Skylight Health Group (Skylight Health Group) Days Inventory : 0.00 (As of Jun. 2022)

View and export this data going back to 2019. Start your Free Trial

What is Skylight Health Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Skylight Health Group's Average Total Inventories for the three months ended in Jun. 2022 was $0.00 Mil. Skylight Health Group's Cost of Goods Sold for the three months ended in Jun. 2022 was $9.46 Mil. Hence, Skylight Health Group's Days Inventory for the three months ended in Jun. 2022 was 0.00.

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

SLHGF's Days Inventory is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median: 31.42
* Ranked among companies with meaningful Days Inventory only.

Skylight Health Group's Days Inventory declined from Jun. 2021 (0.91) to Jun. 2022 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Skylight Health Group's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.00.

Skylight Health Group Days Inventory Historical Data

The historical data trend for Skylight Health Group'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.

Skylight Health Group Days Inventory Chart

Skylight Health Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Days Inventory

3.28

29.02

0.93

Skylight Health Group Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Days Inventory	Get a 7-Day Free Trial													0.91	0.61	1.35	-	-

Competitive Comparison of Skylight Health Group's Days Inventory

For the Medical Care Facilities subindustry, Skylight Health Group'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.

Skylight Health Group's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Skylight Health Group's Days Inventory falls into.

Skylight Health Group Days Inventory Calculation

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

Skylight Health Group's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (0.024	+	0)	/	1 )	/	9.43	*	365
=	0.024					/	9.43	*	365
=	0.93

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

	Days Inventory (Q: Jun. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	9.455	*	365 / 4
=	0					/	9.455	*	365 / 4
=	0.00

Skylight Health Group (OTCPK:SLHGF) 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.

Skylight Health Group's Inventory Turnover for the three months ended in Jun. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.455	/	0
	=

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.

Skylight Health Group's Inventory to Revenue for the three months ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	12.556
	=	0.00

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.

Skylight Health Group Days Inventory Related Terms

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

Skylight Health Group (Skylight Health Group) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

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.