Heartland Express's average Accounts Receivable for the
three
months ended in Dec. 2023 was $108 Mil. Heartland Express's Revenue for the
three
months ended in Dec. 2023 was $275 Mil.
Hence, Heartland Express's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 35.90.
The historical rank and industry rank for Heartland Express's Days Sales Outstanding or its related term are showing as below:
HTLD'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.77 Med: 33.61 Max: 36.66
Current: 36.1
During the past 13 years, Heartland Express's highest Days Sales Outstanding was 36.66. The lowest was 31.77. And the median was 33.61.
HTLD's Days Sales Outstanding is ranked better than 63.77% of 966
companies
in the Transportation industry
Industry Median: 45.73
vs HTLD: 36.10
Heartland Express's Days Sales Outstanding
declined
from Dec. 2022 (38.93) to Dec. 2023 (35.90).
Heartland Express Days Sales Outstanding Historical Data
The historical data trend for Heartland Express'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.
For the Trucking subindustry, Heartland Express'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.
Heartland Express Days Sales Outstanding Distribution
For the Transportation industry and Industrials sector, Heartland Express's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Heartland Express's Days Sales Outstanding falls into.
Heartland Express 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.
* 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.
Heartland Express (NAS:HTLD) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Heartland Express Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Heartland Express's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Heartland Express (Heartland Express) Business Description
Heartland Express Inc is engaged in providing truckload services across the United States and Canada. These truckload services are primarily asset-based transportation services in the dry van truckload market, and it also offers truckload temperature-controlled transportation services. The company's major customers represent primarily the consumer goods, appliances, food products, and automotive industries.
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