Schneider National Inc (SNDR)

Short-term

Turnover ratios

Schneider National Inc's activity ratios provide insights into the efficiency of the company's operations in managing inventory, receivables, payables, and working capital.

1. Inventory Turnover:
The inventory turnover ratio measures how many times a company sells its inventory during a period. Schneider National Inc's inventory turnover has been fluctuating over the periods, ranging from a low of 20.96 to a high of 83.41. Generally, higher inventory turnover is better as it indicates efficient management of inventory levels.

2. Receivables Turnover:
The receivables turnover ratio reflects how efficiently the company collects cash from its credit sales. Schneider National Inc's receivables turnover has also been variable, with values ranging from 7.38 to 10.47. A higher receivables turnover ratio suggests that the company is collecting its accounts receivable more quickly.

3. Payables Turnover:
The payables turnover ratio shows how often the company pays its suppliers. Schneider National Inc's payables turnover has fluctuated as well, with values ranging from 5.29 to 16.87. A higher payables turnover ratio indicates that the company is managing its payables efficiently.

4. Working Capital Turnover:
The working capital turnover ratio measures how efficiently the company generates revenue from its working capital. Schneider National Inc's working capital turnover has varied, with values between 4.17 and 16.46. A higher working capital turnover ratio implies that the company is utilizing its working capital effectively to generate sales.

In conclusion, while Schneider National Inc's activity ratios have shown fluctuations over the periods, it is crucial for the company to continue monitoring and improving these ratios to enhance operational efficiency and overall financial performance.

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Average number of days

Schneider National Inc's activity ratios provide insight into how efficiently the company manages its inventory, receivables, and payables.

1. Days of Inventory on Hand (DOH): Schneider National Inc has shown fluctuations in its inventory turnover efficiency over the periods analyzed. The company held inventory for an average of 14.22 days over the last five quarters, with a decreasing trend from 7.69 days in Dec 2022 to 13.40 days in Mar 2024. The highest inventory days were recorded in Dec 2020 (17.41 days). The decreasing trend in inventory turnover efficiency could indicate more efficient management of inventory levels in recent quarters.

2. Days of Sales Outstanding (DSO): The DSO ratio indicates the average number of days it takes for Schneider National Inc to collect revenue from its customers. The company has maintained an average DSO of 42.05 days over the last five quarters. There was a slight increase in DSO from 34.86 days in Mar 2023 to 42.09 days in Mar 2024. The highest DSO was recorded in Mar 2022 (49.49 days). A lower DSO is favorable as it indicates faster collection from customers.

3. Number of Days of Payables: Schneider National Inc's payable days show the average number of days it takes for the company to pay its suppliers. The company's payable days have fluctuated over the periods analyzed, with an average of 44.96 days. There was a notable increase in payable days from 27.87 days in Mar 2020 to 40.05 days in Mar 2024. The lowest payable days were recorded in Mar 2020 (21.63 days). A higher number of days of payables could imply better cash flow management as the company takes longer to settle its payables.

Overall, Schneider National Inc's activity ratios indicate improvements in inventory turnover and payables management but a slight increase in days of sales outstanding. Analyzing these ratios helps assess the company's efficiency in managing working capital and operations.

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Long-term

The fixed asset turnover ratio measures a company's ability to generate sales revenue in relation to its investment in fixed assets. Schneider National Inc's fixed asset turnover ratio has been relatively stable over the past few quarters, ranging from 2.04 to 3.01. This indicates that the company is efficiently utilizing its fixed assets to generate sales.

On the other hand, the total asset turnover ratio reflects how efficiently a company is utilizing all of its assets to generate revenue. Schneider National Inc's total asset turnover ratio has also remained relatively consistent, with values ranging from 1.15 to 1.54. This suggests that the company is effectively using its total assets to generate sales revenue, although there has been some fluctuation in this ratio over the quarters.

Overall, based on the long-term activity ratios, Schneider National Inc appears to be effectively utilizing both its fixed assets and total assets to generate sales revenue, as indicated by the stable and relatively strong turnover ratios observed over the quarters.