LEBGF (Legible) Days Sales Outstanding: 2.62 (As of Dec. 2024)

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What is Legible Days Sales Outstanding?

Legible LEBGF -99.89% Days Sales Outstanding is 2.62 as of Dec. 2024.

Legible's average Accounts Receivable for the three months ended in Dec. 2024 was $0.00 Mil. Legible's Revenue for the three months ended in Dec. 2024 was $0.02 Mil. Hence, Legible's Days Sales Outstanding for the three months ended in Dec. 2024 was 2.62.

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

LEBGF's Days Sales Outstanding is not ranked *
in the Media - Diversified industry.
Industry Median: 67.105
* Ranked among companies with meaningful Days Sales Outstanding only.

Legible's Days Sales Outstanding declined from Dec. 2023 (6.18) to Dec. 2024 (2.62).


Legible  (OTCPK:LEBGF) Days Sales Outstanding Explanation

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


Legible Days Sales Outstanding Related Terms


Legible Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Legible'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.

Legible Days Sales Outstanding Chart

Legible Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
- - 8.05 3.22 2.89

Legible Quarterly Data
Sep20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 6.18 2.16 56.73 22.56 2.62

LEBGF vs EZOO, BLMZF, LPTVQ: Days Sales Outstanding Comparison

For the Publishing subindustry, Legible'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.


Legible Days Sales Outstanding vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Legible's Days Sales Outstanding distribution charts can be found below:

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



Legible 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.

Legible's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (0.0003503716062491 + 0.0005819774718398) / 2 ) / 0.058884132956974*365
=0.00046617453904445 / 0.058884132956974*365
=2.89

Legible's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (0 + 0.0005819774718398) / 1 ) / 0.020300410676037*365 / 4
=0.0005819774718398 / 0.020300410676037*365 / 4
=2.62

* 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 Days Sales Outstanding →
What does a Days Sales Outstanding of 2.62 mean?
Legible (LEBGF) has a Days Sales Outstanding of 2.62 as of Dec. 2024. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Legible and its competitors.
Is Legible's Days Sales Outstanding too high?
Legible's current Days Sales Outstanding is 2.62. The Media - Diversified industry median Days Sales Outstanding is 67.11. Legible's value of 2.62 is 96.1% below this industry median.
How does Legible's Days Sales Outstanding compare to EZOO and BLMZF?
Legible's Days Sales Outstanding of 2.62 can be compared against companies in the Media - Diversified industry. The industry median Days Sales Outstanding is 67.11. Legible's value of 2.62 is 96.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Media - Diversified company?
The median Days Sales Outstanding among Media - Diversified companies is 67.11, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Legible's current Days Sales Outstanding of 2.62 is 96.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Legible and its competitors. For the Media - Diversified industry, the median Days Sales Outstanding is 67.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legible's current Days Sales Outstanding is 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legible stock overvalued right now?
Legible (LEBGF) has a current Days Sales Outstanding of 2.62. The current Days Sales Outstanding is 2.62 and 96.1% below the Media - Diversified industry median of 67.11. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Legible (LEBGF), the current Days Sales Outstanding is 2.62 as of Dec. 2024. 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.

Legible Business Description

Address 997 Seymour Street, Suite 250, Vancouver, BC, CAN, V6B 3M1
Legible Inc is a book entertainment and media company. The Company has developed two high-value verticals; firstly, a browser first accessible B2C eBook entertainment platform for the emerging web with high-growth potential called legible.com - an eBook entertainment platform delivering beautiful, accessible & immersive reading for next-generation readers; and secondly, a B2B eBook conversion and production service with high-revenue potential called Legible Publishing.