Old Dominion Freight Line (BSP:O1DF34) Days Sales Outstanding

: 37.12 (As of Dec. 2023)

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Old Dominion Freight Line's average Accounts Receivable for the three months ended in Dec. 2023 was R$2,981 Mil. Old Dominion Freight Line's Revenue for the three months ended in Dec. 2023 was R$7,328 Mil. Hence, Old Dominion Freight Line's Days Sales Outstanding for the three months ended in Dec. 2023 was 37.12.

The historical rank and industry rank for Old Dominion Freight Line's Days Sales Outstanding or its related term are showing as below:

BSP:O1DF34' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.41 Med: 36.87 Max: 38.82
Current: 36.07

During the past 13 years, Old Dominion Freight Line's highest Days Sales Outstanding was 38.82. The lowest was 33.41. And the median was 36.87.

BSP:O1DF34's Days Sales Outstanding is ranked better than
63.84% of 968 companies
in the Transportation industry
Industry Median: 45.47 vs BSP:O1DF34: 36.07

Old Dominion Freight Line's Days Sales Outstanding increased from Dec. 2022 (36.97) to Dec. 2023 (37.12).

Old Dominion Freight Line Days Sales Outstanding Historical Data

The historical data trend for Old Dominion Freight Line'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.

* Premium members only.

Old Dominion Freight Line Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

35.62

34.63

33.75

34.70

37.28

Old Dominion Freight Line Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																36.97	36.29	37.11	35.15	37.12

Competitive Comparison

For the Trucking subindustry, Old Dominion Freight Line'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.

Old Dominion Freight Line Days Sales Outstanding Distribution

For the Transportation industry and Industrials sector, Old Dominion Freight Line's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Old Dominion Freight Line's Days Sales Outstanding falls into.

Old Dominion Freight Line 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Old Dominion Freight Line's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3035.24	+	2836.421)	/	2 )	/	28742.972	*	365
=	2935.8305					/	28742.972	*	365
=	37.28

Old Dominion Freight Line's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3125.575	+	2836.421)	/	2 )	/	7327.896	*	365 / 4
=	2980.998					/	7327.896	*	365 / 4
=	37.12

Old Dominion Freight Line (BSP:O1DF34) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Old Dominion Freight Line Days Sales Outstanding Related Terms

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Old Dominion Freight Line (BSP:O1DF34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Old Dominion Freight Line Inc (BSP:O1DF34) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ODFL:USA ODFL:Mexico ODF:Germany

Address

500 Old Dominion Way, Thomasville, NC, USA, 27360

Website

https://www.odfl.com

Old Dominion Freight Line is the second-largest less than truckload carrier in the United States, with more than 250 service centers and 11,000-plus tractors. It is one of the most disciplined and efficient providers in the trucking industry, and its profitability and capital returns stand head and shoulders above its peers. Strategic initiatives revolve around increasing network density through market share gains and maintaining industry-leading service via steadfast infrastructure investment.

Old Dominion Freight Line (BSP:O1DF34) Headlines

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