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Cintas Corp's account receivable for the three months ended in May. 2015 was $496 Mil. Cintas Corp's revenue for the three months ended in May. 2015 was $1,143 Mil. Hence, Cintas Corp's days sales outstanding for the three months ended in May. 2015 was 39.62.
Cintas Corp's days sales outstanding declined from May. 2014 (40.90) to May. 2015 (39.62).
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.
Cintas Corp's Days Sales Outstanding for the fiscal year that ended in May. 2015 is calculated as
Cintas Corp's Days Sales Outstanding for the quarter that ended in May. 2015 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Cintas Corp Annual Data
Cintas Corp Quarterly Data