TruBridge Days Payables Outstanding from 2010 to 2024

TBRG Stock  USD 18.44  0.35  1.93%   
TruBridge's Days Payables Outstanding is increasing over the last several years with stable swings. Days Payables Outstanding is predicted to flatten to 15.58. During the period from 2010 to 2024 TruBridge Days Payables Outstanding regressed destribution of quarterly values had coefficient of variationof  13.28 and r-value of  0.15. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
21.0302329
Current Value
15.58
Quarterly Volatility
2.46973332
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TruBridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TruBridge's main balance sheet or income statement drivers, such as Interest Expense of 13.1 M, Selling General Administrative of 80 M or Total Revenue of 198.8 M, as well as many indicators such as Price To Sales Ratio of 0.44, Dividend Yield of 0.0126 or PTB Ratio of 0.81. TruBridge financial statements analysis is a perfect complement when working with TruBridge Valuation or Volatility modules.
  
Check out the analysis of TruBridge Correlation against competitors.
For more detail on how to invest in TruBridge Stock please use our How to Invest in TruBridge guide.

Latest TruBridge's Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of TruBridge over the last few years. It is TruBridge's Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TruBridge's overall financial position and show how it may be relating to other accounts over time.
Days Payables Outstanding10 Years Trend
Pretty Stable
   Days Payables Outstanding   
       Timeline  

TruBridge Days Payables Outstanding Regression Statistics

Arithmetic Mean18.59
Geometric Mean18.44
Coefficient Of Variation13.28
Mean Deviation1.99
Median17.91
Standard Deviation2.47
Sample Variance6.10
Range8.056
R-Value0.15
Mean Square Error6.41
R-Squared0.02
Significance0.58
Slope0.08
Total Sum of Squares85.39

TruBridge Days Payables Outstanding History

2024 15.58
2023 21.03
2022 15.42
2021 21.72
2020 21.96
2019 22.71
2018 14.65

About TruBridge Financial Statements

TruBridge stakeholders use historical fundamental indicators, such as TruBridge's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although TruBridge investors may analyze each financial statement separately, they are all interrelated. For example, changes in TruBridge's assets and liabilities are reflected in the revenues and expenses on TruBridge's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in TruBridge. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 21.03  15.58 

Currently Active Assets on Macroaxis

When determining whether TruBridge is a strong investment it is important to analyze TruBridge's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TruBridge's future performance. For an informed investment choice regarding TruBridge Stock, refer to the following important reports:
Check out the analysis of TruBridge Correlation against competitors.
For more detail on how to invest in TruBridge Stock please use our How to Invest in TruBridge guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Health Care Technology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TruBridge. If investors know TruBridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TruBridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Earnings Share
(4.09)
Revenue Per Share
23.665
Quarterly Revenue Growth
0.014
Return On Assets
(0.01)
The market value of TruBridge is measured differently than its book value, which is the value of TruBridge that is recorded on the company's balance sheet. Investors also form their own opinion of TruBridge's value that differs from its market value or its book value, called intrinsic value, which is TruBridge's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TruBridge's market value can be influenced by many factors that don't directly affect TruBridge's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TruBridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if TruBridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TruBridge's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.