Marten Transport Ltd (MRTN)
Cash conversion cycle
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | 2.49 | — | — | — | 2.43 | — | — | — | 1.93 | — | — | — | — | — | — | — |
| Days of sales outstanding (DSO) | days | 40.85 | 41.63 | 39.17 | 38.94 | 36.72 | 36.60 | 35.96 | 36.44 | 38.05 | 37.10 | 33.74 | 33.77 | 37.74 | 38.42 | 45.63 | 45.79 | 39.73 | 39.97 | 38.75 | 38.19 |
| Number of days of payables | days | 12.60 | 18.53 | 20.62 | 17.01 | 11.30 | 20.02 | 19.32 | 15.09 | 14.14 | 15.62 | 13.06 | 14.57 | 13.28 | 16.14 | 19.29 | 12.66 | 9.30 | 16.28 | 19.79 | 16.63 |
| Cash conversion cycle | days | 28.24 | 23.10 | 18.55 | 21.93 | 27.91 | 16.58 | 16.64 | 21.35 | 26.35 | 21.47 | 20.68 | 19.20 | 26.39 | 22.29 | 26.34 | 33.13 | 30.42 | 23.69 | 18.96 | 21.57 |
December 31, 2025 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= — + 40.85 – 12.60
= 28.24
Peer comparison
Dec 31, 2025
Company name
Symbol
Cash conversion cycle
Marten Transport Ltd
MRTN
28.24
ArcBest Corp
ARCB
21.29
Knight Transportation Inc
KNX
31.81
Schneider National Inc
SNDR
30.72