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GuruFocus has detected 6 Warning Signs with Cal-Maine Foods Inc $CALM.
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Cal-Maine Foods Inc (NAS:CALM)
Days Sales Outstanding
38.43 (As of Feb. 2017)

Cal-Maine Foods Inc's account receivable for the three months ended in Feb. 2017 was $129 Mil. Cal-Maine Foods Inc's revenue for the three months ended in Feb. 2017 was $307 Mil. Hence, Cal-Maine Foods Inc's days sales outstanding for the three months ended in Feb. 2017 was 38.43.

CALM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.86   Max: 42.72
Current: 42.72

11.86
42.72

During the past 13 years, Cal-Maine Foods Inc's highest Days Sales Outstanding was 42.72. The lowest was 11.86. And the median was 20.13.

CALM's Days Sales Outstanding is ranked lower than
55% of the 1148 Companies
in the Global Packaged Foods industry.

( Industry Median: 38.13 vs. CALM: 42.72 )

Cal-Maine Foods Inc's days sales outstanding increased from Feb. 2016 (22.47) to Feb. 2017 (38.43).


Definition

Days sales outstanding measures of 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 receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

Cal-Maine Foods Inc's Days Sales Outstanding for the fiscal year that ended in May. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=62.012/1908.65*365
=11.86

Cal-Maine Foods Inc's Days Sales Outstanding for the quarter that ended in Feb. 2017 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=129.098/306.54*365 / 4
=38.43

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Cal-Maine Foods Inc Annual Data

May07May08May09May10May11May12May13May14May15May16
DaysSalesOutstanding 22.6417.8517.1717.3321.2219.2322.4921.0222.9311.86

Cal-Maine Foods Inc Quarterly Data

Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16Feb17
DaysSalesOutstanding 28.6422.1822.4227.6726.3822.4718.6741.4543.7838.43
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