HTLD (Heartland Express) Change In Receivables: $17.1 Mil (TTM As of Mar. 2026)

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HTLD Heartland Express Inc HTLD
66 GF Score
Price $12.22
GF Value $7.98
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Heartland Express Change In Receivables?

Heartland Express HTLD -3.85% 66 Change In Receivables is $17.1 Mil as of Mar. 2026. GuruFocus rates HTLD with a GF Score™ of 66/100 and a GF Value™ of $7.98 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Heartland Express's change in receivables for the quarter that ended in Mar. 2026 was $-3.7 Mil. It means Heartland Express's Accounts Receivable increased by $3.7 Mil from Dec. 2025 to Mar. 2026 .

Heartland Express's change in receivables for the fiscal year that ended in Dec. 2025 was $17.4 Mil. It means Heartland Express's Accounts Receivable declined by $17.4 Mil from Dec. 2024 to Dec. 2025 .

Heartland Express's Accounts Receivable for the quarter that ended in Mar. 2026 was $77.8 Mil.

Days Sales Outstanding measures of 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. Heartland Express's Days Sales Outstanding for the three months ended in Mar. 2026 was 40.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Heartland Express's liquidation value for the three months ended in Mar. 2026 was $-329.0 Mil.


Heartland Express  (NAS:HTLD) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.

Heartland Express's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=77.843/176.256*91
=40.30

2. In Ben Graham's calculation of liquidation value, Heartland Express's accounts receivable are only considered to be worth 75% of book value:

Heartland Express's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=44.49-431.888+0.75 * 77.843+0.5 * 0
=-329.0

* 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.


Heartland Express Change In Receivables Related Terms


Heartland Express Change In Receivables Historical Data

* Premium members only.

The historical data trend for Heartland Express's Change In Receivables 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.

Heartland Express Change In Receivables Chart

Heartland Express Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 20.03 37.08 11.12 17.45

Heartland Express Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables 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 -3.37 9.30 5.70 5.82 -3.67
HTLD
66GF Score
Heartland Express Inc HTLD
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Heartland Express Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.1 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $17.1 Mil mean?
Heartland Express (HTLD) has a Change In Receivables of $17.1 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Heartland Express and its competitors.
Is Heartland Express' Change In Receivables too high?
Heartland Express' current Change In Receivables is $17.1 Mil. Overall, Heartland Express has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Heartland Express' Change In Receivables compare to CVLG and MRTN?
Heartland Express' Change In Receivables of $17.1 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Transportation company?
A good Change In Receivables depends on the Transportation industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Heartland Express and its competitors. Heartland Express's current Change In Receivables is $17.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heartland Express stock overvalued right now?
Based on GuruFocus' analysis, Heartland Express (HTLD) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.98, compared to a current price of $12.22 — trading 53.1% above its estimated fair value. The current Change In Receivables is $17.1 Mil. Heartland Express' overall GF Score™ is 66/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Heartland Express (HTLD), the current Change In Receivables is $17.1 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Heartland Express (HTLD) Overvalued in 2026?

Based on GuruFocus' analysis, Heartland Express stock appears to be overvalued. The current stock price of $12.22 is trading 53.1% above its estimated GF Value™ of $7.98. GuruFocus considers Heartland Express to be Significantly Overvalued.

Key valuation signals for HTLD:

  • Change In Receivables: $17.1 Mil
  • GF Value™: $7.98 vs. price of $12.22 (53.1% above fair value)
  • GF Score™: 66/100 with 2 warning signs

No single metric tells the full story. See the HTLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heartland Express Business Description

Address 901 Heartland Way, North Liberty, IA, USA, 52317
Heartland Express Inc, along with its subsidiaries, operates as a short, medium, and long-haul truckload carrier and transportation services provider. It mainly provides nationwide asset-based dry van truckload service for shippers across the United States, along with cross-border freight and other transportation services offered through third-party partnerships in Mexico. The group operates under the brand names of Heartland Express, Millis Transfer, Smith Transport, and CFI (for services within Mexico).
66GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.22
Price
$7.98
GF Value