Copart (BSP:C1PR34) Days Sales Outstanding

: 15.78 (As of Jan. 2024)

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Copart's average Accounts Receivable for the three months ended in Jan. 2024 was R$868 Mil. Copart's Revenue for the three months ended in Jan. 2024 was R$5,017 Mil. Hence, Copart's Days Sales Outstanding for the three months ended in Jan. 2024 was 15.78.

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

BSP:C1PR34' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.22 Med: 20.4 Max: 24.78
Current: 14.98

During the past 13 years, Copart's highest Days Sales Outstanding was 24.78. The lowest was 12.22. And the median was 20.40.

BSP:C1PR34's Days Sales Outstanding is ranked better than
94.62% of 1041 companies
in the Business Services industry
Industry Median: 58.28 vs BSP:C1PR34: 14.98

Copart's Days Sales Outstanding increased from Jan. 2023 (14.49) to Jan. 2024 (15.78).

Copart Days Sales Outstanding Historical Data

The historical data trend for Copart'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.

* Premium members only.

Copart Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Sales Outstanding

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19.30

13.09

13.12

12.03

14.65

Copart Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															14.49	14.90	15.23	14.34	15.78

Competitive Comparison

For the Specialty Business Services subindustry, Copart'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.

Copart Days Sales Outstanding Distribution

For the Business Services industry and Industrials sector, Copart's Days Sales Outstanding distribution charts can be found below:

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

Copart 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.

Copart's Days Sales Outstanding for the fiscal year that ended in Jul. 2023 is calculated as

	Days Sales Outstanding (A: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (736.748	+	754.077)	/	2 )	/	18575.621	*	365
=	745.4125					/	18575.621	*	365
=	14.65

Copart's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (867.072	+	867.984)	/	2 )	/	5017.297	*	365 / 4
=	867.528					/	5017.297	*	365 / 4
=	15.78

Copart (BSP:C1PR34) Days Sales Outstanding Explanation

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

Copart Days Sales Outstanding Related Terms

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Copart (BSP:C1PR34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Copart Inc (BSP:C1PR34) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CPRT:USA CPRT:Mexico CO6:Germany

Address

14185 Dallas Parkway, Suite 300, Dallas, TX, USA, 75254

Website

https://www.copart.com

Based in Dallas, Copart operates an online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 3.5 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals and used vehicle retailers. About 80% of Copart's vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle's final selling price.

Copart (BSP:C1PR34) Headlines

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