Corinthian Colleges (FRA:CH7) Days Sales Outstanding : 17.54 (As of Jun. 2013)

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What is Corinthian Colleges Days Sales Outstanding?

Corinthian Colleges's average Accounts Receivable for the six months ended in Jun. 2013 was €68 Mil. Corinthian Colleges's Revenue for the six months ended in Jun. 2013 was €1,213 Mil. Hence, Corinthian Colleges's Days Sales Outstanding for the six months ended in Jun. 2013 was 10.19.

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

FRA:CH7's Days Sales Outstanding is not ranked ^*
in the Education industry.
Industry Median: 27.545
* Ranked among companies with meaningful Days Sales Outstanding only.

Corinthian Colleges's Days Sales Outstanding declined from Jun. 2011 (32.99) to Jun. 2013 (17.54).

Corinthian Colleges Days Sales Outstanding Historical Data

The historical data trend for Corinthian Colleges'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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Corinthian Colleges Days Sales Outstanding Chart

Corinthian Colleges Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Days Sales Outstanding

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23.67

15.82

27.46

27.72

20.38

Corinthian Colleges Semi-Annual Data
	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13
Days Sales Outstanding	Get a 7-Day Free Trial											18.41	19.72	32.99	22.01	17.54

Competitive Comparison of Corinthian Colleges's Days Sales Outstanding

For the Education & Training Services subindustry, Corinthian Colleges'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.

Corinthian Colleges's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Corinthian Colleges's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Corinthian Colleges's Days Sales Outstanding falls into.

Corinthian Colleges 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.

Corinthian Colleges's Days Sales Outstanding for the fiscal year that ended in Jun. 2013 is calculated as

	Days Sales Outstanding (A: Jun. 2013 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2012 )	+	Accounts Receivable (A: Jun. 2013 ))	/	count )	/	Revenue (A: Jun. 2013 )	*	Days in Period
=	( (77.151	+	58.283)	/	2 )	/	1212.955	*	365
=	67.717					/	1212.955	*	365
=	20.38

Corinthian Colleges's Days Sales Outstanding for the quarter that ended in Jun. 2013 is calculated as:

	Days Sales Outstanding (Q: Jun. 2013 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2012 )	+	Accounts Receivable (A: Jun. 2013 ))	/	count )	/	Revenue (A: Jun. 2013 )	*	Days in Period
=	( (77.151	+	58.283)	/	2 )	/	1212.955	*	365 / 2
=	67.717					/	1212.955	*	365 / 2
=	10.19

Corinthian Colleges (FRA:CH7) Days Sales Outstanding Explanation

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

Corinthian Colleges Days Sales Outstanding Related Terms

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Corinthian Colleges (FRA:CH7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Corinthian Colleges Inc (FRA:CH7) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.cci.edu

Corinthian Colleges Inc is a post-secondary education company in the United States and Canada. It offers diploma programs and associate, bachelors and master's degrees through a single operating segment. As of June 30, 2013, it has a student enrollment of 81,284 and operated 97 schools in 25 states, and 14 schools in the province of Ontario, Canada. The Company has acquired 76 colleges including the Heald acquisition and has opened 35 branch campuses. Its training program areas include healthcare, criminal justice, business, mechanical, trades, and information technology. The Company's diploma programs provide students with the requisite knowledge and job skills for entry-level positions in their chosen career.Key elements of its operating strategy includes emphasize Student Outcomes, create an Effective Learning Environment, focus on Attractive Markets, manage School and Program Performance, Standardize Key Business Processes and Centralize Key Functions.

Corinthian Colleges (FRA:CH7) Headlines

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