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Daseke (Daseke) Accounts Receivable : $158 Mil (As of Dec. 2023)


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What is Daseke Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Daseke's accounts receivables for the quarter that ended in Dec. 2023 was $158 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Daseke's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 40.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Daseke's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-19.33.


Daseke Accounts Receivable Historical Data

The historical data trend for Daseke'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.

* Premium members only.

Daseke Accounts Receivable Chart

Daseke Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 197.80 154.40 172.30 179.00 157.80

Daseke 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 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 179.00 175.30 180.10 185.60 157.80

Daseke Accounts Receivable Calculation

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


Daseke 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=157.8/360*91
=40.00

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

Daseke'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)
=(76.6+0.75 * 157.8+0.5 * 4.1-984.7
-112.6-0)/46.5665
=-19.33

* 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.


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.


Daseke Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Daseke's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Daseke (Daseke) Business Description

Traded in Other Exchanges
Address
15455 Dallas Parkway, Suite 550, Addison, TX, USA, 75001
Daseke Inc provides transportation and logistics solutions focused exclusively on flatbed and specialized freight in North America. It has two reportable segments: Flatbed Solutions and Specialized Solutions. The Flatbed Solutions segment focuses on delivering transportation and logistics solutions that principally require the use of flatbed and retractable-sided transportation equipment; and the Specialized Solutions segment focuses on delivering transportation and logistics solutions that require the use of specialized trailering transportation equipment. Daseke derives most of its revenues from its Specialized Solutions segment.
Executives
Aaron Coley officer: EVP and CFO 15455 DALLAS PKWY, SUITE 550, ADDISON TX 75001
Scott Hoppe officer: EVP and COO C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Rick Alan Williams officer: EVP and COO 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Melendy E Lovett director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Bruce Blaise director C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Williams Ena Koschel director 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Catharine D Ellingsen director 18500 N. ALLIED WAY, PHOENIX AZ 85054
Charles F Serianni director 110 S.E. 6TH STREET, 28TH FLOOR, FORT LAUDERDALE FL 33301
Jason R. Bates officer: EVP and CFO USA TRUCK, INC., 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Grant Edward Garbers director C/O DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Soumit Roy officer: Chief Legal Officer & Sec. DASEKE, 15455 DALLAS PARKWAY, SUITE 550, ADDISON TX 75001
Jonathan Shepko director 15455 DALLAS PKWY, STE. 440, ADDISON TX 75001
Kevin M. Charlton director 14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
Brian Bonner director 15455 DALLAS PKWY, STE. 440, ADDISON TX 75001
Kimberly Warmbier director 3150 SABRE DRIVE, SOUTHLAKE TX 76092