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

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SLHPF.PFD Skylight Health Group Inc SLHPF.PFD
12 GF Score
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What is Skylight Health Group Change In Receivables?

Skylight Health Group SLHPF.PFD 12 Change In Receivables is $1.19 Mil as of Jun. 2022. GuruFocus rates SLHPF.PFD with a GF Score™ of 12/100. The stock has 4 warning signs investors should review.

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  (OTCPK:SLHPF.PFD) 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

* 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.

Skylight Health Group Change In Receivables Related Terms

Skylight Health Group Change In Receivables Historical Data

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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.

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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.86 -1.25 0.16 0.16 2.12
SLHPF.PFD
12GF Score
Skylight Health Group Inc SLHPF.PFD
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $1.19 Mil mean?
Skylight Health Group (SLHPF.PFD) has a Change In Receivables of $1.19 Mil as of Jun. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Skylight Health Group and its competitors.
Is Skylight Health Group's Change In Receivables too high?
Skylight Health Group's current Change In Receivables is $1.19 Mil. Overall, Skylight Health Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Skylight Health Group's Change In Receivables compare to HCA?
Skylight Health Group's Change In Receivables of $1.19 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Healthcare Providers & Services company?
A good Change In Receivables depends on the Healthcare Providers & Services industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Skylight Health Group and its competitors. Skylight Health Group's current Change In Receivables is $1.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skylight Health Group stock overvalued right now?
Skylight Health Group (SLHPF.PFD) has a current Change In Receivables of $1.19 Mil. The current Change In Receivables is $1.19 Mil. Skylight Health Group's overall GF Score™ is 12/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Skylight Health Group (SLHPF.PFD), the current Change In Receivables is $1.19 Mil as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Skylight Health Group Business Description

Address 5520 Explorer Drive, Suite 402, Mississauga, ON, CAN, L4W 5L1
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.
12GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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