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SNDR (Schneider National) Cash Conversion Cycle : 28.35 (As of Sep. 2024)


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What is Schneider National Cash Conversion Cycle?

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Schneider National's Days Sales Outstanding for the three months ended in Sep. 2024 was 37.9.
Schneider National's Days Inventory for the three months ended in Sep. 2024 was 6.61.
Schneider National's Days Payable for the three months ended in Sep. 2024 was 16.16.
Therefore, Schneider National's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 28.35.


Schneider National Cash Conversion Cycle Historical Data

The historical data trend for Schneider National's Cash Conversion Cycle 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.

Schneider National Cash Conversion Cycle Chart

Schneider National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.68 25.14 21.43 20.33 27.64

Schneider National Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash Conversion Cycle 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 28.02 29.04 28.40 27.28 28.35

Competitive Comparison of Schneider National's Cash Conversion Cycle

For the Trucking subindustry, Schneider National's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle 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 Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Schneider National's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Schneider National's Cash Conversion Cycle falls into.



Schneider National Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Schneider National's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=40.47+6.31-19.14
=27.64

Schneider National's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=37.9+6.61-16.16
=28.35

* 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.


Schneider National  (NYSE:SNDR) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Schneider National Cash Conversion Cycle Related Terms

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Schneider National Business Description

Traded in Other Exchanges
N/A
Address
3101 South Packerland Drive, Green Bay, WI, USA, 54313
Schneider National Inc is a provider of surface transportation and logistics solutions in North America. The Company offers truckload, intermodal, and logistics services to a diverse customer base throughout the continental United States, Canada, and Mexico. The company's segments include Truckload; Intermodal; Logistics and other. It generates maximum revenue from the Truckload segment.
Executives
Reich Robert M Jr officer: Chief Admin Officer 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Mark B. Rourke officer: EVP & COO 3101 PACKERLAND DRIVE, GREEN BAY WI 54313
Thomas G Jackson officer: EVP & General Counsel KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Shaleen Devgun officer: Chief Information Officer 3101 PACKERLAND DRIVE, GREEN BAY WI 54313
Darrell George Campbell officer: EVP & Chief Financial Officer C/O SCHNEIDER NATIONAL, INC., 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Julie K Streich director 123 MAIN STREET, BRISTOL CT 06010
James Scott Filter officer: EVP, Pres. Transp. and Log. 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
David L Geyer officer: EVP, Pres. Transp. & Log. 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Jyoti Chopra director 3101 S. PACKERLAND DRIVE, GREEN BAY WI 54306-2545
Knight Robert M Jr director UNION PACIFIC CORP, 1416 DODGE ST, OMAHA NE 68179
Dumas Magnin Shelly A officer: Vice President and Controller 3101 S. PACKERLAND DRIVE, GREEN BAY WI 54306-2545
Stephen L Bruffett officer: EVP and CFO 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Amy G Schilling officer: Vice President and Controller 3101 PACKERLAND DRIVE, GREEN BAY WI 54313
John A Swainson director C/O VISA INC., 900 METRO CENTER BLVD., FOSTER CITY CA 94404
Christopher B Lofgren director, officer: CEO & President 520 MADISON AVENUE, NEW YORK NY 10022