Also, if I have daily runoff volume in cubic feet, is there a way to convert it to cfs? I was thinking as daily runoff volume would be for 24 hours, so if I divide it by 86,400, will that give me runoff in cfs?
You can sum the 24 hourly precipitation amounts and divide by 24 to get the average daily value, if needed for some reason. It is important to retain the detail records though, as daily precipitation intensities are often less desired than the hourly intensities.
Dividing daily cubic feet by 86400 seconds per day does yield the average daily discharge rate in cfs.