JB Hunt Transport Services Inc (JBHT)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 12,087,200 | 12,829,700 | 14,814,000 | 12,168,300 | 9,636,570 |
| Receivables | US$ in thousands | 1,481,940 | 1,566,160 | 1,528,080 | 1,723,230 | 1,124,400 |
| Receivables turnover | 8.16 | 8.19 | 9.69 | 7.06 | 8.57 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $12,087,200K ÷ $1,481,940K
= 8.16
The data provided shows that JB Hunt Transport Services Inc did not have available information on the Receivables Turnover ratio for the years ending December 31, 2020 to December 31, 2024. As a result, it is not possible to analyze or draw conclusions on the efficiency of the company in collecting its accounts receivable during those periods. Monitoring the Receivables Turnover ratio can provide insights into the effectiveness of the company's credit and collection policies, as well as its overall financial health. It would be beneficial for stakeholders to have this information to assess the company's performance in managing its receivables.
Peer comparison
Dec 31, 2024