Olo (OLO) Days Payable : 8.19 (As of Dec. 2023)

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What is Olo Days Payable?

Olo's average Accounts Payable for the three months ended in Dec. 2023 was $2.4 Mil. Olo's Cost of Goods Sold for the three months ended in Dec. 2023 was $26.6 Mil. Hence, Olo's Days Payable for the three months ended in Dec. 2023 was 8.19.

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

OLO' s Days Payable Range Over the Past 10 Years
Min: 12.9 Med: 65.66 Max: 149.62
Current: 12.9

During the past 6 years, Olo's highest Days Payable was 149.62. The lowest was 12.90. And the median was 65.66.

OLO's Days Payable is ranked worse than
88.7% of 2523 companies
in the Software industry
Industry Median: 51.48 vs OLO: 12.90

Olo's Days Payable declined from Dec. 2022 (12.34) to Dec. 2023 (8.19). It may suggest that Olo accelerated paying its suppliers.

Olo Days Payable Historical Data

The historical data trend for Olo's Days Payable 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.

Olo Days Payable Chart

Olo Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

145.22

149.62

65.66

13.87

13.98

Olo Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial													12.34	8.00	19.23	15.56	8.19

Competitive Comparison of Olo's Days Payable

For the Software - Application subindustry, Olo's Days Payable, along with its competitors' market caps and Days Payable 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.

Olo's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Olo's Days Payable distribution charts can be found below:

* The bar in red indicates where Olo's Days Payable falls into.

Olo Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Olo's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2.259	+	4.582)	/	2 )	/	89.323	*	365
=	3.4205					/	89.323	*	365
=	13.98

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

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.189	+	4.582)	/	2 )	/	26.566	*	365 / 4
=	2.3855					/	26.566	*	365 / 4
=	8.19

Olo Days Payable Related Terms

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

Olo (OLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Olo Inc (NYSE:OLO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Hudson Street, 10th Floor, New York, NY, USA, 10013

Website

https://www.olo.com

Olo inc is an open Software as a Service platform for restaurants. Its platform powers restaurant brands' on-demand digital commerce operations, enabling digital ordering, delivery, front-of-house management, and payments, while further strengthening and enhancing restaurants' direct guest relationships. The company generates revenue from providing its customers access to its platform.

Executives

Joanna G Lambert	officer: Chief Operating Officer	C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Robert Morvillo	officer: General Counsel and Secretary	C/O OLO INC., 99 HUDSON STREET, FLOOR 10, NEW YORK NY 10013
Sherri Manning	officer: Chief People Officer	99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Diego Panama	officer: Chief Revenue Officer	C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Noah H. Glass	director, officer: CEO	C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Peter J. Benevides	officer: Chief Financial Officer	C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Zuhairah Scott Washington	director	C/O FIVE BELOW, INC., 701 MARKET STREET, SUITE 300, PHILADELPHIA PA 19106
Lee Kirkpatrick	director	TWILIO INC, 645 HARRISON STREET THIRD FLOOR, SAN FRANCISCO CA 94107
Nithya B. Das	officer: COO and Chief Legal Officer	C/O OLO INC., 99 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Daniel Harris Meyer	director	24 UNION SQUARE EAST, SIXTH FLOOR, NEW YORK NY 10003
Marty D. Hahnfeld	officer: Chief Customer Officer	C/O OLO INC., ONE WORLD TRADE CENTER, 82ND FLOOR, NEW YORK NY 10007
Neville Colin	director	C/O FOREST ROAD ACQUISITION CORP., 1177 AVENUE OF THE AMERICAS, 5TH FLOOR, NEW YORK NY 10036
Russell N. Jones	director	C/O OLO INC., ONE WORLD TRADE CENTER, 82ND FLOOR, NEW YORK NY 10007
David A. Frankel	director, 10 percent owner	1 MIFFLIN PLACE SUITE 300, CAMBRIDGE MA 02138
Linda Rottenberg	director	1805 29TH ST, STE 2050, BOULDER CO 80302