Performant Financial (Performant Financial) Days Inventory

: 0.00 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Performant Financial's Average Total Inventories for the three months ended in Dec. 2023 was $0.0 Mil. Performant Financial's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.0 Mil.

The historical rank and industry rank for Performant Financial's Days Inventory or its related term are showing as below:

PFMT's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 29.27
* Ranked among companies with meaningful Days Inventory only.

Performant Financial's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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. Performant Financial's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Performant Financial Days Inventory Historical Data

The historical data trend for Performant Financial'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.

Performant Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Performant Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																-	-	-	-	-

Competitive Comparison

For the Specialty Business Services subindustry, Performant Financial'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.

Performant Financial Days Inventory Distribution

For the Business Services industry and Industrials sector, Performant Financial's Days Inventory distribution charts can be found below:

* The bar in red indicates where Performant Financial's Days Inventory falls into.

Performant Financial Days Inventory Calculation

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

Performant Financial's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Performant Financial's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Performant Financial (NAS:PFMT) 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.

Performant Financial's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

Performant Financial's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	32.567
	=	0.00

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.

Performant Financial Days Inventory Related Terms

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

Performant Financial (Performant Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Performant Financial Corp (NAS:PFMT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 North Canyons Parkway, Livermore, CA, USA, 94551

Website

https://www.performantcorp.com

Performant Financial Corp provides technology-enabled recovery and related analytics services in the United States. The company provides its services on an outsourced basis where it handles many or all aspects of its clients' recovery processes. It uses technology-enabled services platform to provide recovery and analytics services in a range of markets for the identification and recovery of student loans, improper healthcare payments and delinquent state tax and federal treasury receivables. The services are primarily offered across a broad range of government and private clients in several markets. The revenue generated here is generally on success-based as it earns fees based on a percentage of the aggregate amount of funds that it enables the clients to recover.

Executives

Prescott Group Capital Management, L.l.c.	10 percent owner	1924 SOUTH UTICA, SUITE 1120, TULSA OK 74104-6429
Rohit Ramchandani	officer: Chief Financial Officer	333 NORTH CANYONS PARKWAY, LIVERMORE CA 94551
Ecmc Group, Inc.	10 percent owner	1 IMATION PLACE, BLDG 2, SUITE 392A, OAKDALE MN 55128
Pcp Managers Gp, Llc	10 percent owner	FOUR EMBARCADERO CENTER, SUITE 3610, SAN FRANCISCO CA 94111
Parthenon Dcs Holdings, Llc	10 percent owner	C/O PARTHENON CAPITAL PARTNERS, FOUR EMBARCADERO CENTER, SAN FRANCISCO CA 94111
Eric Yanagi	director	400 OYSTER POINT BOULEVARD, SUITE 526, SOUTH SAN FRANCISCO CA 94080
Pcp Managers, L.p.	10 percent owner	C/O PARTHENON CAPITAL PARTNERS, FOUR EMBARCADERO CENTER, SUITE 3610, SAN FRANCISCO CA 94111
Pcap Ii, Llc	10 percent owner	C/O PARTHENON CAPITAL PARTNERS, FOUR EMBARCADERO CENTER, SAN FRANCISCO CA 94111
Pcap Partners Ii, Llc	10 percent owner	C/O PARTHENON CAPITAL PARTNERS, FOUR EMBARCADERO CENTER, SAN FRANCISCO CA 94111
Parthenon Investors Ii. L.p.	10 percent owner	C/O PARTHENON CAPITAL PARTNERS, 400 EMBARCADERO CENTER, SAN FRANCISCO CA 94111
James Lacamp	director	333 NORTH CANYONS PARKWAY, LIVERMORE CA 94551
Prescott Group Aggressive Small Cap Lp	10 percent owner	1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529
Prescott Group Aggressive Small Cap Master Fund Gp	10 percent owner	1924 S UTICA SUITE # 1120, TULSA OK 74104-6529
Prescott Group Aggressive Small Cap Ii Lp	10 percent owner	1924 S UTICA SUITE # 1120, TULSA OK 74104-6529
Phil Frohlich	10 percent owner	1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529