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OCTO (Eightco Holdings) Days Sales Outstanding : 12.87 (As of Dec. 2024)


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What is Eightco Holdings Days Sales Outstanding?

Eightco Holdings's average Accounts Receivable for the three months ended in Dec. 2024 was $2.16 Mil. Eightco Holdings's Revenue for the three months ended in Dec. 2024 was $15.31 Mil. Hence, Eightco Holdings's Days Sales Outstanding for the three months ended in Dec. 2024 was 12.87.

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

OCTO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.08   Med: 12.9   Max: 40.19
Current: 19.03

During the past 5 years, Eightco Holdings's highest Days Sales Outstanding was 40.19. The lowest was 7.08. And the median was 12.90.

OCTO's Days Sales Outstanding is ranked better than
97.96% of 393 companies
in the Packaging & Containers industry
Industry Median: 67.51 vs OCTO: 19.03

Eightco Holdings's Days Sales Outstanding declined from Dec. 2023 (24.22) to Dec. 2024 (12.87).


Eightco Holdings Days Sales Outstanding Historical Data

The historical data trend for Eightco Holdings'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.

Eightco Holdings Days Sales Outstanding Chart

Eightco Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
- 40.19 12.22 7.08 13.58

Eightco Holdings Quarterly Data
Mar21 Jun21 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 24.22 18.54 30.25 28.70 12.87

Competitive Comparison of Eightco Holdings's Days Sales Outstanding

For the Packaging & Containers subindustry, Eightco Holdings'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.


Eightco Holdings's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Eightco Holdings's Days Sales Outstanding distribution charts can be found below:

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


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Eightco Holdings 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.

Eightco Holdings'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
=( (1.356 + 1.592) / 2 ) / 39.621*365
=1.474 / 39.621*365
=13.58

Eightco Holdings'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
=( (2.727 + 1.592) / 2 ) / 15.312*365 / 4
=2.1595 / 15.312*365 / 4
=12.87

* 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.


Eightco Holdings  (NAS:OCTO) Days Sales Outstanding Explanation

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


Eightco Holdings Days Sales Outstanding Related Terms

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Eightco Holdings Business Description

Traded in Other Exchanges
N/A
Address
101 Larry Holmes Dr., Easton, Safety Harbor, PA, USA, 18042
Eightco Holdings Inc operates in three main businesses: Forever 8 Inventory Cash Flow Solution, Web3 Business, and Packaging Business. Forever 8 focuses on purchasing inventory for e-commerce retailers and is part of its Inventory Solution Business. Web3 Business but has no intention of continuing this business at this time. The Packaging Business manufactures and sells custom packaging for a wide variety of products and helps customers generate brand awareness and promote brand image through packaging. The Company's two reportable segments were the Inventory Management Solutions segment and the Corrugated segment. Key revenue is generated from Inventory Management Solutions segment.
Executives
Brian Mcfadden director, officer: President and CEO 855 BAYWAY BLVD, CLEARWATER BEACH FL 33767
Louis Foreman director 520 ELLIOT STREET, CHARLOTTE NC 28202
Frank D Jennings director 1739 SAILMAKER STREET, CHARLESTON SC 29492
Vroman Brett Earl James officer: Chief Financial Officer C/O EDISON NATION, INC., 909 NEW BRUNSWICK AVENUE, PHILLIPSBURG NJ 08865
Kevin J O'donnell director, officer: Chairman 91 OAKLEIGH LANE, MAITLAND FL 32751
Vinco Ventures, Inc. 10 percent owner C/O INCORP SERVICES, 3773 HOWARD HUGHES PKWY. STE 500S, LAS VEGAS NV 89169
Mary Ann Halford director 12 BRIARBROOK DRIVE, BRIARCLIFF MANOR NY 10510