTAC Hera Acquisition's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2022 )	/	Average Total Inventories (Q: Sep. 2022 )
	=	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.

FTAC Hera Acquisition's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	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.

FTAC Hera Acquisition Total Inventories Related Terms

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

FTAC Hera Acquisition (FTAC Hera Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Hera Acquisition Corp (NAS:HERA) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104

Website

FTAC Hera Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.

Executives

Laura Kohn	director	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Daniel G Cohen	officer: President and CEO	712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Douglas Listman	officer: CFO and Secretary	2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Mei Mei Tuan	director	C/O THE BANCORP, INC., 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Betsy Z Cohen	director
Brittain Ezzes	director	2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Jan Rock Zubrow	director	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Jewelle Bickford	director	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Leah Popowich	director	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Hera Sponsor, Llc	10 percent owner	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Hera Advisors, Llc	10 percent owner	2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104

FTAC Hera Acquisition (FTAC Hera Acquisition) Headlines

From GuruFocus

Saba Capital Management, L.P. Buys FTAC Zeus Acquisition Corp, Semper Paratus Acquisition Corp, Founder SPAC, Sells Invesco Dynamic Credit Opportunities Fund, Reinvent Technology Partners Y, Invesco Senior Income Trust

By GuruFocusNews insider • 03-14-2022

By GuruFocusNews insider • 03-08-2022

By GuruFocusNews insider • 03-09-2022

FTAC Hera Acquisition Corp. Ordinary Shares and Warrants to Commence Trading Separately on April 26, 2021

By Marketwired Marketwired • 04-21-2021

By GuruFocusNews insider • 03-23-2022

By GuruFocusNews insider • 02-17-2022

FTAC Hera Acquisition Corp. Announces Completion of $851 million Initial Public Offering, Including Partial Exercise of Over-Allotment Option

By Marketwired Marketwired • 03-10-2021

By GuruFocusNews insider • 03-03-2022

By GuruFocusNews insider • 03-29-2022

FTAC Hera Acquisition Corp. Announces it Will Redeem its Public Shares

By sperokesalga sperokesalga • 02-17-2023