Schneider National (FRA:SNIA) Days Payable : 19.04 (As of Dec. 2023)

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What is Schneider National Days Payable?

Schneider National's average Accounts Payable for the three months ended in Dec. 2023 was €242 Mil. Schneider National's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,161 Mil. Hence, Schneider National's Days Payable for the three months ended in Dec. 2023 was 19.04.

The historical rank and industry rank for Schneider National's Days Payable or its related term are showing as below:

FRA:SNIA' s Days Payable Range Over the Past 10 Years
Min: 17.27 Med: 19.48 Max: 22.05
Current: 20.76

During the past 11 years, Schneider National's highest Days Payable was 22.05. The lowest was 17.27. And the median was 19.48.

FRA:SNIA's Days Payable is ranked worse than
79.91% of 931 companies
in the Transportation industry
Industry Median: 39.25 vs FRA:SNIA: 20.76

Schneider National's Days Payable declined from Dec. 2022 (22.83) to Dec. 2023 (19.04). It may suggest that Schneider National accelerated paying its suppliers.

Schneider National Days Payable Historical Data

The historical data trend for Schneider National's Days Payable 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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Schneider National Days Payable Chart

Schneider National Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.55

21.20

21.08

18.87

19.44

Schneider National Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															22.83	22.19	23.41	20.47	19.04

Competitive Comparison of Schneider National's Days Payable

For the Trucking subindustry, Schneider National's Days Payable, along with its competitors' market caps and Days Payable 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.

Schneider National's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Schneider National's Days Payable distribution charts can be found below:

* The bar in red indicates where Schneider National's Days Payable falls into.

Schneider National Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Schneider National's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (261.205	+	221.272)	/	2 )	/	4529.521	*	365
=	241.2385					/	4529.521	*	365
=	19.44

Schneider National's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (263.391	+	221.272)	/	2 )	/	1161.472	*	365 / 4
=	242.3315					/	1161.472	*	365 / 4
=	19.04

Schneider National Days Payable Related Terms

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Schneider National (FRA:SNIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Schneider National Inc (FRA:SNIA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SNDR:USA

Address

3101 South Packerland Drive, Green Bay, WI, USA, 54313

Website

https://www.schneider.com

Schneider National Inc ranks among the largest providers of surface transportation and logistics solutions in North America. The company's segments include Truckload; Intermodal; Logistics and other. It generates maximum revenue from the Truckload segment.

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