TBRG (TruBridge) Days Payable : 32.30 (As of Dec. 2024)

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What is TruBridge Days Payable?

TruBridge's average Accounts Payable for the three months ended in Dec. 2024 was $14.5 Mil. TruBridge's Cost of Goods Sold for the three months ended in Dec. 2024 was $41.1 Mil. Hence, TruBridge's Days Payable for the three months ended in Dec. 2024 was 32.30.

The historical rank and industry rank for TruBridge's Days Payable or its related term are showing as below:

TBRG' s Days Payable Range Over the Past 10 Years
Min: 15.62 Med: 19.4 Max: 28.77
Current: 28.77

During the past 13 years, TruBridge's highest Days Payable was 28.77. The lowest was 15.62. And the median was 19.40.

TBRG's Days Payable is ranked worse than
76.62% of 603 companies
in the Healthcare Providers & Services industry
Industry Median: 58.62 vs TBRG: 28.77

TruBridge's Days Payable increased from Dec. 2023 (24.54) to Dec. 2024 (32.30). It may suggest that TruBridge delayed paying its suppliers.

TruBridge Days Payable Historical Data

The historical data trend for TruBridge's Days Payable 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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TruBridge Days Payable Chart

TruBridge Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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23.51

21.23

16.56

17.82

27.26

TruBridge Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															24.54	23.48	28.64	32.18	32.30

Competitive Comparison of TruBridge's Days Payable

For the Health Information Services subindustry, TruBridge's Days Payable, along with its competitors' market caps and Days Payable 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 Payable Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where TruBridge's Days Payable falls into.

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TruBridge Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

TruBridge's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (10.133	+	15.04)	/	2 )	/	168.531	*	365
=	12.5865					/	168.531	*	365
=	27.26

TruBridge's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (14.028	+	15.04)	/	2 )	/	41.059	*	365 / 4
=	14.534					/	41.059	*	365 / 4
=	32.30

TruBridge Days Payable Related Terms

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

TruBridge Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » TruBridge Inc (NAS:TBRG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PS1:Germany

Address

54 Street Emanuel Street, Mobile, AL, USA, 36602

Website

https://www.trubridge.com

TruBridge Inc is a provider of healthcare solutions and services for community hospitals, clinics, and other healthcare systems. It provides services such as Electronic health records & information systems, revenue cycle management, population health, and data management, etc. The segments of the company are Revenue Cycle Management (RCM), (ii) Electronic Health Records (EHR), and (iii) Patient Engagement The company derives maximum revenue from the RCM segment.

Executives

Christopher L Fowler	officer: COO and President (TruBridge)	6600 WALL STREET, MOBILE AL 36695
Mark V Anquillare	director	C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
Glenn Tobin	director	CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117
Lance Park	officer: VP Finance & Controller	54 ST. EMANUEL STREET, MOBILE AL 36602
Kevin Plessner	officer: General Counsel	54 ST. EMANUEL STREET, MOBILE AL 36602
Wes Cronkite	officer: Chief Technology & Innovation	54 ST. EMANUEL STREET, MOBILE AL 36602
David A Dye	director, officer: Chief Growth Officer	1307 CAPTAIN O'NEAL DR., DAPHNE AL 36526
Robert D Hinckle	officer: Senior VP - Client Services	COMPUTER PROGRAMS AND SYSTEMS, INC., 6600 WALL STREET, MOBILE AL 36695
James Patrick Murphy	officer: SVP, TruBridge, Bus. Service	54 ST. EMANUEL STREET, MOBILE AL 36602
Dawn M Severance	officer: SVP of TruBridge, Sales	54 ST. EMANUEL STREET, MOBILE AL 36602
Claire Stephens	officer: SVP, Post Acute Care	54 ST. EMANUEL STREET, MOBILE AL 36602
Amaris Angelica Mccomas	officer: Chief People Officer	54 ST. EMANUEL STREET, MOBILE AL 36602
Douglas John B Jr	director, officer: President and CEO	333 DALEWOOD DR., MOBILE AL 36608
Troy D Rosser	officer: Senior Vice President - Sales	COMPUTER PROGRAMS & SYSTEMS, INC., 6600 WALL STREET, MOBILE AL 36695
Matt J Chambless	officer: CFO, Secretary & Treasurer	6600 WALL STREET, MOBILE AL 36695