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GAN (GAN) Days Sales Outstanding : 30.58 (As of Dec. 2023)


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What is GAN Days Sales Outstanding?

GAN's average Accounts Receivable for the three months ended in Dec. 2023 was $10.3 Mil. GAN's Revenue for the three months ended in Dec. 2023 was $30.7 Mil. Hence, GAN's Days Sales Outstanding for the three months ended in Dec. 2023 was 30.58.

The historical rank and industry rank for GAN's Days Sales Outstanding or its related term are showing as below:

GAN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.94   Med: 45.11   Max: 103.88
Current: 32.95

During the past 6 years, GAN's highest Days Sales Outstanding was 103.88. The lowest was 21.94. And the median was 45.11.

GAN's Days Sales Outstanding is ranked worse than
53.67% of 803 companies
in the Travel & Leisure industry
Industry Median: 28.69 vs GAN: 32.95

GAN's Days Sales Outstanding declined from Dec. 2022 (33.27) to Dec. 2023 (30.58).


GAN Days Sales Outstanding Historical Data

The historical data trend for GAN's Days Sales Outstanding 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.

GAN Days Sales Outstanding Chart

GAN Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 54.65 61.26 21.94 28.26 35.57

GAN Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding 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 Premium Member Only Premium Member Only 33.27 35.95 32.47 29.56 30.58

Competitive Comparison of GAN's Days Sales Outstanding

For the Gambling subindustry, GAN's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.


GAN's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, GAN's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where GAN's Days Sales Outstanding falls into.



GAN Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

GAN's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (13.808 + 11.417) / 2 ) / 129.419*365
=12.6125 / 129.419*365
=35.57

GAN's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (9.168 + 11.417) / 2 ) / 30.715*365 / 4
=10.2925 / 30.715*365 / 4
=30.58

* 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.


GAN  (NAS:GAN) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


GAN Days Sales Outstanding Related Terms

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


GAN (GAN) Business Description

Traded in Other Exchanges
Address
400 Spectrum Center Drive, Suite 1900, Irvine, CA, USA, 92618
GAN Ltd provides Software-as-a-Service solutions for online casino gaming and sports betting applications. The company has two operating segments B2B and B2C. The B2B segment develops, markets, and sells instances of GameSTACK, GAN Sports, and iSight Back Office technology that incorporates comprehensive player registration, account funding, and back-office accounting and management tools that enable the casino operators to efficiently, confidently, and effectively extend their presence online in places that have permitted online real money gaming, and The B2C segment, which includes the operations of Coolbet, develops and operates a B2C online sports betting and casino platform that is accessible through its website in markets across Northern Europe, Latin America, and Canada.
Executives
Giuseppe Gardali officer: President, B2B 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Endre Nesset officer: President, B2C 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Brian P Chang officer: Interim CFO 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Eric J Green director C/O FULL HOUSE RESORTS, INC., 1980 FESTIVAL PLAZA DRIVE, SUITE 680, LAS VEGAS NV 89135
Seamus M Mcgill director C/O GAN LIMITED,, 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Dermot S. Smurfit director, officer: President, CEO 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Karen Flores director, officer: EVP, Chief Financial Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Sylvia Tiscareno officer: Chief Legal Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Glenn Anders Karlsen officer: CEO, Coolbet 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Simon Knock officer: EVP, Chief Information Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Michael Arouh officer: Chief Legal Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Michael Jr. Smurfit director 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Susan Bracey director C/O YOUBET.COM, INC., 2600 WEST OLIVE AVENUE, 5TH FLOOR, BURBANK CA 91505
David Goldberg director C/O GAN LIMITED, 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618
Jan Roos officer: Chief Technology Officer 400 SPECTRUM CENTER DRIVE, SUITE 1900, IRVINE CA 92618