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Cars.com (Cars.com) Days Sales Outstanding : 61.90 (As of Dec. 2023)


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What is Cars.com Days Sales Outstanding?

Cars.com's average Accounts Receivable for the three months ended in Dec. 2023 was $121.8 Mil. Cars.com's Revenue for the three months ended in Dec. 2023 was $179.6 Mil. Hence, Cars.com's Days Sales Outstanding for the three months ended in Dec. 2023 was 61.90.

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

CARS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52   Med: 57.93   Max: 65.14
Current: 61.1

During the past 11 years, Cars.com's highest Days Sales Outstanding was 65.14. The lowest was 52.00. And the median was 57.93.

CARS's Days Sales Outstanding is ranked worse than
50.39% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.785 vs CARS: 61.10

Cars.com's Days Sales Outstanding increased from Dec. 2022 (58.29) to Dec. 2023 (61.90).


Cars.com Days Sales Outstanding Historical Data

The historical data trend for Cars.com'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.

Cars.com Days Sales Outstanding Chart

Cars.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.38 65.14 56.34 57.73 61.78

Cars.com Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding 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 58.29 60.62 61.11 60.07 61.90

Competitive Comparison of Cars.com's Days Sales Outstanding

For the Auto & Truck Dealerships subindustry, Cars.com'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.


Cars.com's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cars.com's Days Sales Outstanding distribution charts can be found below:

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



Cars.com 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.

Cars.com's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (107.93 + 125.373) / 2 ) / 689.183*365
=116.6515 / 689.183*365
=61.78

Cars.com's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (118.285 + 125.373) / 2 ) / 179.606*365 / 4
=121.829 / 179.606*365 / 4
=61.90

* 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.


Cars.com  (NYSE:CARS) Days Sales Outstanding Explanation

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


Cars.com Days Sales Outstanding Related Terms

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


Cars.com (Cars.com) Business Description

Traded in Other Exchanges
N/A
Address
300 S. Riverside Plaza, Suite 1000, Chicago, IL, USA, 60606
Cars.com Inc is an online destination for buying and selling new and used vehicles. The company brands include Dealer Inspire, DealerRater, FUEL, Accu-Trade, PickupTrucks.com, CreditIQ, and NewCars.com., websites directed towards different consumer segments.
Executives
Thomas Alex Vetter director, officer: CEO C/O CARS.COM INC.,300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60604
Sonia Jain officer: Chief Financial Officer 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Angelique Strong Marks officer: Chief Legal Officer 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Bryan Wiener director 520 BROAD STREET, NEWARK NJ 07102
Douglas Neal Miller officer: Chief Revenue Officer CARS.COM INC., 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Mcgovern Jr. Donald A. director C/O CARS.COM, 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Thomas E Hale director 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Jeanette Tomy officer: Chief Financial Officer 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
James F Rogers officer: Chief Legal Officer 175 W. JACKSON, SUITE 800, CHICAGO IL 60604
Jenell Ross director 2000 CLEARWATER DRIVE, OAK BROOK IL 60523
Scott E Forbes director C/O CARS.COM INC.,300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Jill A Greenthal director MARTHA STEWART LIVING OMNIMEDIA INC, 11 WEST 42ND STREET 25TH FLOOR, NEW YORK NY 10036
Becky A Sheehan officer: Chief Financial Officer C/O CARS.COM, 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Michael Joseph Kelly director C/O EYEBLASTER, INC., 135 WEST 18TH STREET, 5TH FLOOR, NEW YORK NY 10011
Greg Revelle director N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051