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XPO (LTS:0M1O) Cash Receipts from Deposits by Banks and Customers


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What is XPO Cash Receipts from Deposits by Banks and Customers?

Cash Receipts from Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


XPO Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » XPO Inc (LTS:0M1O) » Definitions » Cash Receipts from Deposits by Banks and Customers
Traded in Other Exchanges
Address
Five American Lane, Greenwich, CT, USA, 06831
Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. We estimate LTL shipping makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. However, XPO's LTL segment EBITDA mix is much higher than 60%. We believe XPO intends to divest its European trucking division once it finds the right buyer.