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

Jack Henry & Associates Inc's account receivable for the three months ended in Mar. 2016 was $146 Mil. Jack Henry & Associates Inc's revenue for the three months ended in Mar. 2016 was $333 Mil. Hence, Jack Henry & Associates Inc's days sales outstanding for the three months ended in Mar. 2016 was 39.89.

JKHY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.97   Max: 114.32
Current: 40.23

69.97
114.32

During the past 13 years, Jack Henry & Associates Inc's highest Days Sales Outstanding was 114.32. The lowest was 69.97. And the median was 89.39.

JKHY's Days Sales Outstanding is ranked higher than
70% of the 582 Companies
in the Global Business Services industry.

( Industry Median: 58.93 vs. JKHY: 40.23 )

Jack Henry & Associates Inc's days sales outstanding declined from Mar. 2015 (40.49) to Mar. 2016 (39.89).


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. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=248.14/1256.19*365
=72.10

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=145.642/333.186*365 / 4
=39.89

* 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

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysSalesOutstanding 111.12114.32105.1195.6793.9784.8080.5976.7169.9772.10

Jack Henry & Associates Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysSalesOutstanding 43.5044.1767.1648.9543.9740.4967.8542.4041.1839.89
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