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. NextGen Healthcare's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.0 Mil. NextGen Healthcare's Revenue for the
three
months ended in Sep. 2023 was $176.4 Mil.
NextGen Healthcare's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.
NextGen Healthcare's Inventory-to-Revenue for the quarter that ended in Sep. 2023
stayed the same
from Jun. 2023 (0.00) to Jun. 2023 (0.00)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NextGen Healthcare's Days Inventory for the
three
months ended in Sep. 2023 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
NextGen Healthcare Inventory-to-Revenue Historical Data
The historical data trend for NextGen Healthcare's Inventory-to-Revenue 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.
Competitive Comparison of NextGen Healthcare's Inventory-to-Revenue
For the Health Information Services subindustry, NextGen Healthcare's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
NextGen Healthcare's Inventory-to-Revenue Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, NextGen Healthcare's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where NextGen Healthcare's Inventory-to-Revenue falls into.
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.
NextGen Healthcare's Inventory-to-Revenue for the fiscal year that ended in Mar. 2023 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NextGen Healthcare's Days Inventory for the
three
months ended in Sep. 2023 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.
NextGen Healthcare Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of NextGen Healthcare's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
NextGen Healthcare (NextGen Healthcare) Business Description
NextGen Healthcare Inc is a United States-based company that provides healthcare solutions. The company offers technology and services platform supports for ambulatory and specialty practices of all sizes. It provides software, services, and analytics solutions to medical and dental group practices.
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