Turmeric Acquisition (Turmeric Acquisition) Inventory Turnover : 0.00 (As of Jun. 2022)

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What is Turmeric 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. Turmeric Acquisition's Cost of Goods Sold for the three months ended in Jun. 2022 was $0.00 Mil. Turmeric Acquisition's Average Total Inventories for the quarter that ended in Jun. 2022 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.

Turmeric Acquisition Inventory Turnover Historical Data

The historical data trend for Turmeric 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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Turmeric Acquisition Inventory Turnover Chart

Turmeric Acquisition Annual Data

Trend

Dec20

Dec21

Inventory Turnover

Turmeric Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

Turmeric Acquisition Inventory Turnover Calculation

Turmeric Acquisition'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 )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Turmeric Acquisition'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: Mar. 2022 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Turmeric Acquisition (NAS:TMPMU) 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.

Turmeric Acquisition's Days Inventory for the three 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
	=	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.

Turmeric Acquisition'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 )
	=	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.

Turmeric Acquisition Inventory Turnover Related Terms

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Turmeric Acquisition (Turmeric Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 Kendall Street, Cambridge, MA, USA, 02142

Website

https://www.mpmcapital.com

Turmeric Acquisition Corp is a blank check company.

Executives

Luke Evnin	officer: Chief Executive Officer	THE JOHN HANCOCK TOWER, 200 CLARENDON STREET, 54TH STREET, BOSTON MA 02116
Mitchell H. Finer	director	C/O BLUEBIRD BIO, INC., 840 MEMORIAL DRIVE, CAMBRIDGE MA 02139
Edward Hurwitz	officer: Chief Financial Officer
Todd Foley	officer: President	THE JOHN HANCOCK TOWER, 200 CLARENDON STREET 54TH FLOOR, BOSTON MA 02116
Pablo J Cagnoni	director	ONYX PHARMACEUTICALS, INC., 249 E. GRAND AVE., SOUTH SAN FRANCISCO CA 94080
David P Meeker	director	C/O PENWEST PHARMACEUTICALS CO, 39 OLD RIDGEBURY ROAD SUITE 11, DANBURY CT 06810
Andrew R Robbins	director	C/O 3200 WALNUT ST, BOULDER CO 80301
Matthew Roden	director	450 KENDALL STREET, CAMBRIDGE MA 02142
Turmeric Management, Llc	10 percent owner	450 KENDALL STREET, CAMBRIDGE MA 02142
Vinay Bhaskar	officer: Chief Operating Officer	2000 SIERRA POINT PARKWAY, SUITE 701, BRISBANE CA 94005

Turmeric Acquisition (Turmeric Acquisition) Headlines

From GuruFocus

Turmeric Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing December 7, 2020

By Business Wire Business Wire • 12-05-2020

Stemming from SEC Guidance Concerning Balance Sheet Treatment of Warrants, Turmeric Acquisition Corp. Announces Receipt of NASDAQ Continued Listing Standard Notice

By Business Wire Business Wire • 06-04-2021