What is Knight-Swift Transportation Holdings Change In Receivables?
Knight-Swift Transportation Holdings's change in receivables for the quarter that ended in Dec. 2023 was $65 Mil. It means Knight-Swift Transportation Holdings's Accounts Receivable
declined by $65 Mil
from Sep. 2023 to Dec. 2023 .
Knight-Swift Transportation Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $148 Mil. It means Knight-Swift Transportation Holdings's Accounts Receivable
declined by $148 Mil
from Dec. 2022 to Dec. 2023 .
Knight-Swift Transportation Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $889 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.
Knight-Swift Transportation Holdings's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 41.97.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Knight-Swift Transportation Holdings's liquidation value for the
three
months ended in Dec. 2023 was $-4,932 Mil.
Knight-Swift Transportation Holdings Change In Receivables Historical Data
The historical data trend for Knight-Swift Transportation Holdings'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.
Knight-Swift Transportation Holdings Change In Receivables Chart
Knight-Swift Transportation Holdings 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 $148 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.
Knight-Swift Transportation Holdings (NYSE:KNX) 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.
Knight-Swift Transportation Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of liquidation value, Knight-Swift Transportation Holdings's accounts receivable are only considered to be worth 75% of book value:
Knight-Swift Transportation Holdings's liquidation value for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Knight-Swift Transportation Holdings Change In Receivables Related Terms
Thank you for viewing the detailed overview of Knight-Swift Transportation Holdings's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Knight-Swift Transportation Holdings (Knight-Swift Transportation Holdings) Business Description
Knight-Swift is the largest truckload, or TL, carrier in the U.S., with a diversified transportation offering. Pro forma for the U.S. Xpress deal, 74% of revenue derives from Knight's asset-based trucking business, with full-truckload (for-hire dry van, refrigerated, and dedicated contract) making up 63% and LTL at 11%. Truck brokerage and other asset-light logistics services make up 14% of revenue, with intermodal near 6%. Knight's intermodal operations use the Class-I railroads for the underlying movement of its shipping containers and also include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue (6%) reflects services offered to shippers and third-party truckers including insurance, equipment maintenance, and equipment leasing.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
KNX has been successfully added to your 