Days Inventory is also known as Days Sales of Inventory (DSI). The OLB Group's Average Total Inventories for the
three
months ended in Mar. 2024 was $0.00 Mil. The OLB Group's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $3.77 Mil.
Hence, The OLB Group's Days Inventory for the
three
months ended in Mar. 2024 was 0.00.
The historical rank and industry rank for The OLB Group's Days Inventory or its related term are showing as below:
OLB's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.18 * Ranked among companies with meaningful Days Inventory only.
The OLB Group's Days Inventory
stayed the same
from Mar. 2023 (0.00) to Mar. 2024 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
The OLB Group's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.00.
The OLB Group Days Inventory Historical Data
The historical data trend for The OLB Group's Days Inventory 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.
Competitive Comparison of The OLB Group's Days Inventory
For the Software - Infrastructure subindustry, The OLB Group's Days Inventory, along with its competitors' market caps and Days Inventory 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 Inventory Distribution in the Software Industry
For the Software industry and Technology sector, The OLB Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where The OLB Group's Days Inventory falls into.
The OLB Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
The OLB Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
The OLB Group (NAS:OLB) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
The OLB Group's Inventory Turnover for the
three
months ended in Mar. 2024 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
The OLB Group's Inventory to Revenue for the
three
months ended in Mar. 2024 is calculated as
* 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
The OLB Group Days Inventory Related Terms
Thank you for viewing the detailed overview of The OLB Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
The OLB Group (The OLB Group) Business Description
The OLB Group Inc is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. It is a payment facilitator and e-commerce service provider that delivers cloud-based merchant services for Web-based and brick-and-mortar organizations by providing an end-to-end digital commerce solution includes site design, hosting, transaction processing and payment gateway, order fulfillment, customer service, marketing, and sales reporting. The company generates maximum revenue from Fintech services segment.
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