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TruBridge (TruBridge) Total Inventories : $0.5 Mil (As of Dec. 2023)


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What is TruBridge Total Inventories?

TruBridge's total inventories for the quarter that ended in Dec. 2023 was $0.5 Mil. TruBridge's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. TruBridge's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-13.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TruBridge's Days Inventory for the three months ended in Dec. 2023 was 1.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. TruBridge's Inventory Turnover for the quarter that 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 quarter that ended in Dec. 2023 was 0.01.


TruBridge Total Inventories Historical Data

The historical data trend for TruBridge's Total Inventories 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.

TruBridge Total Inventories Chart

TruBridge Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 1.08 0.86 0.78 0.48

TruBridge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 1.18 0.96 0.94 0.48

TruBridge Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


TruBridge  (NAS:TBRG) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

TruBridge's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.848+0.75 * 59.723+0.5 * 0.475-247.804
-0-0)/14.549
=-13.67

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

TruBridge's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.708/43.695*365 / 4
=1.48

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

TruBridge's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=43.695 / 0.708
=61.72

4. 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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.708 / 85.868
=0.01

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


TruBridge Total Inventories Related Terms

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TruBridge (TruBridge) Business Description

Traded in Other Exchanges
Address
54 St. Emanuel Street, Mobile, AL, USA, 36602
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.
Executives
Mark V Anquillare director C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
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
Christopher L Fowler officer: COO and President (TruBridge) 6600 WALL STREET, MOBILE AL 36695
Robert D Hinckle officer: Senior VP - Client Services COMPUTER PROGRAMS AND SYSTEMS, INC., 6600 WALL STREET, MOBILE AL 36695
Glenn Tobin director CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117
James Patrick Murphy officer: SVP, TruBridge, Bus. Service 54 ST. EMANUEL STREET, MOBILE AL 36602
Amaris Angelica Mccomas officer: Chief People Officer 54 ST. EMANUEL STREET, MOBILE AL 36602
Claire Stephens officer: SVP, Post Acute Care 54 ST. EMANUEL STREET, MOBILE AL 36602
Dawn M Severance officer: SVP of TruBridge, Sales 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