Cintas (STU:CIT) Change In Receivables : €-132 Mil (TTM As of Feb. 2025)

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What is Cintas Change In Receivables?

Cintas's change in receivables for the quarter that ended in Feb. 2025 was €-29 Mil. It means Cintas's Accounts Receivable increased by €29 Mil from Nov. 2024 to Feb. 2025 .

Cintas's change in receivables for the fiscal year that ended in May. 2024 was €-85 Mil. It means Cintas's Accounts Receivable increased by €85 Mil from May. 2023 to May. 2024 .

Cintas's Accounts Receivable for the quarter that ended in Feb. 2025 was €1,342 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 Feb. 2025 was 48.89.

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 Feb. 2025 was €-2,848 Mil.

Cintas Change In Receivables Historical Data

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.

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Cintas Change In Receivables Chart

Cintas Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Change In Receivables

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36.39

-26.81

-94.97

-139.63

-84.54

Cintas Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Change In Receivables	Get a 7-Day Free Trial															10.98	16.32	-44.56	-75.29	-28.52

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 Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €-132 Mil.

Cintas (STU:CIT) 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 Feb. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1341.911	/	2504.793	*	91
=	48.89

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 Feb. 2025 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	233.691	-	4818.132	+	0.75 * 1341.911	+	0.5 * 1460.03
=	-2,848

Cintas Change In Receivables Related Terms

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Cintas Business Description

Industry

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Traded in Other Exchanges

CTAS:USA CTAS:Mexico 0HYJ:UK CIT:Germany C1TA34:Brazil CTAS:Austria

Address

6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737

Website

https://www.cintas.com

Cintas has roots tracing back to 1929, during which the Farmer family cleaned and re-sold dirty rags to manufacturing plants in Ohio. The firm has grown 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. In the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid, fire, 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.