Switch to:
GuruFocus has detected 3 Warning Signs with Cato Corp $CATO.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Cato Corp (NYSE:CATO)
Days Sales Outstanding
12.29 (As of Apr. 2017)

Cato Corp's account receivable for the three months ended in Apr. 2017 was $32.3 Mil. Cato Corp's revenue for the three months ended in Apr. 2017 was $239.7 Mil. Hence, Cato Corp's days sales outstanding for the three months ended in Apr. 2017 was 12.29.

CATO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.58   Max: 19.53
Current: 12.98

11.58
19.53

During the past 13 years, Cato Corp's highest Days Sales Outstanding was 19.53. The lowest was 11.58. And the median was 15.62.

CATO's Days Sales Outstanding is ranked higher than
54% of the 696 Companies
in the Global Apparel Stores industry.

( Industry Median: 13.59 vs. CATO: 12.98 )

Cato Corp's days sales outstanding increased from Apr. 2016 (11.86) to Apr. 2017 (12.29).


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.

Cato Corp's Days Sales Outstanding for the fiscal year that ended in Jan. 2017 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=30.336/956.569*365
=11.58

Cato Corp's Days Sales Outstanding for the quarter that ended in Apr. 2017 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=32.298/239.741*365 / 4
=12.29

* 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.

Cato Corp Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
DaysSalesOutstanding 19.5318.7816.5815.6716.8615.4715.5615.1713.2211.58

Cato Corp Quarterly Data

Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17Apr17
DaysSalesOutstanding 15.5912.3213.6515.4613.3411.8613.0414.4412.5612.29
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK