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FirstCash Inc (NYSE:FCFS)
Days Sales Outstanding
168.81 (As of Sep. 2016)

FirstCash Inc's account receivable for the three months ended in Sep. 2016 was $483.1 Mil. FirstCash Inc's revenue for the three months ended in Sep. 2016 was $261.2 Mil. Hence, FirstCash Inc's days sales outstanding for the three months ended in Sep. 2016 was 168.81.

FCFS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.39   Max: 215.64
Current: 215.64

7.39
215.64

During the past 13 years, FirstCash Inc's highest Days Sales Outstanding was 215.64. The lowest was 7.39. And the median was 70.00.

FCFS's Days Sales Outstanding is ranked lower than
83% of the 178 Companies
in the Global Credit Services industry.

( Industry Median: 16.46 vs. FCFS: 215.64 )

FirstCash Inc's days sales outstanding increased from Sep. 2015 (79.45) to Sep. 2016 (168.81).


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.

FirstCash Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=135.125/704.602*365
=70.00

FirstCash Inc's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=483.118/261.153*365 / 4
=168.81

* 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.

FirstCash Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 100.1663.5460.9365.3372.9360.3574.1173.6669.9970.00

FirstCash Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 78.9582.3761.5268.1878.2079.4564.4172.0677.21168.81
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