Tempo Automation Holdings (Tempo Automation Holdings) Days Inventory : 83.14 (As of Mar. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Tempo Automation Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tempo Automation Holdings's Average Total Inventories for the three months ended in Mar. 2023 was $2.46 Mil. Tempo Automation Holdings's Cost of Goods Sold for the three months ended in Mar. 2023 was $2.70 Mil. Hence, Tempo Automation Holdings's Days Inventory for the three months ended in Mar. 2023 was 83.14.

The historical rank and industry rank for Tempo Automation Holdings's Days Inventory or its related term are showing as below:

TMPOQ's Days Inventory is not ranked ^*
in the Hardware industry.
Industry Median: 101.78
* Ranked among companies with meaningful Days Inventory only.

Tempo Automation Holdings's Days Inventory increased from Dec. 2021 (20.66) to Mar. 2023 (83.14). It might indicate that Tempo Automation Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tempo Automation Holdings's Inventory Turnover for the three months ended in Mar. 2023 was 1.10.

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. Tempo Automation Holdings's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.89.

Tempo Automation Holdings Days Inventory Historical Data

The historical data trend for Tempo Automation Holdings's Days Inventory 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.

Tempo Automation Holdings Days Inventory Chart

Tempo Automation Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Days Inventory

4.35

13.11

58.77

Tempo Automation Holdings Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23
Days Inventory	Get a 7-Day Free Trial			20.66	21.96	126.17	96.59	83.14

Competitive Comparison of Tempo Automation Holdings's Days Inventory

For the Electronic Components subindustry, Tempo Automation Holdings's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tempo Automation Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tempo Automation Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tempo Automation Holdings's Days Inventory falls into.

Tempo Automation Holdings Days Inventory Calculation

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

Tempo Automation Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.879	+	2.578)	/	2 )	/	10.736	*	365
=	1.7285					/	10.736	*	365
=	58.77

Tempo Automation Holdings's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (2.578	+	2.342)	/	2 )	/	2.7	*	365 / 4
=	2.46					/	2.7	*	365 / 4
=	83.14

Tempo Automation Holdings (OTCPK:TMPOQ) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Tempo Automation Holdings's Inventory Turnover for the three months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.7	/	2.46
	=	1.10

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.

Tempo Automation Holdings's Inventory to Revenue for the three months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.46	/	2.773
	=	0.89

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Tempo Automation Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Tempo Automation Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Tempo Automation Holdings (Tempo Automation Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tempo Automation Holdings Inc (OTCPK:TMPOQ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2460 Alameda Street, San Francisco, CA, USA, 94103

Website

https://www.tempoautomation.com

Tempo Automation Holdings Inc is a software-accelerated electronics manufacturer, transforming the way top companies innovate and bring new products to market. Tempo's automated manufacturing platform optimizes the complex process of printed circuit board manufacturing to deliver unmatched quality, speed, and agility. The platform's all-digital process automation, data-driven intelligence, and connected smart factory create a distinctive competitive advantage for customers to deliver tomorrow's products today.

Executives

Sqn Venture Partners, Llc	10 percent owner	320 BROAD STREET, SUITE 250, CHARLESTON SC 29401
Jacqueline D. Schneider	director	5540 PIONEER CREEK DRIVE, MAPLE PLAIN MN 55359
Point72 Private Investments, Llc	10 percent owner	72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Matthew W Granade	director	C/O TEMPO AUTOMATION, INC., 2460 ALAMEDA STREET, SAN FRANCISCO CA 94103
Joy Weiss	director, officer: President & CEO	C/O TEMPO AUTOMATION, INC., 2460 ALAMEDA STREET, SAN FRANCISCO CA 94103
Ace Equity Partners Llc	10 percent owner	1013 CENTRE ROAD, SUITE 4035, WILINGTON DE 19805
Cohen Steven A/sac Capital Mgmt Lp	10 percent owner	C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
David Young Ko	10 percent owner	1013 CENTRE ROAD, SUITE 4035, WILINGTON DE 19805
Ace Equity Partners International Pte Ltd.	10 percent owner	1013 CENTRE ROAD, SUITE 4035, WILINGTON DE 19805
Ace So5 Holdings Ltd	10 percent owner	8 MARINA VIEW, ASIA SQUARE TOWER 1, #43-01, SINGAPORE U0 018960
Highbridge Capital Management Llc	10 percent owner	277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Sunny Siu	director, officer: President	C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Denis Tse	director, officer: Secretary	C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Minyoung Park	officer: Chief Financial Officer	C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Raquel Chmielewski	director	C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805