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TBRG (TruBridge) Inventory Turnover : 48.56 (As of Dec. 2024)


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What is TruBridge Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. TruBridge's Cost of Goods Sold for the three months ended in Dec. 2024 was $41.1 Mil. TruBridge's Average Total Inventories for the quarter that ended in Dec. 2024 was $0.8 Mil. TruBridge's Inventory Turnover for the quarter that ended in Dec. 2024 was 48.56.

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. 2024 was 1.88.

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. 2024 was 0.01.


TruBridge Inventory Turnover Historical Data

The historical data trend for TruBridge's Inventory Turnover 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 Inventory Turnover Chart

TruBridge Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.18 140.05 203.22 279.38 271.39

TruBridge Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory Turnover 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 61.72 57.40 48.89 49.35 48.56

TruBridge Inventory Turnover Calculation

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

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=168.531 / ((0.475 + 0.767) / 2 )
=168.531 / 0.621
=271.39

TruBridge's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=41.059 / ((0.924 + 0.767) / 2 )
=41.059 / 0.8455
=48.56

* 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.


TruBridge  (NAS:TBRG) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0.8455/41.059*365 / 4
=1.88

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.

TruBridge's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=0.8455 / 90.84
=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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


TruBridge Inventory Turnover Related Terms

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TruBridge Business Description

Traded in Other Exchanges
Address
54 Street Emanuel Street, Mobile, AL, USA, 36602
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