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The historical rank and industry rank for Certive Solutions's Days Inventory or its related term are showing as below:
CTVEF's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 29.67 * Ranked among companies with meaningful Days Inventory only.
Certive Solutions's Days Inventory
declined
from Feb. 2023 (67.56) to Feb. 2024 (36.58).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Certive Solutions's Inventory Turnover for the
three
months ended in Feb. 2024 was 2.49.
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.
Certive Solutions's Inventory-to-Revenue for the
three
months ended in Feb. 2024 was 0.27.
Certive Solutions (OTCPK:CTVEF) 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.
Certive Solutions's Inventory Turnover for the
three
months ended in Feb. 2024 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.
Certive Solutions's Inventory to Revenue for the
three
months ended in Feb. 2024 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.
Certive Solutions Days Inventory Related Terms
Certive Solutions Days Inventory Historical Data
* Premium members only.
The historical data trend for Certive Solutions'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.
CTVEF vs ESSI, UPHL, LGMK: Days Inventory Comparison
For the Health Information Services subindustry, Certive Solutions'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.
Certive Solutions Days Inventory vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Certive Solutions's Days Inventory distribution charts can be found below:
* The bar in red indicates where Certive Solutions's Days Inventory falls into.
* 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.
Certive Solutions (CTVEF) has a Days Inventory of 36.58 as of Feb. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Certive Solutions and its competitors.
Is Certive Solutions' Days Inventory too high?
Certive Solutions' current Days Inventory is 36.58. The Healthcare Providers & Services industry median Days Inventory is 29.67. Certive Solutions' value of 36.58 is 23.3% above this industry median.
How does Certive Solutions' Days Inventory compare to ESSI and UPHL?
Certive Solutions' Days Inventory of 36.58 can be compared against companies in the Healthcare Providers & Services industry. The industry median Days Inventory is 29.67. Certive Solutions' value of 36.58 is 23.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Healthcare Providers & Services company?
The median Days Inventory among Healthcare Providers & Services companies is 29.67, based on 493 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Certive Solutions's current Days Inventory of 36.58 is 23.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Certive Solutions and its competitors. For the Healthcare Providers & Services industry, the median Days Inventory is 29.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Certive Solutions's current Days Inventory is 36.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Certive Solutions stock overvalued right now?
Certive Solutions (CTVEF) has a current Days Inventory of 36.58. The current Days Inventory is 36.58 and 23.3% above the Healthcare Providers & Services industry median of 29.67. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Certive Solutions (CTVEF), the current Days Inventory is 36.58 as of Feb. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Certive Solutions Inc is a service provider in the Revenue Cycle Management (RCM) segment of the United States healthcare industry. The company provides claims audit and recovery solutions. Along with its subsidiaries, the Titan and Omega divisions provide retrospective claim audits against payer contracts, identify underpayments, and rebill and collect revenues for hospital customers. Its lines of business include billing support, claim audit and recovery, consulting services and chargemaster/lost charge recovery. The Company currently provides services to hospital clients enhancing the efficiency and effectiveness of lost charge recovery services, in revenue-sharing relationships that improve hospital clients net operating results.
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