CAR (CRCRF) Days Sales Outstanding : 3.59 (As of Dec. 2020)

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What is CAR Days Sales Outstanding?

CAR's average Accounts Receivable for the six months ended in Dec. 2020 was $10.1 Mil. CAR's Revenue for the six months ended in Dec. 2020 was $514.7 Mil. Hence, CAR's Days Sales Outstanding for the six months ended in Dec. 2020 was 3.59.

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

CRCRF's Days Sales Outstanding is not ranked ^*
in the Business Services industry.
Industry Median: 58.72
* Ranked among companies with meaningful Days Sales Outstanding only.

CAR's Days Sales Outstanding declined from Dec. 2019 (5.80) to Dec. 2020 (3.59).

CAR Days Sales Outstanding Historical Data

The historical data trend for CAR'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.

CAR Days Sales Outstanding Chart

CAR Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Sales Outstanding

Get a 7-Day Free Trial

10.08

4.43

5.46

4.63

4.40

CAR Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Days Sales Outstanding	Get a 7-Day Free Trial										5.32	6.05	5.80	5.92	3.59

Competitive Comparison of CAR's Days Sales Outstanding

For the Rental & Leasing Services subindustry, CAR'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.

CAR's Days Sales Outstanding Distribution in the Business Services Industry

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

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

CAR 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.

CAR's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

	Days Sales Outstanding (A: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (13.803	+	8.775)	/	2 )	/	936.554	*	365
=	11.289					/	936.554	*	365
=	4.40

CAR's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

	Days Sales Outstanding (Q: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2020 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (11.488	+	8.775)	/	2 )	/	514.659	*	365 / 2
=	10.1315					/	514.659	*	365 / 2
=	3.59

CAR (GREY:CRCRF) Days Sales Outstanding Explanation

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

CAR Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of CAR's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

CAR (CRCRF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CAR Inc (GREY:CRCRF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2A Zhonghuan South Road, 3rd Floor, Block B, Lead International, Wangjing, Chaoyang District, Beijing, CHN, 100102

Website

https://www.zuche.com

CAR Inc is engaged in providing car rental services. Its businesses include the provision of long-term and short-term car rental services, finance lease and the sales of used rental vehicles, among others. The company is engaged in vehicle parking management, processing and manufacture of auto parts, the provision of auto repair services, as well as the provision of information technology (IT) services. It also offers other services including accident coverage packages, GPS ( Global Positioning System) navigation systems, 24/7 roadside assistance, and others.

CAR (CRCRF) Headlines

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