Costco Wholesale (COST) Days Sales Outstanding

: 4.15 (As of Feb. 2024)

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Costco Wholesale's average Accounts Receivable for the three months ended in Feb. 2024 was $2,661 Mil. Costco Wholesale's Revenue for the three months ended in Feb. 2024 was $58,442 Mil. Hence, Costco Wholesale's Days Sales Outstanding for the three months ended in Feb. 2024 was 4.15.

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

COST' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.12 Med: 3.61 Max: 4
Current: 3.76

During the past 13 years, Costco Wholesale's highest Days Sales Outstanding was 4.00. The lowest was 3.12. And the median was 3.61.

COST's Days Sales Outstanding is ranked better than
84.97% of 306 companies
in the Retail - Defensive industry
Industry Median: 23.52 vs COST: 3.76

Costco Wholesale's Days Sales Outstanding declined from Feb. 2023 (4.48) to Feb. 2024 (4.15).

Costco Wholesale Days Sales Outstanding Historical Data

The historical data trend for Costco Wholesale'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.

Costco Wholesale Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

3.83

3.38

3.12

3.25

3.41

Costco Wholesale Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding																4.48	4.44	2.77	3.81	4.15

Competitive Comparison

For the Discount Stores subindustry, Costco Wholesale'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.

Costco Wholesale Days Sales Outstanding Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Costco Wholesale's Days Sales Outstanding distribution charts can be found below:

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

Costco Wholesale 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.

Costco Wholesale's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (2241	+	2285)	/	2 )	/	242290	*	365
=	2263					/	242290	*	365
=	3.41

Costco Wholesale's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (2542	+	2779)	/	2 )	/	58442	*	365 / 4
=	2660.5					/	58442	*	365 / 4
=	4.15

Costco Wholesale (NAS:COST) Days Sales Outstanding Explanation

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

Costco Wholesale Days Sales Outstanding Related Terms

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

Costco Wholesale (COST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Costco Wholesale Corp (NAS:COST) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

COST:Mexico CTO0:Germany CTO:Germany CTO:Germany CTO:Germany CTO:Germany COST:Chile COST:Canada COWC34:Brazil COST:Argentina

Address

999 Lake Drive, Issaquah, WA, USA, 98027

Website

https://www.costco.com

Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates nearly 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the U.K.

Executives

W Craig Jelinek	officer: Executive VP	999 LAKE DRIVE, ISSAQUAH WA 98027
Yoram Rubananko	officer: Executive VP	999 LAKE DRIVE, ISSAQUAH WA 98027
Caton Frates	officer: Executive Vice President	999 LAKE DRIVE, ISSAQUAH WA 98027
Daniel M. Hines	other: Principal Acctg Officer	999 LAKE DRIVE, ISSAQUAH WA 98027
Richard A Galanti	director, officer: Executive VP and CFO	999 LAKE DRIVE, ISSAQUAH WA 98027
Pierre Riel	officer: EVP	999 LAKE DRIVE, ISSAQUAH WA 98027
Russell D Miller	officer: Executive Vice President	999 LAKE DRIVE, ISSAQUAH WA 98027
Claudine Adamo	officer: Executive Vice President	999 LAKE DRIVE, ISSAQUAH WA 98027
James C Klauer	officer: Executive Vice President	999 LAKE DRIVE, ISSAQUAH WA 98027
Patrick J Callans	officer: Executive VP	999 LAKE DRIVE, ISSAQUAH WA 98027
Helena Foulkes	director	ONE CVS DRIVE, WOONSOCKET RI 02895
Susan L Decker	director	C/O YAHOO INC, 701 FIRST AVE, SUNNYVALE CA 94089
Roland Michael Vachris	officer: Executive VP	999 LAKE DRIVE, ISSAQUAH WA 98027
James P. Murphy	officer: Executive VP	999 LAKE DRIVE, ISSAQUAH WA 98027
Kenneth D Denman	director