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Cintas Corporation's account receivable for the three months ended in Feb. 2014 was $530 Mil. Cintas Corporation's revenue for the three months ended in Feb. 2014 was $1,130 Mil. Hence, Cintas Corporation's days sales outstanding for the three months ended in Feb. 2014 was 42.65.
Cintas Corporation's days sales outstanding declined from Feb. 2013 (43.18) to Feb. 2014 (42.65).
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 Corporation's Days Sales Outstanding for the fiscal year that ended in May. 2013 is calculated as
Cintas Corporation's Days Sales Outstanding for the quarter that ended in Feb. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Cintas Corporation Annual Data
Cintas Corporation Quarterly Data