Marten Transport (Marten Transport) Days Sales Outstanding

: 37.99 (As of Dec. 2023)

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Marten Transport's average Accounts Receivable for the three months ended in Dec. 2023 was $112 Mil. Marten Transport's Revenue for the three months ended in Dec. 2023 was $268 Mil. Hence, Marten Transport's Days Sales Outstanding for the three months ended in Dec. 2023 was 37.99.

The historical rank and industry rank for Marten Transport's Days Sales Outstanding or its related term are showing as below:

MRTN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.72 Med: 37.1 Max: 39.21
Current: 36.84

During the past 13 years, Marten Transport's highest Days Sales Outstanding was 39.21. The lowest was 31.72. And the median was 37.10.

MRTN's Days Sales Outstanding is ranked better than
62.63% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs MRTN: 36.84

Marten Transport's Days Sales Outstanding increased from Dec. 2022 (34.69) to Dec. 2023 (37.99).

Marten Transport Days Sales Outstanding Historical Data

The historical data trend for Marten Transport's Days Sales Outstanding 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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Marten Transport Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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37.60

36.35

34.19

31.72

36.49

Marten Transport Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															34.69	36.15	36.26	37.44	37.99

Competitive Comparison

For the Trucking subindustry, Marten Transport's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Marten Transport Days Sales Outstanding Distribution

For the Transportation industry and Industrials sector, Marten Transport's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Marten Transport's Days Sales Outstanding falls into.

Marten Transport Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Marten Transport's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (120.702	+	105.501)	/	2 )	/	1131.455	*	365
=	113.1015					/	1131.455	*	365
=	36.49

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

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (117.82	+	105.501)	/	2 )	/	268.222	*	365 / 4
=	111.6605					/	268.222	*	365 / 4
=	37.99

Marten Transport (NAS:MRTN) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Marten Transport Days Sales Outstanding Related Terms

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Marten Transport (Marten Transport) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Marten Transport Ltd (NAS:MRTN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

129 Marten Street, Mondovi, WI, USA, 54755

Website

http://www.marten.com

Marten Transport Ltd is a temperature-sensitive truckload carrier in the United States. It is engaged in transporting and distributing food and other consumer packaged goods which requires a temperature-controlled or insulated environment. The company operates through four segments including Truckload, Dedicated, Intermodal, and Brokerage. It generates maximum revenue from the Truckload segment. The Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services.

Executives

Randall John Baier	officer: Exec. VP & Chief Tech. Officer	129 MARTEN STREET, MONDOVI WI 54755
Thomas J Winkel	director
Patricia L Jones	director	C/O 505 HIGHWAY 169 NORTH, SUITE 1000, PLYMOUTH MN 55441
Larry B Hagness	director
James J Hinnendael	officer: Chief Financial Officer	129 MARTEN STREET, MONDOVI WI 54755
John H Turner	officer: Vice President of Sales	129 MARTEN STREET, MONDOVI WI 54755
Robert L Demorest	director	2235 VALE CREST, MINNEAPOLIS MN 55422
Jerry M Bauer	director
Douglas Paul Petit	officer: President	129 MARTEN STREET, MONDOVI WI 54755
Timothy M Kohl	officer: President	129 MARTEN STREET, MONDOVI WI 54755
Randolph L Marten	director, 10 percent owner, officer: Chairman and President	129 MARTEN STREET, MONDOVI WI 54755
Kathleen P Iverson	director	5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Timothy P Nash	officer: Exec. VP of Sales & Marketing
Ronald Richard Booth	director	129 MARTEN STREET, MONDOVI WI 54755
G Larry Owens	director