RXO (RXO) Days Payable : 36.12 (As of Dec. 2024)

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What is RXO Days Payable?

RXO's average Accounts Payable for the three months ended in Dec. 2024 was $570 Mil. RXO's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,440 Mil. Hence, RXO's Days Payable for the three months ended in Dec. 2024 was 36.12.

The historical rank and industry rank for RXO's Days Payable or its related term are showing as below:

RXO' s Days Payable Range Over the Past 10 Years
Min: 42 Med: 47.34 Max: 51.08
Current: 43.72

During the past 6 years, RXO's highest Days Payable was 51.08. The lowest was 42.00. And the median was 47.34.

RXO's Days Payable is ranked better than
58.51% of 940 companies
in the Transportation industry
Industry Median: 36.315 vs RXO: 43.72

RXO's Days Payable declined from Dec. 2023 (48.32) to Dec. 2024 (36.12). It may suggest that RXO accelerated paying its suppliers.

RXO Days Payable Historical Data

The historical data trend for RXO's Days Payable 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.

RXO Days Payable Chart

RXO Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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50.51

42.00

47.34

51.08

46.50

RXO Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial												48.32	46.69	44.85	49.52	36.12

Competitive Comparison of RXO's Days Payable

For the Trucking subindustry, RXO's Days Payable, along with its competitors' market caps and Days Payable 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.

RXO's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, RXO's Days Payable distribution charts can be found below:

* The bar in red indicates where RXO's Days Payable falls into.

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RXO Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

RXO's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (414	+	568)	/	2 )	/	3854	*	365
=	491					/	3854	*	365
=	46.50

RXO's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (572	+	568)	/	2 )	/	1440	*	365 / 4
=	570					/	1440	*	365 / 4
=	36.12

RXO Days Payable Related Terms

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RXO Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » RXO Inc (NYSE:RXO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

11215 North Community House Road, Charlotte, NC, USA, 28277

Website

https://www.rxo.com

RXO Inc is a brokered transportation platform defined by cutting-edge technology and a nimble, asset-light business model, with the component being core truck brokerage business. Its operations also include three asset-light, brokered transportation services, all of which complement its truck brokerage business: managed transportation, last mile and freight forwarding. The company operates into one reportable segment. The operates within the transportation industry and in the same geography North America.

Executives

Michelle Nettles	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Mfn Partners, Lp	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Christine S Breves	director	600 GRANT STREET, SUITE 6100, PITTSBURGH PA 16059
Andrew M. Wilkerson	officer: Chief Executive Officer	11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Stephen M. Renna	director	11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Thomas A Szlosek	director	HONEYWELL INTERNATIONAL INC., 115 TABOR ROAD, MORRIS PLAINS NJ 07950
Farhad Nanji	10 percent owner	C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
Jason S. Kerr	officer: Chief Accounting Officer	11215 N. COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Adrian Kingshott	director	C/O RXO, INC., 11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Annamaria Desalva	director	C/O RXO, INC., 11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Mfn Partners Management, Lp	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Michael Demichele	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Gp, Llc	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Management, Llc	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mary E. Kissel	director	C/O RXO, INC., 11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277