GreenSky (GreenSky) Inventory Turnover : 0.00 (As of Dec. 2021)

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What is GreenSky Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. GreenSky's Cost of Goods Sold for the three months ended in Dec. 2021 was $57.1 Mil. GreenSky's Average Total Inventories for the quarter that ended in Dec. 2021 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GreenSky's Days Inventory for the three months ended in Dec. 2021 was 0.00.

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. GreenSky's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 0.00.

GreenSky Inventory Turnover Historical Data

The historical data trend for GreenSky's Inventory Turnover 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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GreenSky Inventory Turnover Chart

GreenSky Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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GreenSky Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

GreenSky Inventory Turnover Calculation

GreenSky's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	198.904	/ (	(0	+	0)	/	1 )
=	198.904	/	0
=	N/A

GreenSky's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as

	Inventory Turnover (Q: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2021 )	/ (	(Total Inventories (Q: Sep. 2021 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )
=	57.105	/ (	(0	+	0)	/	1 )
=	57.105	/	0
=	N/A

GreenSky (NAS:GSKY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

GreenSky's Days Inventory for the three months ended in Dec. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2021 )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
	=	0	/	57.105	*	365 / 4
	=	0.00

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.

GreenSky's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2021 )	/	Revenue (Q: Dec. 2021 )
	=	0	/	128.235
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

GreenSky Inventory Turnover Related Terms

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GreenSky (GreenSky) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GreenSky Inc (NAS:GSKY) » Definitions » Inventory Turnover

Comparable Companies

SZSE:300369 RPAY RDWR ARQQ EVOP HKSE:09923 SZSE:300377 SHSE:600602 ASX:MP1 SZSE:300085

Traded in Other Exchanges

N/A

Address

5565 Glenridge Connector, Suite 700, Atlanta, GA, USA, 30342

Website

https://www.greensky.com

GreenSky Inc operates as a technology company. The company offers a proprietary technology infrastructure platform to supports the full transaction lifecycle, including credit application, underwriting, and real-time allocation. Its platform caters to merchants, consumers, and banks.

Executives

Gerald R. Benjamin	director, officer: Chief Administrative Officer	5565 GLENRIDGE CONNECTOR, SUITE 700 ATLANTA GA 30342
Gregg Steven Freishtat	director	5860 WINTERTHUR DRIVE ATLANTA GA 30328
Angela M Nagy	officer: SVP, Chief Accounting Officer	1155 PERIMETER CENTER WEST ATLANTA GA 30338
Joel M. Babbit	director	3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Dennis I Kelly	officer: President, Patient Solutions	10720 SIKES PL STE 300 CHARLOTTE NC 28277
David Zalik	director, 10 percent owner, officer: CEO and Chairman of the Board	5565 GLENRIDGE CONNECTOR, SUITE 700 ATLANTA GA 30342
Robert Sheft	director, 10 percent owner	623 FIFTH AVENUE, 26TH FLOOR, NEW YORK NY 10022
Goldstein Kevin	officer: EVP - Chief Credit Officer	5565 GLENRIDGE CONNECTOR SUITE 700 ATLANTA 2Q 30342
Andrew Kang	officer: EVP and CFO	5565 GLENRIDGE CONNECTOR, SUITE 700, ATLANTA GA 30342
Arthur J Bacci	director
Tpg Growth Ii Advisors, Inc.	other: Former 10% Owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
James G Coulter	other: Former 10% Owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
David Bonderman	other: Former 10% Owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Lois Elizabeth Rickard	officer: Chief Human Resources Officer	1230 PEACHTREE ST NE, SUITE 1000, ATLANTA GA 30309
Steven E Fox	officer: EVP - Chief Legal Officer	229 PEACHTREE ST NE, 2700 INTERNATIONAL TOWER, ATLANTA GA 303031603