CloudMD Software & Services (CloudMD Software & Services) Change In Inventory : $-0.21 Mil (TTM As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is CloudMD Software & Services Change In Inventory?

CloudMD Software & Services's change in inventory for the quarter that ended in Mar. 2024 was $0.00 Mil. It means CloudMD Software & Services's inventory stayed the same from Dec. 2023 to Mar. 2024 .

CloudMD Software & Services's change in inventory for the fiscal year that ended in Dec. 2023 was $0.37 Mil. It means CloudMD Software & Services's inventory declined by $0.37 Mil from Dec. 2022 to Dec. 2023 .

CloudMD Software & Services's Total Inventories for the quarter that ended in Mar. 2024 was $0.01 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CloudMD Software & Services's Days Inventory for the quarter that ended in Mar. 2024 was 0.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. CloudMD Software & Services's Inventory Turnover for the quarter that ended in Mar. 2024 was 816.62.

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. CloudMD Software & Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

CloudMD Software & Services Change In Inventory Historical Data

The historical data trend for CloudMD Software & Services's Change In 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.

CloudMD Software & Services Change In Inventory Chart

CloudMD Software & Services Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

0.02

0.05

-0.28

0.96

0.37

CloudMD Software & Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															0.57	0.06	0.04	-0.32	-

CloudMD Software & Services Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.21 Mil.

CloudMD Software & Services (OTCPK:DOCRF) Change In Inventory Explanation

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

CloudMD Software & Services's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.013	/	10.616	*	365 / 4
	=	0.11

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

CloudMD Software & Services's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.616	/	0.013
	=	816.62

3. 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.

CloudMD Software & Services's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.013	/	16.848
	=	0.00

CloudMD Software & Services Change In Inventory Related Terms

Thank you for viewing the detailed overview of CloudMD Software & Services's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

CloudMD Software & Services (CloudMD Software & Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » CloudMD Software & Services Inc (OTCPK:DOCRF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

DOC:Canada

Address

885 West Georgia Street, 2200 HSBC Building, Vancouver, BC, CAN, V6C 3E8

Website

https://www.cloudmd.ca

CloudMD Software & Services Inc is digitizing the delivery of healthcare by providing patients access to all points of their care from their phone, tablet or desktop computer. The company offers SAAS-based health technology solutions to medical clinics across Canada and has developed proprietary technology that delivers quality healthcare through the combination of connected primary care clinics, telemedicine, and artificial intelligence (AI). It has two segments Digital Health Solutions and Enterprise Health Solutions.