Schneider National Inc (SNDR)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Inventory turnover | 54.00 | 41.90 | 107.24 | 176.91 | 90.69 |
| Receivables turnover | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
| Working capital turnover | 12.88 | 10.90 | 9.26 | 10.05 | 6.64 |
Schneider National Inc's inventory turnover shows a varying trend over the years, with a significant increase from 2020 to 2021, peaking in 2021 at 176.91, then slightly declining in 2022 and fluctuating further in the subsequent years. The company seems to manage its inventory efficiently but may need to closely monitor and optimize its inventory levels to maintain consistent turnover rates.
The absence of data for receivables turnover and payables turnover makes it challenging to assess Schneider National Inc's efficiency in collecting receivables and managing payables. This lack of information suggests that the company may not disclose or track these metrics publicly, making it difficult to gauge its effectiveness in managing credit sales and vendor payments.
In terms of working capital turnover, Schneider National Inc has shown a positive trend, indicating an improvement in utilizing its working capital to generate sales. The increasing values over the years suggest that the company is effectively converting its working capital into revenue, reflecting sound operational efficiency and financial management practices.
Overall, Schneider National Inc's activity ratios demonstrate strengths in inventory turnover and working capital management, but there is a need for more transparency and data on receivables and payables turnover to provide a comprehensive analysis of the company's operational efficiency and cash flow management.
Average number of days
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 6.76 | 8.71 | 3.40 | 2.06 | 4.02 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
Schneider National Inc's activity ratios indicate the efficiency of the company in managing its inventory, receivables, and payables.
1. Days of Inventory on Hand (DOH):
- The trend of DOH shows a decrease from 4.02 days in 2020 to 2.06 days in 2021, indicating that Schneider National Inc has been able to sell its inventory more quickly.
- However, the DOH increased to 3.40 days in 2022, followed by a significant spike to 8.71 days in 2023, suggesting potential issues in inventory management.
- In 2024, the DOH decreased to 6.76 days, but it remains higher than the levels seen in the prior years, indicating some lingering inventory management challenges.
2. Days of Sales Outstanding (DSO):
- The data provided does not include information on Days of Sales Outstanding (DSO) for Schneider National Inc for the years under review. This makes it challenging to assess the company's efficiency in collecting receivables.
3. Number of Days of Payables:
- Similarly, data for the Number of Days of Payables is not available for Schneider National Inc for the years provided, making it difficult to evaluate how effectively the company is managing its payables and cash flow.
Overall, Schneider National Inc should focus on maintaining an optimal level of inventory to improve efficiency, potentially implement strategies to speed up receivables collection, and monitor payables management to ensure a healthy cash flow position.
Long-term
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Fixed asset turnover | — | — | 2.90 | 2.73 | 2.49 |
| Total asset turnover | 1.07 | 1.21 | 1.53 | 1.42 | 1.29 |
The long-term activity ratios of Schneider National Inc can provide insights into the efficiency with which the company is utilizing its fixed assets and total assets to generate sales.
1. Fixed Asset Turnover:
- The fixed asset turnover ratio measures how efficiently a company is able to generate sales from its investment in fixed assets.
- From the data provided, we observe a steady increase in the fixed asset turnover ratio from 2.49 in 2020 to 2.73 in 2021 and further to 2.90 in 2022.
- The consistent improvement in this ratio signifies that Schneider National Inc is effectively utilizing its fixed assets to generate revenue.
- However, there is no data available for 2023 and 2024, which makes it challenging to assess the trend beyond 2022.
2. Total Asset Turnover:
- The total asset turnover ratio indicates the company's ability to generate sales revenue in relation to its total assets.
- Schneider National Inc's total asset turnover ratio has shown a mixed trend over the years, increasing from 1.29 in 2020 to 1.53 in 2022, indicating an improvement in asset utilization efficiency.
- However, there was a decline in this ratio in 2023 to 1.21 and a further decrease in 2024 to 1.07.
- The decline in total asset turnover in 2023 and 2024 suggests that the company may not be effectively utilizing its total assets to generate sales revenue during those periods.
Overall, based on the data provided, Schneider National Inc has demonstrated efficiency in utilizing its fixed assets to generate revenue, as evidenced by the increasing trend in the fixed asset turnover ratio. However, there are fluctuations in the total asset turnover ratio, indicating a varying level of efficiency in utilizing the company's total assets for generating sales revenue over the years.