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CCLDP.PFD (CareCloud) Days Inventory : 3.49 (As of Mar. 2025)


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What is CareCloud Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CareCloud's Average Total Inventories for the three months ended in Mar. 2025 was $0.59 Mil. CareCloud's Cost of Goods Sold for the three months ended in Mar. 2025 was $15.46 Mil. Hence, CareCloud's Days Inventory for the three months ended in Mar. 2025 was 3.49.

The historical rank and industry rank for CareCloud's Days Inventory or its related term are showing as below:

CCLDP.PFD' s Days Inventory Range Over the Past 10 Years
Min: 1.89   Med: 2.51   Max: 5.19
Current: 3.19

During the past 13 years, CareCloud's highest Days Inventory was 5.19. The lowest was 1.89. And the median was 2.51.

CCLDP.PFD's Days Inventory is ranked better than
93.57% of 482 companies
in the Healthcare Providers & Services industry
Industry Median: 31.135 vs CCLDP.PFD: 3.19

CareCloud's Days Inventory increased from Mar. 2024 (2.84) to Mar. 2025 (3.49). It might indicate that CareCloud's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CareCloud's Inventory Turnover for the three months ended in Mar. 2025 was 26.14.

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. CareCloud's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.02.


CareCloud Days Inventory Historical Data

The historical data trend for CareCloud'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.

* Premium members only.

CareCloud Days Inventory Chart

CareCloud Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 1.89 1.91 2.18 3.12

CareCloud Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Inventory 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 2.84 2.92 2.99 3.31 3.49

Competitive Comparison of CareCloud's Days Inventory

For the Health Information Services subindustry, CareCloud'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.


CareCloud's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, CareCloud's Days Inventory distribution charts can be found below:

* The bar in red indicates where CareCloud's Days Inventory falls into.


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CareCloud Days Inventory Calculation

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

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

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0.465 + 0.574) / 2 ) / 60.842*365
=0.5195 / 60.842*365
=3.12

CareCloud's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (0.574 + 0.609) / 2 ) / 15.464*365 / 4
=0.5915 / 15.464*365 / 4
=3.49

* 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.


CareCloud  (NAS:CCLDP.PFD) 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.

CareCloud's Inventory Turnover for the three months ended in Mar. 2025 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.

CareCloud's Inventory to Revenue for the three months ended in Mar. 2025 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.


CareCloud Days Inventory Related Terms

Thank you for viewing the detailed overview of CareCloud's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


CareCloud Business Description

Traded in Other Exchanges
Address
7 Clyde Road, Somerset, NJ, USA, 08873
CareCloud Inc is a healthcare information technology company. The company provides a full suite of proprietary cloud-based solutions and related business services. Its Software-as-a-Service platforms include practice management (PM), electronic health record (EHR), business intelligence, patient experience management (PXM) solutions, and robotic processing automation (RPA) bots, along with complementary software tools and business services such as revenue cycle management (RCM), premiere healthcare consulting and implementation services, and on-demand workforce staffing capabilities for high-performance medical groups and health systems nationwide. The operating segments of the group are Healthcare IT, which is the key revenue-generating segment, and Medical Practice Management.
Executives
Lawrence Steven Sharnak director 7393, ORANGEWOOD LANE, BOCA RATON FL 33433
Kimberly J Grant officer: General Counsel & Secretary 7 CLYDE ROAD, SOMERSET NJ 08873
A Hadi Chaudhry officer: President 7 CLYDE ROAD, SOMERSET NJ 08873
Shruti H Patel officer: Interim Corporate Secretary 7 CLYDE ROAD, SOMERSET NJ 08873
Amritpal K. Deol officer: See Remarks 7 CLYDE ROAD, SOMERSET NJ 08873
Norman Roth officer: See Remarks 7 CLYDE ROAD, SOMERSET NJ 08873
Brendan Patrick Harney officer: See Remarks 7 CLYDE ROAD, SOMERSET NJ 08873
Anne Busquet director 390 PARK AVE 4TH FLR, NEW YORK NY 10022
Alexander Tabibi director 454 N KINGS ROAD, LOS ANGELES CA 90048
Clark Howard Longstreth Jr director 4211 W. BOY SCOUT BLVD., TAMPA FL 33607
John N Daly director 390 STANWICH ROAD, GREENWICH CT 06830
Cameron Munter director 295 WEST ORANGE GROVE AVE, SIERRA MADRE CA 91024
Stephen Andrew Snyder director, officer: President 7 CLYDE ROAD, SOMERSET NJ 08873
Bill Korn officer: Chief Financial Officer 61 DARREN DRIVE, BASKING RIDGE NJ 07920
Mahmud Ul Haq director, 10 percent owner, officer: Chief Executive Officer 7 CLYDE ROAD, SOMERSET NJ 08873