Days Inventory is also known as Days Sales of Inventory (DSI). TruBridge's Average Total Inventories for the
three
months ended in Dec. 2023 was $0.7 Mil. TruBridge's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $43.7 Mil.
Hence, TruBridge's Days Inventory for the
three
months ended in Dec. 2023 was 1.48.
The historical rank and industry rank for TruBridge's Days Inventory or its related term are showing as below:
TBRG'
s Days Inventory Range Over the Past 10 Years
Min: 1.31 Med: 4.08 Max: 6.09
Current: 1.8
During the past 13 years, TruBridge's highest Days Inventory was 6.09. The lowest was 1.31. And the median was 4.08.
TBRG's Days Inventory is ranked better than 94.89% of 470
companies
in the Healthcare Providers & Services industry
Industry Median: 32.305
vs TBRG: 1.80
TruBridge's Days Inventory
declined
from Dec. 2022 (2.60) to Dec. 2023 (1.48).
Inventory Turnover measures how fast the company turns over its inventory within a year.
TruBridge's Inventory Turnover for the
three
months ended in Dec. 2023 was 61.72.
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.
TruBridge's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.01.
TruBridge Days Inventory Historical Data
The historical data trend for TruBridge'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.
Competitive Comparison of TruBridge's Days Inventory
For the Health Information Services subindustry, TruBridge'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.
TruBridge's Days Inventory Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, TruBridge's Days Inventory distribution charts can be found below:
* The bar in red indicates where TruBridge's Days Inventory falls into.
TruBridge Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
TruBridge's Days Inventory for the fiscal year that ended in Dec. 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.
TruBridge (NAS:TBRG) 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.
TruBridge's Inventory Turnover for the
three
months ended in Dec. 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.
TruBridge's Inventory to Revenue for the
three
months ended in Dec. 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.
TruBridge Days Inventory Related Terms
Thank you for viewing the detailed overview of TruBridge's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Computer Programs and Systems Inc is a provider of healthcare solutions and services for community hospitals and post-acute care facilities. The company's segment includes Acute Care EHR, Post-acute Care EHR, and TruBridge. Acute Care EHR segment consists of acute care software solutions and support sales generated by Evident and Health and. Post-acute Care EHR segment consists of post-acute care software solutions and support sales generated by AHT, and TruBridge segment primarily consists of business management, consulting and managed IT services sales generated by TruBridge and the sale of Rycan's revenue cycle management workflow and automation software. It generates a majority of its revenue from the Acute Care EHR segment.
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