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Jack Henry & Associates Inc (NAS:JKHY)
Days Sales Outstanding
67.03 (As of Jun. 2016)

Jack Henry & Associates Inc's account receivable for the three months ended in Jun. 2016 was $270 Mil. Jack Henry & Associates Inc's revenue for the three months ended in Jun. 2016 was $367 Mil. Hence, Jack Henry & Associates Inc's days sales outstanding for the three months ended in Jun. 2016 was 67.03.

JKHY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 72.1   Max: 114.32
Current: 72.63

72.1
114.32

During the past 13 years, Jack Henry & Associates Inc's highest Days Sales Outstanding was 114.32. The lowest was 72.10. And the median was 83.07.

JKHY's Days Sales Outstanding is ranked lower than
65% of the 551 Companies
in the Global Business Services industry.

( Industry Median: 58.09 vs. JKHY: 72.63 )

Jack Henry & Associates Inc's days sales outstanding declined from Jun. 2015 (67.85) to Jun. 2016 (67.03).


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.

Jack Henry & Associates Inc's Days Sales Outstanding for the fiscal year that ended in Jun. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=269.559/1354.646*365
=72.63

Jack Henry & Associates Inc's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=269.559/366.969*365 / 4
=67.03

* 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.

Jack Henry & Associates Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysSalesOutstanding 114.32105.1195.6793.9784.8081.3478.2372.1772.1072.63

Jack Henry & Associates Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysSalesOutstanding 44.1767.1648.9543.9740.4967.8542.4041.1839.8967.03
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