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Odd Burger (TSXV:ODD) Days Sales Outstanding : 5.59 (As of Dec. 2023)


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What is Odd Burger Days Sales Outstanding?

Odd Burger's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.05 Mil. Odd Burger's Revenue for the three months ended in Dec. 2023 was C$0.73 Mil. Hence, Odd Burger's Days Sales Outstanding for the three months ended in Dec. 2023 was 5.59.

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

TSXV:ODD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.76   Med: 8.52   Max: 18.58
Current: 8.23

During the past 4 years, Odd Burger's highest Days Sales Outstanding was 18.58. The lowest was 3.76. And the median was 8.52.

TSXV:ODD's Days Sales Outstanding is ranked better than
63.24% of 340 companies
in the Restaurants industry
Industry Median: 11.71 vs TSXV:ODD: 8.23

Odd Burger's Days Sales Outstanding declined from Dec. 2022 (5.95) to Dec. 2023 (5.59).

Odd Burger Days Sales Outstanding Historical Data

The historical data trend for Odd Burger'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.

Odd Burger Days Sales Outstanding Chart

Odd Burger Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Days Sales Outstanding
3.76 18.58 10.45 6.58

Odd Burger Quarterly Data
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 5.95 12.06 12.15 6.85 5.59

Competitive Comparison of Odd Burger's Days Sales Outstanding

For the Restaurants subindustry, Odd Burger'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.

Odd Burger's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Odd Burger's Days Sales Outstanding distribution charts can be found below:

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


Odd Burger 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.

Odd Burger's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

Days Sales Outstanding (A: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (0.061 + 0.056) / 2 ) / 3.243*365
=0.0585 / 3.243*365
=6.58

Odd Burger'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
=( (0.056 + 0.034) / 2 ) / 0.734*365 / 4
=0.045 / 0.734*365 / 4
=5.59

* 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.

Odd Burger  (TSXV:ODD) Days Sales Outstanding Explanation

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

Odd Burger Days Sales Outstanding Related Terms

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Odd Burger (TSXV:ODD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Odd Burger Corp (TSXV:ODD) » Definitions » Days Sales Outstanding
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Traded in Other Exchanges
ODDAF:USA IA9:Germany
Address
505 Consortium Court, London, ON, CAN, N6E 2S8
Website
https://www.oddburger.com
Odd Burger Corp is a plant-based food technology company that manufactures and distributes plant-based protein and dairy alternatives using locally sourced and sustainable ingredients. It distributes its products through a proprietary food service line to company-owned and franchised fast-food restaurant locations. Its restaurant locations operate as smart kitchens, which use state-of-the-art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. The company operates a manufacturing facility and has restaurant locations in Canada.