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PAL (Proficient Auto Logistics) Days Sales Outstanding : 39.26 (As of Sep. 2024)


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What is Proficient Auto Logistics Days Sales Outstanding?

Proficient Auto Logistics's average Accounts Receivable for the three months ended in Sep. 2024 was $39.4 Mil. Proficient Auto Logistics's Revenue for the three months ended in Sep. 2024 was $91.5 Mil. Hence, Proficient Auto Logistics's Days Sales Outstanding for the three months ended in Sep. 2024 was 39.26.

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

PAL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0   Med: 0   Max: 26.88
Current: 26.88

During the past 1 years, Proficient Auto Logistics's highest Days Sales Outstanding was 26.88. The lowest was 0.00. And the median was 0.00.

PAL's Days Sales Outstanding is ranked better than
75.21% of 968 companies
in the Transportation industry
Industry Median: 45.59 vs PAL: 26.88

Proficient Auto Logistics's Days Sales Outstanding increased from Sep. 2023 (0.00) to Sep. 2024 (39.26).


Proficient Auto Logistics Days Sales Outstanding Historical Data

The historical data trend for Proficient Auto Logistics'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.

Proficient Auto Logistics Days Sales Outstanding Chart

Proficient Auto Logistics Annual Data
Trend Dec23
Days Sales Outstanding
-

Proficient Auto Logistics Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Sales Outstanding Get a 7-Day Free Trial - 10.58 144.90 65.38 39.26

Competitive Comparison of Proficient Auto Logistics's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, Proficient Auto Logistics'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.


Proficient Auto Logistics's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where Proficient Auto Logistics's Days Sales Outstanding falls into.



Proficient Auto Logistics 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.

Proficient Auto Logistics'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: . 20 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( ( + 44.187) / 1 ) / 0*365
=44.187 / 0*365
=N/A

Proficient Auto Logistics's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (40.061 + 38.672) / 2 ) / 91.506*365 / 4
=39.3665 / 91.506*365 / 4
=39.26

* 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.


Proficient Auto Logistics  (NAS:PAL) Days Sales Outstanding Explanation

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


Proficient Auto Logistics Days Sales Outstanding Related Terms

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Proficient Auto Logistics Business Description

Traded in Other Exchanges
N/A
Address
12276 San Jose Boulevard, Suite 426, Jacksonville, FL, USA, 32223
Proficient Auto Logistics Inc is a non-union, specialized freight company focused on providing auto transportation and logistics services. The company operates auto transportation fleets in North America based upon information obtained from the Auto Haulers Association of America, utilizing auto transport vehicles and trailers daily, including Company-owned transport vehicles and trailers. The reportable segments of the company are Truckload and Brokerage. The company derives maximum revenue from the brokerage segment that retains the customer relationship, including billing and collection, and outsources the transportation of the loads to third-party carriers.

Proficient Auto Logistics Headlines

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