LGLOF (Green Block Mining) Days Sales Outstanding: 73.43 (As of Aug. 2021)

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What is Green Block Mining Days Sales Outstanding?

Green Block Mining LGLOF -90.00% Days Sales Outstanding is 73.43 as of Aug. 2021.

Green Block Mining's average Accounts Receivable for the three months ended in Aug. 2021 was $0.59 Mil. Green Block Mining's Revenue for the three months ended in Aug. 2021 was $0.74 Mil. Hence, Green Block Mining's Days Sales Outstanding for the three months ended in Aug. 2021 was 73.43.

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

LGLOF's Days Sales Outstanding is not ranked *
in the Software industry.
Industry Median: 60.435
* Ranked among companies with meaningful Days Sales Outstanding only.

Green Block Mining's Days Sales Outstanding increased from Aug. 2020 (31.97) to Aug. 2021 (73.43).

Green Block Mining  (OTCPK:LGLOF) Days Sales Outstanding Explanation

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

Green Block Mining Days Sales Outstanding Related Terms

Green Block Mining Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Green Block Mining'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.

Green Block Mining Days Sales Outstanding Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Days Sales Outstanding
- - -

Green Block Mining Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 31.97 35.22 93.36 56.18 73.43

LGLOF vs CRM, INTU, NOW: Days Sales Outstanding Comparison

For the Software - Application subindustry, Green Block Mining'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.

Green Block Mining Days Sales Outstanding vs Software Industry

For the Software industry and Technology sector, Green Block Mining's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Green Block Mining's Days Sales Outstanding falls into.


Green Block Mining 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.

Green Block Mining's Days Sales Outstanding for the fiscal year that ended in Nov. 2020 is calculated as

Days Sales Outstanding (A: Nov. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2019 ) + Accounts Receivable (A: Nov. 2020 )) / count ) / Revenue (A: Nov. 2020 )*Days in Period
=( ( + ) / 1 ) / 1.2668760000049*365
=0 / 1.2668760000049*365
=0.00

Green Block Mining's Days Sales Outstanding for the quarter that ended in Aug. 2021 is calculated as:

Days Sales Outstanding (Q: Aug. 2021 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: May. 2021 ) + Accounts Receivable (A: Aug. 2021 )) / count ) / Revenue (A: Aug. 2021 )*Days in Period
=( (0.323971 + 0.861386) / 2 ) / 0.73655000000448*365 / 4
=0.5926785 / 0.73655000000448*365 / 4
=73.43

* 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 73.43 mean?
Green Block Mining (LGLOF) has a Days Sales Outstanding of 73.43 as of Aug. 2021. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Green Block Mining and its competitors.
Is Green Block Mining's Days Sales Outstanding too high?
Green Block Mining's current Days Sales Outstanding is 73.43. The Software industry median Days Sales Outstanding is 60.44. Green Block Mining's value of 73.43 is 21.5% above this industry median.
How does Green Block Mining's Days Sales Outstanding compare to CRM and INTU?
Green Block Mining's Days Sales Outstanding of 73.43 can be compared against companies in the Software industry. The industry median Days Sales Outstanding is 60.44. Green Block Mining's value of 73.43 is 21.5% above 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 Software company?
The median Days Sales Outstanding among Software companies is 60.44, based on 2,774 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. Green Block Mining's current Days Sales Outstanding of 73.43 is 21.5% above 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 Green Block Mining and its competitors. For the Software industry, the median Days Sales Outstanding is 60.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Block Mining's current Days Sales Outstanding is 73.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Block Mining stock overvalued right now?
Green Block Mining (LGLOF) has a current Days Sales Outstanding of 73.43. The current Days Sales Outstanding is 73.43 and 21.5% above the Software industry median of 60.44. 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 Green Block Mining (LGLOF), the current Days Sales Outstanding is 73.43 as of Aug. 2021. 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.

Green Block Mining Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.