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Swift Transportation Co (Swift Transportation Co) Change In Receivables : $17 Mil (TTM As of Jun. 2017)


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What is Swift Transportation Co Change In Receivables?

Swift Transportation Co's change in receivables for the quarter that ended in Jun. 2017 was $-5 Mil. It means Swift Transportation Co's Accounts Receivable increased by $5 Mil from Mar. 2017 to Jun. 2017 .

Swift Transportation Co's change in receivables for the fiscal year that ended in Dec. 2016 was $15 Mil. It means Swift Transportation Co's Accounts Receivable declined by $15 Mil from Dec. 2015 to Dec. 2016 .

Swift Transportation Co's Accounts Receivable for the quarter that ended in Jun. 2017 was $401 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. Swift Transportation Co's Days Sales Outstanding for the three months ended in Jun. 2017 was 36.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Swift Transportation Co's liquidation value for the three months ended in Jun. 2017 was $-1,501 Mil.


Swift Transportation Co Change In Receivables Historical Data

The historical data trend for Swift Transportation Co'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.

* Premium members only.

Swift Transportation Co Change In Receivables Chart

Swift Transportation Co Annual Data
Trend Dec05 Dec06 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.53 -16.61 -63.41 48.57 14.98

Swift Transportation Co Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Change In Receivables 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 -8.64 14.91 -6.18 12.88 -4.65

Swift Transportation Co 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 Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $17 Mil.

* 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.


Swift Transportation Co  (NYSE:SWFT) 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.

Swift Transportation Co's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=401.261/993.058*91
=36.87

2. In Ben Graham's calculation of liquidation value, Swift Transportation Co's accounts receivable are only considered to be worth 75% of book value:

Swift Transportation Co's liquidation value for the quarter that ended in Jun. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=64.909-1875.548+0.75 * 401.261+0.5 * 16.699
=-1,501

* 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.


Swift Transportation Co Change In Receivables Related Terms

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Swift Transportation Co (Swift Transportation Co) Business Description

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Swift Transportation is the largest full-truckload carrier (74% of revenue) in the United States, with an effective fleet of more than 19,000 tractors across all its divisions, when including owner-operators. Following its acquisition of Central Refrigerated in 2013, it ranks among the top 10 temperature-controlled providers (8%). Swift also offers intermodal (9%), which competes with the likes of J.B. Hunt. In December 2010, Swift came public for a second time; founder Jerry Moyes had taken it private in 2007.

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