Corus Entertainment (Corus Entertainment) Days Sales Outstanding : 96.63 (As of Feb. 2024)

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What is Corus Entertainment Days Sales Outstanding?

Corus Entertainment's average Accounts Receivable for the three months ended in Feb. 2024 was $235 Mil. Corus Entertainment's Revenue for the three months ended in Feb. 2024 was $222 Mil. Hence, Corus Entertainment's Days Sales Outstanding for the three months ended in Feb. 2024 was 96.63.

The historical rank and industry rank for Corus Entertainment's Days Sales Outstanding or its related term are showing as below:

CJREF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 67.9 Med: 73.71 Max: 83.69
Current: 82.56

During the past 13 years, Corus Entertainment's highest Days Sales Outstanding was 83.69. The lowest was 67.90. And the median was 73.71.

CJREF's Days Sales Outstanding is ranked worse than
61.21% of 1021 companies
in the Media - Diversified industry
Industry Median: 69.25 vs CJREF: 82.56

Corus Entertainment's Days Sales Outstanding declined from Feb. 2023 (98.54) to Feb. 2024 (96.63).

Corus Entertainment Days Sales Outstanding Historical Data

The historical data trend for Corus Entertainment's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Corus Entertainment Days Sales Outstanding Chart

Corus Entertainment Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

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78.87

74.70

66.70

69.74

69.43

Corus Entertainment Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial															98.54	78.11	83.45	78.06	96.63

Competitive Comparison of Corus Entertainment's Days Sales Outstanding

For the Entertainment subindustry, Corus Entertainment's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Corus Entertainment's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Corus Entertainment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Corus Entertainment's Days Sales Outstanding falls into.

Corus Entertainment Days Sales Outstanding Calculation

Days Sales Outstanding measures 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 Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Corus Entertainment's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (225.42	+	201.165)	/	2 )	/	1121.264	*	365
=	213.2925					/	1121.264	*	365
=	69.43

Corus Entertainment's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (260.576	+	209.346)	/	2 )	/	221.879	*	365 / 4
=	234.961					/	221.879	*	365 / 4
=	96.63

Corus Entertainment (OTCPK:CJREF) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Corus Entertainment Days Sales Outstanding Related Terms

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Corus Entertainment (Corus Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Corus Entertainment Inc (OTCPK:CJREF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

9CO:Germany CJR.B:Canada

Address

25 Dockside Drive, Corus Quay, Toronto, ON, CAN, M5A 0B5

Website

https://www.corusent.com

Corus Entertainment Inc is a media and content company that operates in the diversified media industry. The company has two business segments, which includes television, and radio. The television business segment has a portfolio of television channels. The radio business segment controls a number of stations that cater to the music, news, and talk radio markets. Television segment is the key revenue driver for the group. The company generates the vast majority of its revenue in Canada.