Performant Financial (Performant Financial) Total Inventories : $0.0 Mil (As of Dec. 2023)

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What is Performant Financial Total Inventories?

Performant Financial's total inventories for the quarter that ended in Dec. 2023 was $0.0 Mil. Performant Financial's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Performant Financial's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.03.

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

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 quarter that ended in Dec. 2023 was 0.00.

Performant Financial Total Inventories Historical Data

The historical data trend for Performant Financial'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.

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Performant Financial Total Inventories Chart

Performant Financial Annual Data

Trend

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Dec23

Total Inventories

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Performant Financial 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															-	-	-	-	-

Performant Financial 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.

Performant Financial (NAS:PFMT) 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.

Performant Financial'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)
=	(7.252	+	0.75 * 17.584	+	0.5 * 0	-	18.323
-	0	-	0)	/	76.9205
=	0.03

2. 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 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	/	0	*	365 / 4
	=

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

Performant Financial'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 )
	=	0	/	0
	=	N/A

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.

Performant Financial'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	/	32.567
	=	0.00

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.

Performant Financial Total Inventories Related Terms

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Performant Financial (Performant Financial) Business Description

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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