Saia Inc (SAIA)

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		8.74	8.32	8.10	8.59	9.20	8.05	9.14	9.46	8.89	8.20	7.40	7.65	8.27	7.27	7.65	7.64	8.39	7.88	8.59	8.36
DSO	days	41.76	43.86	45.08	42.47	39.66	45.37	39.94	38.60	41.05	44.54	49.35	47.70	44.12	50.23	47.68	47.75	43.52	46.32	42.48	43.65

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.74
= 41.76

Saia Inc's days of sales outstanding (DSO) has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. Initially, the DSO was around 43-46 days, indicating the average number of days it takes for the company to collect its accounts receivable.

There was a slight increase in DSO in the first half of 2021, reaching around 50 days, which might indicate a delay in collecting payments from customers. However, the DSO decreased in the following periods, showing an improvement in accounts receivable management.

In the second half of 2022 and the first half of 2023, the DSO remained relatively stable around 39-49 days. This stability suggests that the company's collections process was consistent during this time.

Towards the end of 2023 and into 2024, there was a slight increase in DSO again, reaching around 42-45 days. This increase may indicate a potential slowdown in collections efficiency, which could be a concern if it persists in future periods.

Overall, analyzing the trend of DSO can provide insights into Saia Inc's credit and collections performance, highlighting areas where the company may need to focus on improving its accounts receivable management to maintain healthy cash flows.