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Tempus Holdings (Tempus Holdings) Inventory Turnover : 2.68 (As of Jun. 2022)


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What is Tempus 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. Tempus Holdings's Cost of Goods Sold for the six months ended in Jun. 2022 was $12.62 Mil. Tempus Holdings's Average Total Inventories for the quarter that ended in Jun. 2022 was $4.71 Mil. Tempus Holdings's Inventory Turnover for the quarter that ended in Jun. 2022 was 2.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tempus Holdings's Days Inventory for the six months ended in Jun. 2022 was 68.03.

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. Tempus Holdings's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.19.


Tempus Holdings Inventory Turnover Historical Data

The historical data trend for Tempus 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.

* Premium members only.

Tempus Holdings Inventory Turnover Chart

Tempus Holdings Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.63 8.83 6.00 5.83 6.63

Tempus Holdings Semi-Annual Data
Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.62 3.57 3.26 3.52 2.68

Tempus Holdings Inventory Turnover Calculation

Tempus Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Inventory Turnover (A: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2021 ) / ((Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count )
=30.745 / ((4.593 + 4.688) / 2 )
=30.745 / 4.6405
=6.63

Tempus Holdings's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

Inventory Turnover (Q: Jun. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2022 ) / ((Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Jun. 2022 )) / count )
=12.624 / ((4.688 + 4.723) / 2 )
=12.624 / 4.7055
=2.68

* 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.


Tempus Holdings  (OTCPK:TMPHF) 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.

Tempus Holdings's Days Inventory for the six months ended in Jun. 2022 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2022 )/Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=4.7055/12.624*365 / 2
=68.03

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.

Tempus Holdings's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=4.7055 / 24.475
=0.19

* 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.


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.


Tempus Holdings Inventory Turnover Related Terms

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Tempus Holdings (Tempus Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Number 9 Des Voeux Road West, 28th Floor, Hong Kong, HKG
Tempus Holdings Ltd is principally engaged in sale and development of health and wellness products. The company's segment includes Sales of Health and wellness products business and Trading business. The Sales of Health and wellness services segment includes sales and research and development of health and wellness related products. The Trading segment includes Trading and distribution of consumer products. Its product comprises of relaxation, fitness, therapeutic, diagnostic and cookware products. The company operates its business in Hong Kong, Macau, and the People's Republic of China, Malaysia, and Singapore.

Tempus Holdings (Tempus Holdings) Headlines

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