SelectQuote (SelectQuote) Days Inventory : 0.00 (As of Dec. 2023)

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What is SelectQuote Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SelectQuote's Average Total Inventories for the three months ended in Dec. 2023 was $0 Mil. SelectQuote's Cost of Goods Sold for the three months ended in Dec. 2023 was $192 Mil. Hence, SelectQuote's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

SLQT' s Days Inventory Range Over the Past 10 Years
Min: 0.24 Med: 2.37 Max: 3.92
Current: 3.24

During the past 6 years, SelectQuote's highest Days Inventory was 3.92. The lowest was 0.24. And the median was 2.37.

SLQT's Days Inventory is ranked better than
66.67% of 18 companies
in the Insurance industry
Industry Median: 8.445 vs SLQT: 3.24

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

SelectQuote Days Inventory Historical Data

The historical data trend for SelectQuote'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.

SelectQuote Days Inventory Chart

SelectQuote Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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0.24

2.37

3.92

SelectQuote Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	3.71	3.25	-

Competitive Comparison of SelectQuote's Days Inventory

For the Insurance Brokers subindustry, SelectQuote'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.

SelectQuote's Days Inventory Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, SelectQuote's Days Inventory distribution charts can be found below:

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

SelectQuote Days Inventory Calculation

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

SelectQuote's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (5.754	+	5.567)	/	2 )	/	527.487	*	365
=	5.6605					/	527.487	*	365
=	3.92

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

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	191.604	*	365 / 4
=	0					/	191.604	*	365 / 4
=	0.00

SelectQuote (NYSE:SLQT) 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.

SelectQuote's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	191.604	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	405.438
	=	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.

SelectQuote Days Inventory Related Terms

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

SelectQuote (SelectQuote) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SelectQuote Inc (NYSE:SLQT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

6SJA:Germany

Address

6800 West 115th Street, Suite 2511, Overland Park, KS, USA, 66211

Website

http://www.selectquote.com

SelectQuote Inc is a Direct-to-consumer (DTC) distribution platform which facilitates consumers to shop for health, life and auto & home insurance policies online. The company generates its revenues by selling insurance products on behalf of the insurance carrier partners in the form of commission. It functions through three lines namely, SelectQuote Senior, SelectQuote Life, and SelectQuote Auto & Home.

Executives

Joshua Brandon Matthews	officer: President, SelectQuote Senior	6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Grant W Thomas Ii	director	PO BOX 419248, KANSAS CITY MO 64141-6248
Grant William Thomas Iii	officer: CHIEF OPERATING OFFICER	6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Robert Clay Grant	officer: PRESIDENT, SELECTQUOTE SENIOR	6800 W 115TH STREET, SUITE 2511, PARK KS 66211
Sarah Taylor Anderson	officer: (See Remarks)	6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Timothy Robert Danker	director, officer: CHIEF EXECUTIVE OFFICER	6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Hawks Donald L Iii	director	6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Raymond F Weldon	director	6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Matthew Scott Gunter	officer: See Remarks	6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Stephanie D. Fisher	officer: Chief Accounting Officer	10990 ROE AVENUE, OVERLAND PARK KS 66211
Ryan Moore Clement	officer: See Remarks	6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Kristin Gibbar	officer: Chief Human Resources Officer	6800 W. 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Devanny Earl H Iii	director	CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117-1593
Denise L Devine	director	C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Raffaele Sadun	officer: CHIEF FINANCIAL OFFICER	6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211