Eightco Holdings (Eightco Holdings) Days Sales Outstanding : 14.00 (As of Dec. 2023)

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What is Eightco Holdings Days Sales Outstanding?

Eightco Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $2.38 Mil. Eightco Holdings's Revenue for the three months ended in Dec. 2023 was $15.53 Mil. Hence, Eightco Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 14.00.

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: 7.87 Med: 12.22 Max: 40.19
Current: 9.67

During the past 4 years, Eightco Holdings's highest Days Sales Outstanding was 40.19. The lowest was 7.87. And the median was 12.22.

OCTO's Days Sales Outstanding is ranked better than
99.21% of 378 companies
in the Packaging & Containers industry
Industry Median: 69.425 vs OCTO: 9.67

Eightco Holdings's Days Sales Outstanding increased from Dec. 2022 (6.01) to Dec. 2023 (14.00).

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.

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Eightco Holdings Days Sales Outstanding Chart

Eightco Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

40.19

12.22

7.87

Eightco Holdings Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								6.01	9.77	8.76	8.98	14.00

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.

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. 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
=	( (1.264	+	1.981)	/	2 )	/	75.297	*	365
=	1.6225					/	75.297	*	365
=	7.87

Eightco Holdings'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
=	( (2.783	+	1.981)	/	2 )	/	15.526	*	365 / 4
=	2.382					/	15.526	*	365 / 4
=	14.00

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 (Eightco Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Eightco Holdings Inc (NAS:OCTO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 9th Avenue North, Suite 220, Safety Harbor, FL, USA, 34695

Website

https://www.8co.holdings

Eightco Holdings Inc is committed to growth focused around its existing subsidiaries, Forever 8, an inventory management platform for e-commerce sellers, and Ferguson Containers, a provider of complete manufacturing and logistical solutions for product and packaging needs, through strategic management and investment. In addition, the company is actively seeking new opportunities to add to its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions.

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