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Cintas Corp (NAS:CTAS)
Days Sales Outstanding
79.57 (As of Aug. 2016)

Cintas Corp's account receivable for the three months ended in Aug. 2016 was $1,128 Mil. Cintas Corp's revenue for the three months ended in Aug. 2016 was $1,294 Mil. Hence, Cintas Corp's days sales outstanding for the three months ended in Aug. 2016 was 79.57.

CTAS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.59   Max: 82.37
Current: 82.37

34.59
82.37

During the past 13 years, Cintas Corp's highest Days Sales Outstanding was 82.37. The lowest was 34.59. And the median was 40.36.

CTAS's Days Sales Outstanding is ranked lower than
73% of the 563 Companies
in the Global Business Services industry.

( Industry Median: 58.35 vs. CTAS: 82.37 )

Cintas Corp's days sales outstanding increased from Aug. 2015 (40.43) to Aug. 2016 (79.57).


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. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=563.178/4905.458*365
=41.90

Cintas Corp's Days Sales Outstanding for the quarter that ended in Aug. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1128.496/1294.13*365 / 4
=79.57

* 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.

Cintas Corp Annual Data

May07May08May09May10May11May12May13May14May15May16
DaysSalesOutstanding 40.2639.8634.5937.2741.1140.1242.6444.2540.4541.90

Cintas Corp Quarterly Data

May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16
DaysSalesOutstanding 54.0340.5141.4440.9839.6240.4341.1141.3340.4279.57
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