CDNAF (Canadian Tire) Days Sales Outstanding : 27.53 (As of Mar. 2025)

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What is Canadian Tire Days Sales Outstanding?

Canadian Tire's average Accounts Receivable for the three months ended in Mar. 2025 was $726 Mil. Canadian Tire's Revenue for the three months ended in Mar. 2025 was $2,408 Mil. Hence, Canadian Tire's Days Sales Outstanding for the three months ended in Mar. 2025 was 27.53.

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

CDNAF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.88 Med: 17.45 Max: 25.56
Current: 25.56

During the past 13 years, Canadian Tire's highest Days Sales Outstanding was 25.56. The lowest was 13.88. And the median was 17.45.

CDNAF's Days Sales Outstanding is ranked worse than
59.46% of 1083 companies
in the Retail - Cyclical industry
Industry Median: 18.39 vs CDNAF: 25.56

Canadian Tire's Days Sales Outstanding declined from Mar. 2024 (31.75) to Mar. 2025 (27.53).

Canadian Tire Days Sales Outstanding Historical Data

The historical data trend for Canadian Tire'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.

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Canadian Tire Days Sales Outstanding Chart

Canadian Tire Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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17.49

15.61

16.44

18.60

19.25

Canadian Tire Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Sales Outstanding	Get a 7-Day Free Trial															31.75	25.28	23.37	22.81	27.53

Competitive Comparison of Canadian Tire's Days Sales Outstanding

For the Specialty Retail subindustry, Canadian Tire'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.

Canadian Tire's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Canadian Tire's Days Sales Outstanding distribution charts can be found below:

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

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Canadian Tire 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.

Canadian Tire's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (628.876	+	582.298)	/	2 )	/	11481.575	*	365
=	605.587					/	11481.575	*	365
=	19.25

Canadian Tire's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding (Q: Mar. 2025 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )	/	Revenue (A: Mar. 2025 )	*	Days in Period
=	( (582.298	+	870.437)	/	2 )	/	2407.843	*	365 / 4
=	726.3675					/	2407.843	*	365 / 4
=	27.53

Canadian Tire (OTCPK:CDNAF) Days Sales Outstanding Explanation

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

Canadian Tire Days Sales Outstanding Related Terms

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Canadian Tire Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Canadian Tire Corp Ltd (OTCPK:CDNAF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

YAAA:Germany CTC.A:Canada CTC:Canada

Address

2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8

Website

https://www.corp.canadiantire.ca

Canadian Tire is a leading general merchandise retailer with over 1,400 affiliated stores across Canada. The company operates about 650 stores, with the remaining operated by franchisees or third-party dealers. The retailer boasts a wide array of owned and affiliated banners that include its iconic namesake brand, Mark's, Sport Chek, Sports Experts, PartSource, Party City, and Helly Hansen. Its product assortment includes automotive parts, appliances, home improvement items, sporting goods, and apparel. The firm also offers a loyalty program with 11 million members and owns a financial services arm that manages a credit card portfolio for its more than 2 million active users.