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ArcBest (ArcBest) Days Sales Outstanding : 37.67 (As of Dec. 2023)


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What is ArcBest Days Sales Outstanding?

ArcBest's average Accounts Receivable for the three months ended in Dec. 2023 was $450 Mil. ArcBest's Revenue for the three months ended in Dec. 2023 was $1,090 Mil. Hence, ArcBest's Days Sales Outstanding for the three months ended in Dec. 2023 was 37.67.

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

ARCB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.08   Med: 35.13   Max: 43.77
Current: 38.2

During the past 13 years, ArcBest's highest Days Sales Outstanding was 43.77. The lowest was 30.08. And the median was 35.13.

ARCB's Days Sales Outstanding is ranked better than
60.97% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs ARCB: 38.20

ArcBest's Days Sales Outstanding declined from Dec. 2022 (44.88) to Dec. 2023 (37.67).


ArcBest Days Sales Outstanding Historical Data

The historical data trend for ArcBest'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.

ArcBest Days Sales Outstanding Chart

ArcBest Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.40 37.46 43.77 39.91 39.06

ArcBest 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 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 44.88 40.75 37.21 36.35 37.67

Competitive Comparison of ArcBest's Days Sales Outstanding

For the Trucking subindustry, ArcBest'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.


ArcBest's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where ArcBest's Days Sales Outstanding falls into.



ArcBest 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.

ArcBest'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
=( (517.494 + 430.122) / 2 ) / 4427.443*365
=473.808 / 4427.443*365
=39.06

ArcBest'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
=( (469.49 + 430.122) / 2 ) / 1089.535*365 / 4
=449.806 / 1089.535*365 / 4
=37.67

* 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.


ArcBest  (NAS:ARCB) Days Sales Outstanding Explanation

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


ArcBest Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of ArcBest's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


ArcBest (ArcBest) Business Description

Traded in Other Exchanges
Address
8401 McClure Drive, Fort Smith, AR, USA, 72916
ArcBest Corp is engaged in logistics operations. The company operates in three business segments namely Asset-Based, ArcBest and FleetNet. Asset-Based segment which represents ABF Freight System, Inc. and certain other subsidiaries, including ABF Freight System (B.C.) ULC; ABF Freight System Canada ULC; ABF Cartage, Inc.; and Land-Marine Cargo, Inc.. ArcBest segment consist asset-light logistics operation, including MoLo, Panther, and certain other subsidiaries. FleetNet segment revenues consist of service fee revenue, roadside repair revenue, and routine maintenance services revenue. The ArcBest and FleetNet reportable segments, combined, represent its Asset-Light operations.
Executives
Janice E Stipp director 1281 COVINGTON ROAD, BLOOMFIELD HILLS MI 48301
John Matthew Beasley officer: CFO and Treasurer(1) 8401 MCCLURE DRIVE, FORT SMITH AR 72916
Kathleen D. Mcelligott director MCKESSON CORPORATION, 6555 NORTH STATE HWY 161, IRVING TX 75039
Anderson Dennis L Ii officer: Vice President - Strategy ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Craig E Philip director ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Steven Spinner director C/O UNITED NATURAL FOODS, INC., 260 LAKE ROAD, DAYVILLE CT 06241
Michael R Johns officer: VP - Gen Counsel & Corp Sec ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Judy R Mcreynolds officer: Vice President - Controller ARCBEST CORPORATION, PO BOX 10048, FORT SMITH AR 72917-0048
Michael E Newcity officer: Chief Financial Officer - VP ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Seth Runser officer: President of ABF Freight 8401 MCCLURE DRIVE, FORT SMITH AR 72916
Erin K Gattis officer: VP - Human Resources ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903
Christopher A Adkins officer: VP - Yield & Management (1) 8401 MCCLURE DR., FORT SMITH AR 72916
Jason T Parks officer: VP - Controller (1) 8401 MCCLURE DRIVE, FORT SMITH AR 72916
Salvatore A Abbate director 1000 ABERNATHY ROAD NE., BUILDING 400, SUITE 1700, ATLANTA GA 30328
Daniel E Loe officer: VP - Enterp Cust Sols (1) ARCBEST CORPORATION, 3801 OLD GREENWOOD ROAD, FORT SMITH AR 72903