OLB (The OLB Group) Days Sales Outstanding : 3.03 (As of Sep. 2024)

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What is The OLB Group Days Sales Outstanding?

The OLB Group's average Accounts Receivable for the three months ended in Sep. 2024 was $0.10 Mil. The OLB Group's Revenue for the three months ended in Sep. 2024 was $3.08 Mil. Hence, The OLB Group's Days Sales Outstanding for the three months ended in Sep. 2024 was 3.03.

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

OLB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.25 Med: 13.41 Max: 16.43
Current: 14.55

During the past 13 years, The OLB Group's highest Days Sales Outstanding was 16.43. The lowest was 9.25. And the median was 13.41.

OLB's Days Sales Outstanding is ranked better than
94.08% of 2719 companies
in the Software industry
Industry Median: 62.69 vs OLB: 14.55

The OLB Group's Days Sales Outstanding declined from Sep. 2023 (19.73) to Sep. 2024 (3.03).

The OLB Group Days Sales Outstanding Historical Data

The historical data trend for The OLB Group'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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The OLB Group Days Sales Outstanding Chart

The OLB Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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15.69

15.60

11.22

10.54

9.25

The OLB Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															19.73	21.45	8.80	4.21	3.03

Competitive Comparison of The OLB Group's Days Sales Outstanding

For the Software - Infrastructure subindustry, The OLB Group'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.

The OLB Group's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, The OLB Group's Days Sales Outstanding distribution charts can be found below:

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

The OLB Group 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.

The OLB Group'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
=	( (1.083	+	0.467)	/	2 )	/	30.572	*	365
=	0.775					/	30.572	*	365
=	9.25

The OLB Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (0.118	+	0.087)	/	2 )	/	3.084	*	365 / 4
=	0.1025					/	3.084	*	365 / 4
=	3.03

The OLB Group (NAS:OLB) Days Sales Outstanding Explanation

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

The OLB Group Days Sales Outstanding Related Terms

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

The OLB Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The OLB Group Inc (NAS:OLB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1120 Avenue of the Americas, 4th Floor, New York, NY, USA, 10036

Website

https://www.olb.com

The OLB Group Inc is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. It focuses on a suite of products in the merchant services marketplace and seeks to provide integrated business solutions to merchants throughout the United States. Along with its subsidiaries, the company offers a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses, whether online or at a brick-and-mortar location, payment processing solutions, payment gateway, virtual terminal with proprietary business management tools, and crowdfunding solutions. The Company has two business segments; Fintech Services which generates key revenue, and the Bitcoin Mining business segment.

Executives

Patrick G Smith	officer: Vice President	200 PARK AVENUE, SUITE 1700, NEW YORK NY 10166
Ronny Yakov	director, 10 percent owner, officer: see remarks	1120 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John E Herzog	10 percent owner	C/O HERZOG & CO., INC., 824 HARBOR ROAD, SOUTHPORT CT 06890
Ehud Ernst	director	8 RAZIEL STREET, TEL AVIV L3 00000
Alina Dulimof	director	200 PARK AVENUE, SUITE 1700, NEW YORK NY 10166
Amir Sternhell	director	SERTAINTY CORPORATION, 1420 DONALDSON PIKE A-20, NASHVILLE TN 37217
George Katsiaunis	director	96 WOODLAND PARK DRIVE, TENAFLY NJ 07670
Rachel Boulds Cpa, Pllc	officer: Chief Financial Officer	6371 S. GLENOAKS STREET, MURRAY UT 84107