Skylight Health Group (Skylight Health Group) Change In Receivables : $1.19 Mil (TTM As of Jun. 2022)

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What is Skylight Health Group Change In Receivables?

Skylight Health Group's change in receivables for the quarter that ended in Jun. 2022 was $2.12 Mil. It means Skylight Health Group's Accounts Receivable declined by $2.12 Mil from Mar. 2022 to Jun. 2022 .

Skylight Health Group's change in receivables for the fiscal year that ended in Dec. 2021 was $-2.74 Mil. It means Skylight Health Group's Accounts Receivable increased by $2.74 Mil from Dec. 2020 to Dec. 2021 .

Skylight Health Group's Accounts Receivable for the quarter that ended in Jun. 2022 was $9.05 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Skylight Health Group's Days Sales Outstanding for the three months ended in Jun. 2022 was 65.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Skylight Health Group's liquidation value for the three months ended in Jun. 2022 was $-26.75 Mil.

Skylight Health Group Change In Receivables Historical Data

The historical data trend for Skylight Health Group's Change In Receivables 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.

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Skylight Health Group Change In Receivables Chart

Skylight Health Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Change In Receivables

-0.02

-0.01

-0.42

-2.74

Skylight Health Group Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Change In Receivables	Get a 7-Day Free Trial													-0.86	-1.25	0.16	0.16	2.12

Skylight Health Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.19 Mil.

Skylight Health Group (OTCPK:SLHGF) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Skylight Health Group's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.053	/	12.556	*	91
=	65.79

2. In Ben Graham's calculation of liquidation value, Skylight Health Group's accounts receivable are only considered to be worth 75% of book value:

Skylight Health Group's liquidation value for the quarter that ended in Jun. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.757	-	35.296	+	0.75 * 9.053	+	0.5 * 0
=	-26.75

Skylight Health Group Change In Receivables Related Terms

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Skylight Health Group (Skylight Health Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Skylight Health Group Inc (OTCPK:SLHGF) » Definitions » Change In Receivables

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Address

5520 Explorer Drive, Suite 402, Mississauga, ON, CAN, L4W 5L1

Website

https://www.skylighthealthgroup.com

Skylight Health Group Inc is a healthcare services and technology company, working to impact patient health outcomes. The company operates a US multi-state health network that comprises physical multi-disciplinary medical clinics providing a range of services from primary care, subspecialty, allied health and diagnostic testing.