Galaxy Gaming (Galaxy Gaming) Days Sales Outstanding : 53.11 (As of Dec. 2023)

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What is Galaxy Gaming Days Sales Outstanding?

Galaxy Gaming's average Accounts Receivable for the three months ended in Dec. 2023 was $3.92 Mil. Galaxy Gaming's Revenue for the three months ended in Dec. 2023 was $6.74 Mil. Hence, Galaxy Gaming's Days Sales Outstanding for the three months ended in Dec. 2023 was 53.11.

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

GLXZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.13 Med: 54.78 Max: 77.19
Current: 54.8

During the past 13 years, Galaxy Gaming's highest Days Sales Outstanding was 77.19. The lowest was 40.13. And the median was 54.78.

GLXZ's Days Sales Outstanding is ranked worse than
72.14% of 804 companies
in the Travel & Leisure industry
Industry Median: 28.745 vs GLXZ: 54.80

Galaxy Gaming's Days Sales Outstanding declined from Dec. 2022 (53.82) to Dec. 2023 (53.11).

Galaxy Gaming Days Sales Outstanding Historical Data

The historical data trend for Galaxy Gaming'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.

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Galaxy Gaming Days Sales Outstanding Chart

Galaxy Gaming Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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40.13

77.19

62.74

60.93

50.07

Galaxy Gaming 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															53.82	56.04	58.02	56.58	53.11

Competitive Comparison of Galaxy Gaming's Days Sales Outstanding

For the Gambling subindustry, Galaxy Gaming'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.

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

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

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

Galaxy Gaming 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.

Galaxy Gaming'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
=	( (3.45	+	4.174)	/	2 )	/	27.789	*	365
=	3.812					/	27.789	*	365
=	50.07

Galaxy Gaming'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
=	( (3.668	+	4.174)	/	2 )	/	6.737	*	365 / 4
=	3.921					/	6.737	*	365 / 4
=	53.11

Galaxy Gaming (OTCPK:GLXZ) Days Sales Outstanding Explanation

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

Galaxy Gaming Days Sales Outstanding Related Terms

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Galaxy Gaming (Galaxy Gaming) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Galaxy Gaming Inc (OTCPK:GLXZ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

6480 Cameron Street, Suite 305, Las Vegas, NV, USA, 89118

Website

https://www.galaxygaming.com

Galaxy Gaming Inc develops, acquires, assembles, and markets technology and entertainment-based products and services for the gaming industry for placement on casino floors and on legal internet gaming sites. Its products and services are related to licensed casino operators' table game activities and focus on either increasing profitability, productivity, and security or expanding gaming entertainment offerings in the form of proprietary table games, electronically enhanced table game platforms, and fully automated electronic tables and other ancillary equipment. In addition, it licenses intellectual property to legal internet gaming operators. Its products are assembled at headquarters in Las Vegas, Nevada, as well as outsourced for certain sub-assemblies in the United States.

Executives

Hagerty Harry C Iii	officer: CFO	6767 SPENCER STREET, LAS VEGAS NV 89119
Meredith B. Brill	director	52 HILLHURST BLVD, TORONTO A6 M5N 1N6
Cheryl Kondra	director	6480 CAMERON STREET, SUITE 305, LAS VEGAS NV 89118
Mark A Lipparelli	director	6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Todd P Cravens	officer: CEO	6767 SPENCER STREET, LAS VEGAS NV 89119
Michael Gavin Isaacs	director	BALLY TECHNOLOGIES, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
William A Zender	director	296 DOE RUN CIRCLE, HENDERSON NV 89012
Bryan W. Waters	director	240 MONTE VISTA RIDGE ROAD, ORINDA CA 94563
Norman H Desrosiers	director	6987 VINNEDGE LANE, #119, HIGHLAND NV 92346
Triangulum Partners, Llc.	10 percent owner	6767 SPENCER ST, LAS VEGAS NV 89119
Robert B. Saucier	director, 10 percent owner, officer: CEO, CFO	6980 O'BANNON DRIVE, LAS VEGAS NV 89117
Gary Anthony Vecchiarelli	officer: Chief Financial Officer	6980 OBANNON DRIVE, LAS VEGAS NV 89117
Alixandra Saucier Regulatory Trust	other: Affiliated Trust	698O O'BANNON DRIVE, LAS VEGAS NV 89117
William E O'hara	officer: COO	6980 O'BANNON DRIVE, LAS VEGAS NV 89117
Patrick Mcnevin	director	5205 E. LINCOLN DR., PARADISE VALLEY AZ 85253