Saia (SAIA) Accounts Receivable : $312 Mil (As of Dec. 2023)

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What is Saia Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Saia's accounts receivables for the quarter that ended in Dec. 2023 was $312 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Saia's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 37.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Saia's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-4.23.

Saia Accounts Receivable Historical Data

The historical data trend for Saia'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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Saia Accounts Receivable Chart

Saia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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196.12

216.90

276.76

290.31

311.74

Saia Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															290.31	294.92	299.55	345.94	311.74

Saia Accounts Receivable Calculation

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

Saia 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.

Saia's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	311.742	/	751.132	*	91
=	37.87

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

Saia'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)
=	(296.215	+	0.75 * 311.742	+	0.5 * 0	-	642.071
-	0	-	0)	/	26.4797
=	-4.23

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.

Saia Accounts Receivable Related Terms

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Saia (SAIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Saia Inc (NAS:SAIA) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

SQR:Germany SQR:Germany

Address

11465 Johns Creek Parkway, Suite 400, Johns Creek, GA, USA, 30097

Website

https://www.saia.com

Saia ranks among the 10 largest less-than-truckload carriers in the United States, with more than 190 facilities and a fleet of about 6,200 tractors and 20,800 trailers. As a national LTL carrier, the firm offers time-definite and expedited options for shipments ranging between 100 and 10,000 pounds. Saia ranks among the top-tier providers in terms of profitability.

Executives

Di-ann Eisnor	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Raymond R Ramu	officer: Chief Customer Officer	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Patrick D Sugar	officer: EVP Operations	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Holzgrefe Frederick J Iii	officer: VP Finance, CFO and Secretary	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Douglas L Col	officer: VP Finance, CFO	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Susan F Ward	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Donna E Epps	director	11465 JOHNS CREEK PARKWAY, SUITE400, JOHNS CREEK GA 30097
Richard D Odell	officer: President & CEO of Saia	11465 JOHNS CREEK PARKWAY, STE 400, JOHNS CREEK GA 30097
Anthony R Norwood	officer: EVP & CHRO	11465 JOHNS CREEK PARKWAY, JOHNS CREEK GA 30097
Kelly W Benton	officer: VP & Controller	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Rohit Lal	officer: VP Information Technology, CIO	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Kevin A Henry	director	13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
Donald R James	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Karla J Staver	officer: VP Safety and Human Resources	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Stephanie R Maschmeier	officer: Controller	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097