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Jack Henry & Associates, Inc (NAS:JKHY)
Days Sales Outstanding
42.40 (As of Sep. 2015)

Jack Henry & Associates, Inc's account receivable for the three months ended in Sep. 2015 was $149 Mil. Jack Henry & Associates, Inc's revenue for the three months ended in Sep. 2015 was $322 Mil. Hence, Jack Henry & Associates, Inc's days sales outstanding for the three months ended in Sep. 2015 was 42.40.

JKHY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 72.1   Max: 114.32
Current: 41.37

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 89.39.

JKHY's Days Sales Outstanding is ranked higher than
68% of the 556 Companies
in the Global Business Services industry.

( Industry Median: 57.94 vs. JKHY: 41.37 )

Jack Henry & Associates, Inc's days sales outstanding declined from Sep. 2014 (48.95) to Sep. 2015 (42.40).


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 Sep. 2015 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=149.454/321.618*365 / 4
=42.40

* 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 111.12114.32105.1195.6793.9784.8081.3478.2372.1772.10

Jack Henry & Associates, Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysSalesOutstanding 51.0343.5044.1767.1648.9543.9740.4967.8542.4040.32
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