Heartland Express Inc (HTLD)

Receivables turnover

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Revenue (ttm) US$ in thousands 1,047,511 1,080,282 1,115,447 1,146,862 1,207,458 1,287,034 1,265,984 1,147,636 967,995 761,214 639,850 606,157 607,284 614,931 624,601 631,346 645,262 656,699 642,325 623,596
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,047,511K ÷ $—K
= —

The receivables turnover ratio for Heartland Express Inc has been consistently reported as not available (N/A) or indeterminate from March 31, 2020, to December 31, 2024. This could indicate a lack of specific data provided in the financial statements or an effectively low level of accounts receivable turnover over the observed period. The inability to calculate the receivables turnover may restrict a detailed assessment of the company's efficiency in collecting credit sales from customers. To gain a better understanding of the company's receivables management and liquidity position, investors and stakeholders may need to access more detailed financial information or other relevant metrics.