Certive Solutions (Certive Solutions) Days Inventory : 54.28 (As of Nov. 2023)

Certive Solutions Days Inventory Chart

Certive Solutions Annual Data
	Trend	May14	May15	May16	May17	May18	May19	May20	May21	May22	May23
Days Inventory		Get a 7-Day Free Trial					96.16	106.29	84.79	63.17	41.43

Certive Solutions Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Inventory	Get a 7-Day Free Trial															79.08	67.56	49.93	57.82	54.28

Competitive Comparison of Certive Solutions's Days Inventory

For the Health Information Services subindustry, Certive Solutions'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.

Certive Solutions's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Certive Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Certive Solutions's Days Inventory falls into.

Certive Solutions Days Inventory Calculation

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

Certive Solutions's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

Certive Solutions's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

* 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.

Certive Solutions  (OTCPK:CTVEF) 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.

Certive Solutions's Inventory Turnover for the three months ended in Nov. 2023 is calculated as

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.

Certive Solutions's Inventory to Revenue for the three months ended in Nov. 2023 is calculated as

* 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

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.

Certive Solutions Days Inventory Related Terms

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

Certive Solutions (Certive Solutions) Business Description