Hub Group Inc (HUBG)

Days of sales outstanding (DSO)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Receivables turnover		7.12	7.38	7.86	6.20	6.81
DSO	days	51.28	49.47	46.43	58.86	53.61

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.12
= 51.28

To analyze Hub Group Inc's Days of Sales Outstanding (DSO) over the years:

1. The DSO for December 31, 2020, was 53.61 days, indicating that on average, it took approximately 53.61 days for the company to collect its accounts receivable.

2. By December 31, 2021, the DSO had increased to 58.86 days, suggesting a slower collection of receivables compared to the previous year.

3. In contrast, by December 31, 2022, the DSO had decreased to 46.43 days, reflecting a more efficient collection of accounts receivable.

4. By December 31, 2023, the DSO rose slightly to 49.47 days, indicating a slight delay in collecting receivables compared to the previous year.

5. As of December 31, 2024, the DSO stood at 51.28 days, showing a moderate increase from the previous year but still below the levels seen in 2021.

Overall, the fluctuation in DSO over the years suggests that Hub Group Inc has experienced variations in its ability to collect receivables promptly. The company should continue to monitor and manage its DSO to ensure efficient cash flow and working capital management.