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GuruFocus has detected 5 Warning Signs with Jack Henry & Associates Inc $JKHY.
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Jack Henry & Associates Inc (NAS:JKHY)
Days Sales Outstanding
38.29 (As of Dec. 2016)

Jack Henry & Associates Inc's account receivable for the three months ended in Dec. 2016 was $146 Mil. Jack Henry & Associates Inc's revenue for the three months ended in Dec. 2016 was $349 Mil. Hence, Jack Henry & Associates Inc's days sales outstanding for the three months ended in Dec. 2016 was 38.29.

JKHY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.3   Max: 114.32
Current: 38.3

38.3
114.32

During the past 13 years, Jack Henry & Associates Inc's highest Days Sales Outstanding was 114.32. The lowest was 38.30. And the median was 82.70.

JKHY's Days Sales Outstanding is ranked higher than
72% of the 524 Companies
in the Global Business Services industry.

( Industry Median: 59.50 vs. JKHY: 38.30 )

Jack Henry & Associates Inc's days sales outstanding declined from Dec. 2015 (41.18) to Dec. 2016 (38.29).


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
=253.923/1354.646*365
=68.42

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=146.256/348.553*365 / 4
=38.29

* 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.

Jack Henry & Associates Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysSalesOutstanding 114.32105.1195.6793.9784.8080.5976.7169.9771.3068.42

Jack Henry & Associates Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 46.2943.9740.4967.1042.4041.1839.8963.1439.2538.29
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