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Cintas Corp (NAS:CTAS)
Days Sales Outstanding
41.11 (As of Nov. 2015)

Cintas Corp's account receivable for the three months ended in Nov. 2015 was $549 Mil. Cintas Corp's revenue for the three months ended in Nov. 2015 was $1,219 Mil. Hence, Cintas Corp's days sales outstanding for the three months ended in Nov. 2015 was 41.11.

CTAS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.59   Max: 41.95
Current: 42.93

34.59
41.95

During the past 13 years, Cintas Corp's highest Days Sales Outstanding was 41.95. The lowest was 34.59. And the median was 40.36.

CTAS's Days Sales Outstanding is ranked higher than
67% of the 553 Companies
in the Global Business Services industry.

( Industry Median: 57.70 vs. CTAS: 42.93 )

Cintas Corp's days sales outstanding declined from Nov. 2014 (41.44) to Nov. 2015 (41.11).


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.

Cintas Corp's Days Sales Outstanding for the fiscal year that ended in May. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=496.13/4476.886*365
=40.45

Cintas Corp's Days Sales Outstanding for the quarter that ended in Nov. 2015 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=549.19/1219.08*365 / 4
=41.11

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Cintas Corp Annual Data

May06May07May08May09May10May11May12May13May14May15
DaysSalesOutstanding 41.8140.2639.8634.5937.2741.1140.1241.9541.5240.45

Cintas Corp Quarterly Data

Aug13Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15
DaysSalesOutstanding 42.4342.2643.5040.9040.5141.4440.9839.6240.4341.11
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