The Cato's average Accounts Receivable for the
three
months ended in Jan. 2024 was $21.4 Mil. The Cato's Revenue for the
three
months ended in Jan. 2024 was $174.9 Mil.
Hence, The Cato's Days Sales Outstanding for the
three
months ended in Jan. 2024 was 11.15.
The historical rank and industry rank for The Cato's Days Sales Outstanding or its related term are showing as below:
CATO'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.75 Med: 7.99 Max: 11.33
Current: 11.33
During the past 13 years, The Cato's highest Days Sales Outstanding was 11.33. The lowest was 4.75. And the median was 7.99.
CATO's Days Sales Outstanding is ranked better than 61.39% of 1080
companies
in the Retail - Cyclical industry
Industry Median: 17.665
vs CATO: 11.33
The Cato's Days Sales Outstanding
increased
from Jan. 2023 (9.43) to Jan. 2024 (11.15).
The Cato Days Sales Outstanding Historical Data
The historical data trend for The Cato'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.
Competitive Comparison of The Cato's Days Sales Outstanding
For the Apparel Retail subindustry, The Cato'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.
The Cato's Days Sales Outstanding Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, The Cato's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where The Cato's Days Sales Outstanding falls into.
The Cato 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.
* 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.
The Cato (NYSE:CATO) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
The Cato Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of The Cato's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
The Cato Corp operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. Its primary objective is to be the fashion specialty retailer for fashion and value in its markets. The company operates through the following business segments: Retail and Credit. The Retail segment which generates majority revenue offers fashion specialty stores. The Credit segment involves credit card services.
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