Skillz (Skillz) Days Inventory : 0.00 (As of Sep. 2023)

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What is Skillz Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Skillz's Average Total Inventories for the three months ended in Sep. 2023 was $0.0 Mil. Skillz's Cost of Goods Sold for the three months ended in Sep. 2023 was $3.7 Mil. Hence, Skillz's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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

SKLZ's Days Inventory is not ranked ^*
in the Interactive Media industry.
Industry Median: 17.6
* Ranked among companies with meaningful Days Inventory only.

Skillz's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (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. Skillz's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.

Skillz Days Inventory Historical Data

The historical data trend for Skillz'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.

Skillz Days Inventory Chart

Skillz Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

Skillz Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial												-	-	-	-	-

Competitive Comparison of Skillz's Days Inventory

For the Electronic Gaming & Multimedia subindustry, Skillz'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.

Skillz's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Skillz's Days Inventory distribution charts can be found below:

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

Skillz Days Inventory Calculation

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

Skillz's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	30.718	*	365
=	0					/	30.718	*	365
=	0.00

Skillz's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	3.693	*	365 / 4
=	0					/	3.693	*	365 / 4
=	0.00

Skillz (NYSE:SKLZ) 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.

Skillz's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.693	/	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.

Skillz's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	36.427
	=	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.

Skillz Days Inventory Related Terms

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

Skillz (Skillz) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Skillz Inc (NYSE:SKLZ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SKLZ:Mexico

Address

P.O. Box 445, San francisco, CA, USA, 94104

Website

https://www.skillz.com

Skillz Inc is a mobile game development company. It is engaged in re-inventing competitive mobile gaming and thereby expanding the mobile gaming market.

Executives

Jason Roswig	officer: President & CFO	PO BOX 445, SAN FRANCISCO CA 94104
Andrew Paradise	director, officer: Chief Executive Officer	SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445
Andrew Dahlinghaus	officer: General Counsel	P.O. BOX 445, SAN FRANCISCO CA 94104
Kevin Chessen	director	1061 MARKET STREET, 6TH FLOOR, SAN FRANCISCO CA 94103
Elly Ryu	officer: Controller/Head of Accounting	245 FIRST STREET, SUITE 1800, CAMBRIDGE MA 02142
Alvin Lobo	officer: Chief Financial Officer	P.O. BOX 445, SAN FRANCISCO CA 94104
Alexander Mandel	director	1061 MARKET STREET, 6TH FLOOR, SAN FRANCISCO CA 94103
Stanley Mbugua	officer: Chief Accounting Officer	SKILLZ INC, PO BOX 455, SAN FRAN CA 94104
Seth Schorr	director	PO BOX 445, SAN FRANCISCO CA 94104
Henry M. Hoffman	director	PO BOX 445, SAN FRANCISCO CA 94104
Shari Glazer	director	PO BOX 445, SAN FRANCISCO CA 94104
Harry Sloan	director, 10 percent owner, officer: CEO, Chairman	1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Jerome Leon Bruckheimer	director	PHILPOTT MEEKS, 10030 VENTURA BOULEVARD, SUITE 380, ENCINO CA 91436
Christopher S Gaffney	director	C/O GREAT HILL PARTNERS, L.P., 200 CLARENDON STREET, 29TH FLOOR, BOSTON MA 02116
Casey Chafkin	director, officer: Chief Revenue Officer	SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445