Hub Group Inc (HUBG)
Days of sales outstanding (DSO)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 7.11 | 6.86 | 6.83 | 6.86 | 7.38 | 7.07 | 7.83 | 7.41 | 7.84 | 6.78 | 6.32 | 6.00 | 6.19 | 6.36 | 7.02 | 6.99 | 6.81 | 6.22 | 7.62 | 7.81 | |
| DSO | days | 51.34 | 53.22 | 53.44 | 53.23 | 49.49 | 51.63 | 46.60 | 49.27 | 46.57 | 53.85 | 57.77 | 60.82 | 58.95 | 57.42 | 51.98 | 52.20 | 53.57 | 58.71 | 47.88 | 46.71 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.11
= 51.34
The Days of Sales Outstanding (DSO) ratio for Hub Group Inc provides insight into the average number of days it takes the company to collect revenue from its customers. Analyzing the trend in DSO over the years reveals important information about the company's efficiency in managing its accounts receivable.
From March 31, 2020, to December 31, 2024, the DSO for Hub Group Inc fluctuated within a range from around 46 to 60 days. The ratio peaked at 60.82 days on March 31, 2022, indicating a longer time taken to collect revenue compared to other periods. However, the DSO decreased to 46.57 days by December 31, 2022, before gradually increasing again.
Overall, the trend in DSO suggests that Hub Group Inc has managed its accounts receivable reasonably well, as the ratio generally stayed within a moderate range. However, fluctuations in DSO could signal changes in customer payment behaviors or the company's credit policies. Further analysis would be needed to determine the specific factors influencing the variations in DSO over the period studied.
Peer comparison
Dec 31, 2024