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P.A.M. Transportation Services (P.A.M. Transportation Services) Accounts Receivable : $75.7 Mil (As of Dec. 2023)


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What is P.A.M. Transportation Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. P.A.M. Transportation Services's accounts receivables for the quarter that ended in Dec. 2023 was $75.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. P.A.M. Transportation Services's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 38.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. P.A.M. Transportation Services's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-11.10.


P.A.M. Transportation Services Accounts Receivable Historical Data

The historical data trend for P.A.M. Transportation 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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P.A.M. Transportation Services Accounts Receivable Chart

P.A.M. Transportation Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.50 68.58 105.99 119.55 75.65

P.A.M. Transportation 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 131.43 100.81 96.46 75.65 95.55

P.A.M. Transportation Services Accounts Receivable Calculation

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


P.A.M. Transportation 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.

P.A.M. Transportation Services's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=75.653/180.168*91
=38.32

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

P.A.M. Transportation Services's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(143.817+0.75 * 75.653+0.5 * 2.321-446.241
-0-0)/22.0213
=-11.10

* 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.


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.


P.A.M. Transportation Services Accounts Receivable Related Terms

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P.A.M. Transportation Services (P.A.M. Transportation Services) Business Description

Traded in Other Exchanges
N/A
Address
297 West Henri De Tonti Boulevard, Tontitown, AR, USA, 72770
P.A.M. Transportation Services Inc is engaged in truckload dry van carriers transporting general commodities. Its operations are classified as motor carrier segment or brokerage and logistics services around the United States, Mexico, and Canada. The company freight consists of automotive parts, expedited goods, consumer goods, such as general retail store merchandise, and manufactured goods, such as heating and air conditioning units. The company generates maximum revenue from the United States.
Executives
Edwin J. Lukas director 12225 STEPHENS ROAD, WARREN MI 48089
Matthew T Moroun director, 10 percent owner 12225 STEPHENS ROAD, WARREN MI 48089
W Scott Davis director 7 SUNSET DRIVE, LITTLE ROCK AR 72207
Joseph A. Vitiritto director, officer: President and CEO P.O. BOX 188, TONTITOWN AR 72770
Matthew J. Moroun director 12225 STEPHENS ROAD, WARREN MI 48089
Michael D. Bishop director P.O. BOX 188, TONTITOWN AR 72770
Humberto Pete Montano director P.O. BOX 188, TONTITOWN AR 72770
Allen West officer: VP Finance, CFO, Secy, Treas POST OFFICE BOX 188, TONTITOWN AR 72770
Matt Herndon officer: Chief Operating Officer 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Franklin Mclarty director 297 WEST HENRI DE TONTI, TONTITOWN AR 72770
Daniel H Cushman director, officer: President PO BOX 188, TONTITOWN AR 72770
Norman E Harned director 12225 STEPHENS ROAD, WARREN MI 48089
Frederick P Calderone director C/O CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089
Larry J Goddard officer: EXECUTIVE VICE PRESIDENT PAM TRANSPORTATION SVC INC, 297 W HENRI DETONTI BLVD, TONTITOWN AR 72712
Lance Stewart officer: VP Fin, CFO, Sec. and Treas. POST OFFICE BOX 188, TONTITOWN AR 72770