Saia Inc (SAIA)

Days of sales outstanding (DSO)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Receivables turnover		8.74	9.21	8.89	8.27	8.39
DSO	days	41.75	39.62	41.05	44.12	43.52

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.74
= 41.75

To analyze Saia Inc's Days Sales Outstanding (DSO) trend, we observe a slight increase in DSO from 43.52 days as of December 31, 2020, to 44.12 days as of December 31, 2021. However, the trend has since shown improvement, with DSO decreasing to 41.05 days by December 31, 2022, and further dropping to 39.62 days by December 31, 2023. This indicates that the company is collecting its accounts receivable more efficiently in recent years. As of December 31, 2024, DSO increased slightly to 41.75 days, but overall, the trend reflects improved efficiency in collecting payments from customers over the years. A lower DSO typically suggests better financial health and liquidity management for Saia Inc, indicating effective credit and collection processes.