CTAS (Cintas) Change In Receivables: $-135 Mil (TTM As of May. 2026)

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CTAS Cintas Corp CTAS
94 GF Score
Price $203.25
GF Value $210.62
Valuation Fairly Valued
! 1 Warning Sign
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What is Cintas Change In Receivables?

Cintas CTAS +0.94% 94 Change In Receivables is $-135 Mil as of May. 2026. GuruFocus rates CTAS with a GF Score™ of 94/100 and a GF Value™ of $210.62 (Fairly Valued). The stock has 1 warning sign investors should review.

Cintas's change in receivables for the quarter that ended in May. 2026 was $-10 Mil. It means Cintas's Accounts Receivable increased by $10 Mil from Feb. 2026 to May. 2026 .

Cintas's change in receivables for the fiscal year that ended in May. 2026 was $-135 Mil. It means Cintas's Accounts Receivable increased by $135 Mil from May. 2025 to May. 2026 .

Cintas's Accounts Receivable for the quarter that ended in May. 2026 was $1,555 Mil.

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 Receivable are being managed. Cintas's Days Sales Outstanding for the three months ended in May. 2026 was 48.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cintas's liquidation value for the three months ended in May. 2026 was $-3,073 Mil.


Cintas  (NAS:CTAS) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 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 Receivable are being managed.

Cintas's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1555.19/2905.203*91
=48.85

2. In Ben Graham's calculation of liquidation value, Cintas's accounts receivable are only considered to be worth 75% of book value:

Cintas's liquidation value for the quarter that ended in May. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=289.018-5389.253+0.75 * 1555.19+0.5 * 1722.609
=-3,073

* 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.


Cintas Change In Receivables Related Terms


Cintas Change In Receivables Historical Data

* Premium members only.

The historical data trend for Cintas's Change In Receivables 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.

Cintas Change In Receivables Chart

Cintas Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -100.39 -151.77 -91.40 -174.14 -135.22

Cintas Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.38 -3.64 -64.70 -56.46 -10.42
CTAS
94GF Score
Cintas Corp CTAS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Cintas Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-135 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-135 Mil mean?
Cintas (CTAS) has a Change In Receivables of $-135 Mil as of May. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Cintas and its competitors.
Is Cintas' Change In Receivables too high?
Cintas' current Change In Receivables is $-135 Mil. Overall, Cintas has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cintas' Change In Receivables compare to CPRT and ULS?
Cintas' Change In Receivables of $-135 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Business Services company?
A good Change In Receivables depends on the Business Services industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Cintas and its competitors. Cintas's current Change In Receivables is $-135 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cintas stock overvalued right now?
Based on GuruFocus' analysis, Cintas (CTAS) is currently considered Fairly Valued. The stock's GF Value™ is $210.62, compared to a current price of $203.25 — trading 3.5% below its estimated fair value. The current Change In Receivables is $-135 Mil. Cintas' overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Cintas (CTAS), the current Change In Receivables is $-135 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cintas (CTAS) Overvalued in 2026?

Based on GuruFocus' analysis, Cintas stock appears to be undervalued. The current stock price of $203.25 is trading 3.5% below its estimated GF Value™ of $210.62. GuruFocus considers Cintas to be Fairly Valued.

Key valuation signals for CTAS:

  • Change In Receivables: $-135 Mil
  • GF Value™: $210.62 vs. price of $203.25 (3.5% below fair value)
  • GF Score™: 94/100 with 1 warning sign

No single metric tells the full story. See the CTAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cintas Business Description

Address 6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas has roots dating back to 1929, when the Farmer family cleaned and resold dirty rags to manufacturing plants in Ohio. The firm has expanded its business organically and through acquisitions, and today Cintas acts as a one-stop outsourcing partner for businesses. Cintas will design, manufacture, collect, and clean every employee uniform for a small weekly sum, taking on the upfront capital expense itself. At the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid supplies, fire extinguishers, and cleaning products. Businesses value an outsourcing partner like Cintas as it simplifies operations and leaves noncore tasks with high regulatory standards in the hands of professionals.
94GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$203.25
Price
$210.62
GF Value