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OTC Markets Group (OTC Markets Group) Days Sales Outstanding : 24.98 (As of Dec. 2023)


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What is OTC Markets Group Days Sales Outstanding?

OTC Markets Group's average Accounts Receivable for the three months ended in Dec. 2023 was $7.6 Mil. OTC Markets Group's Revenue for the three months ended in Dec. 2023 was $27.6 Mil. Hence, OTC Markets Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 24.98.

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

OTCM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.85   Med: 32.61   Max: 46.06
Current: 27.49

During the past 13 years, OTC Markets Group's highest Days Sales Outstanding was 46.06. The lowest was 24.85. And the median was 32.61.

OTCM's Days Sales Outstanding is ranked better than
70.13% of 559 companies
in the Capital Markets industry
Industry Median: 62.31 vs OTCM: 27.49

OTC Markets Group's Days Sales Outstanding declined from Dec. 2022 (29.62) to Dec. 2023 (24.98).


OTC Markets Group Days Sales Outstanding Historical Data

The historical data trend for OTC Markets 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.

* Premium members only.

OTC Markets Group Days Sales Outstanding Chart

OTC Markets Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.33 30.15 24.85 29.31 28.51

OTC Markets Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.62 30.55 28.13 25.20 24.98

Competitive Comparison of OTC Markets Group's Days Sales Outstanding

For the Financial Data & Stock Exchanges subindustry, OTC Markets 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.


OTC Markets Group's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, OTC Markets Group's Days Sales Outstanding distribution charts can be found below:

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



OTC Markets 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.

OTC Markets 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
=( (9.485 + 7.68) / 2 ) / 109.895*365
=8.5825 / 109.895*365
=28.51

OTC Markets Group'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
=( (7.431 + 7.68) / 2 ) / 27.605*365 / 4
=7.5555 / 27.605*365 / 4
=24.98

* 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.


OTC Markets Group  (OTCPK:OTCM) Days Sales Outstanding Explanation

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


OTC Markets Group Days Sales Outstanding Related Terms

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OTC Markets Group (OTC Markets Group) Business Description

Traded in Other Exchanges
N/A
Address
300 Vesey Street, New York, NY, USA, 10282
OTC Markets Group Inc operates financial markets for securities in the U.S and globally. The firm mainly operates OTCQX best market, OTCQB venture market and Pink open market. It has OTC link ATS, market data licensing and corporate services business lines. The activities of these business lines encompass quotation and trade messaging services, network-based platform, access to market data, a suite of market data licenses and disclosure and information services. It derives a majority of revenue from the U.S.