JB Hunt Transport Services (JB Hunt Transport Services) Accounts Receivable : $1,272 Mil (As of Mar. 2024)

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What is JB Hunt Transport Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. JB Hunt Transport Services's accounts receivables for the quarter that ended in Mar. 2024 was $1,272 Mil.

Accounts receivable can be measured by Days Sales Outstanding. JB Hunt Transport Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 39.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. JB Hunt Transport Services's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-31.43.

JB Hunt Transport Services Accounts Receivable Historical Data

The historical data trend for JB Hunt Transport Services's Accounts Receivable 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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JB Hunt Transport Services Accounts Receivable Chart

JB Hunt Transport Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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1,011.83

1,124.40

1,506.62

1,528.08

1,334.91

JB Hunt Transport Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															1,382.90	1,286.24	1,369.97	1,334.91	1,272.12

JB Hunt Transport Services Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

JB Hunt Transport Services Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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 receivables are being managed.

JB Hunt Transport Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1272.115	/	2944.001	*	91
=	39.43

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), JB Hunt Transport Services's accounts receivable are only considered to be worth 75% of book value:

JB Hunt Transport Services's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(64.185	+	0.75 * 1272.115	+	0.5 * 0	-	4261.352
-	0	-	0)	/	103.197
=	-31.43

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

JB Hunt Transport Services Accounts Receivable Related Terms

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JB Hunt Transport Services (JB Hunt Transport Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » JB Hunt Transport Services Inc (NAS:JBHT) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

JB1:Germany JBHT:Austria

Address

615 J.B. Hunt Corporate Drive, P.O. Box 130, Lowell, AR, USA, 72745-0130

Website

https://www.jbhunt.com

J.B. Hunt Transport Services ranks among the top surface transportation companies in North America by revenue. Its primary operating segments are intermodal delivery, which uses the Class I rail carriers for the underlying line-haul movement of its owned containers (48% of sales in 2023); dedicated trucking services that provide customer-specific fleet needs (28%); for-hire truckload (6%); heavy goods final-mile delivery (7%), and asset-light truck brokerage (11%).

Executives

James K Thompson	director, officer: President and Chief Executive	615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Shelley Simpson	other: President, ICS	615 JB HUNT CORPORATE DRIVE, LOWELL AR 72745
Spencer Frazier	officer: EVP of Sales and Marketing	615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Eric Mcgee	officer: EVP Highway Services	615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Darren P. Field	officer: EVP Intermodal	615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
David Keefauver	officer: EVP of DCS	615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Bradley W. Hicks	officer: EVP Dedicated	615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Nicholas Hobbs	officer: EVP/President DCS	PO BOX 130, 615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Stuart Lockard Scott	other: EVP/CIO	615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
John Kuhlow	other: VP/Controller	615 JB HUNT CORPORATE DRIVE, LOWELL AR 72745
Persio V Lisboa	director	C/O NAVISTAR INTERNATIONAL CORPORATION, 2701 NAVISTAR DRIVE, LISLE IL 60532
Alfred C Harper	other: EVP and Chief Operations Offic	615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Sharilyn S Gasaway	director	ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Brian Webb	officer: EVP- Final Mile Services	615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745
Jennifer Boattini	officer: See Remarks	615 J.B. HUNT CORPORATE DRIVE, LOWELL AR 72745