Canadian National Railway Co (TSX:CNR) Days Sales Outstanding : 26.37 (As of Dec. 2023)

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What is Canadian National Railway Co Days Sales Outstanding?

Canadian National Railway Co's average Accounts Receivable for the three months ended in Dec. 2023 was C$1,292 Mil. Canadian National Railway Co's Revenue for the three months ended in Dec. 2023 was C$4,471 Mil. Hence, Canadian National Railway Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.37.

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

TSX:CNR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.02 Med: 26.71 Max: 29.94
Current: 28.47

During the past 13 years, Canadian National Railway Co's highest Days Sales Outstanding was 29.94. The lowest was 26.02. And the median was 26.71.

TSX:CNR's Days Sales Outstanding is ranked better than
73.29% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs TSX:CNR: 28.47

Canadian National Railway Co's Days Sales Outstanding declined from Dec. 2022 (29.10) to Dec. 2023 (26.37).

Canadian National Railway Co Days Sales Outstanding Historical Data

The historical data trend for Canadian National Railway Co'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 National Railway Co Days Sales Outstanding Chart

Canadian National Railway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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29.14

29.94

26.83

26.08

28.97

Canadian National Railway Co 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															29.10	29.15	29.33	28.69	26.37

Competitive Comparison of Canadian National Railway Co's Days Sales Outstanding

For the Railroads subindustry, Canadian National Railway Co'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 National Railway Co's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canadian National Railway Co's Days Sales Outstanding distribution charts can be found below:

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

Canadian National Railway Co 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 National Railway Co'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
=	( (1371	+	1300)	/	2 )	/	16828	*	365
=	1335.5					/	16828	*	365
=	28.97

Canadian National Railway Co'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
=	( (1284	+	1300)	/	2 )	/	4471	*	365 / 4
=	1292					/	4471	*	365 / 4
=	26.37

Canadian National Railway Co (TSX:CNR) 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 National Railway Co Days Sales Outstanding Related Terms

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Canadian National Railway Co (TSX:CNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Canadian National Railway Co (TSX:CNR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CNI:USA CNI:Mexico CY2:Germany CNIC34:Brazil

Address

935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9

Website

https://www.cn.ca

Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2022, CN generated roughly CAD 17.1 billion in revenue by hauling intermodal containers (29% of consolidated revenue), petroleum and chemicals (19%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.

Canadian National Railway Co (TSX:CNR) Headlines

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