P.A.M. Transportation Services (P.A.M. Transportation Services) Change In Receivables : $52.6 Mil (TTM As of Dec. 2023)

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What is P.A.M. Transportation Services Change In Receivables?

P.A.M. Transportation Services's change in receivables for the quarter that ended in Dec. 2023 was $17.7 Mil. It means P.A.M. Transportation Services's Accounts Receivable declined by $17.7 Mil from Sep. 2023 to Dec. 2023 .

P.A.M. Transportation Services's change in receivables for the fiscal year that ended in Dec. 2023 was $52.6 Mil. It means P.A.M. Transportation Services's Accounts Receivable declined by $52.6 Mil from Dec. 2022 to Dec. 2023 .

P.A.M. Transportation Services's Accounts Receivable for the quarter that ended in Dec. 2023 was $75.7 Mil.

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 Receivable are being managed. P.A.M. Transportation Services's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. P.A.M. Transportation Services's liquidation value for the three months ended in Dec. 2023 was $-244.5 Mil.

P.A.M. Transportation Services Change In Receivables Historical Data

The historical data trend for P.A.M. Transportation Services's Change In Receivables 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 Change In Receivables Chart

P.A.M. Transportation Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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2.26

-17.90

-46.54

-7.53

52.57

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
Change In Receivables	Get a 7-Day Free Trial															1.83	29.40	3.61	17.74	-

P.A.M. Transportation Services Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $52.6 Mil.

P.A.M. Transportation Services (NAS:PTSI) Change In Receivables 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 Receivable 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 liquidation value, P.A.M. Transportation Services's accounts receivable are only considered to be worth 75% of book value:

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	143.817	-	446.241	+	0.75 * 75.653	+	0.5 * 2.321
=	-244.5

P.A.M. Transportation Services Change In Receivables Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » P.A.M. Transportation Services Inc (NAS:PTSI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

297 West Henri De Tonti Boulevard, Tontitown, AR, USA, 72770

Website

https://www.pamtransport.com

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