Schneider National Inc (SNDR)
Activity ratios
Short-term
Turnover ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 54.72 | 60.10 | 55.25 | 54.21 | 42.21 | 44.18 | 62.01 | 105.22 | 107.24 | 131.25 | 165.56 | 163.25 | 176.91 | 184.80 | 197.83 | 162.66 | 90.69 | 69.25 | 70.54 | 68.02 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 121.06 | 12.36 | 13.70 | 16.46 | 10.90 | 10.61 | 8.55 | 9.16 | 9.26 | 9.82 | 8.79 | 8.94 | 10.05 | 7.17 | 7.35 | 6.98 | 6.64 | 4.17 | 4.34 | 4.74 |
Schneider National Inc's Inventory Turnover ratio shows a fluctuating trend over the years, with a significant increase from March 31, 2021, to June 30, 2021, indicating efficient management of inventory. However, there is a gradual decline in the ratio from June 30, 2022, to December 31, 2024, suggesting a decrease in inventory turnover efficiency.
The Receivables Turnover ratio is not available for analysis as the data is not provided.
Similarly, the Payables Turnover ratio data is absent, making it difficult to assess the company's management of payables and its relationship with suppliers.
The Working Capital Turnover ratio displays an overall increasing trend from March 31, 2020, to December 31, 2024, except for a minor dip in the ratio from June 30, 2023, to September 30, 2023. This indicates that the company is generating more revenue per dollar of working capital over time, reflecting an improvement in operational efficiency and utilization of resources.
In conclusion, while the Inventory Turnover and Working Capital Turnover ratios provide some insights into Schneider National Inc's operational efficiency, the absence of data for Receivables Turnover and Payables Turnover ratios limits a comprehensive analysis of the company's activity ratios.
Average number of days
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 6.67 | 6.07 | 6.61 | 6.73 | 8.65 | 8.26 | 5.89 | 3.47 | 3.40 | 2.78 | 2.20 | 2.24 | 2.06 | 1.98 | 1.85 | 2.24 | 4.02 | 5.27 | 5.17 | 5.37 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
The Days of Inventory on Hand (DOH) ratio for Schneider National Inc has shown fluctuations over the years. It decreased gradually from 5.37 days on March 31, 2020, to 1.85 days on June 30, 2021, indicating improved efficiency in managing inventory levels. However, the ratio started increasing thereafter, reaching 8.65 days on December 31, 2023. This could suggest an increase in inventory holding costs or potential issues with inventory management during that period. The ratio slightly decreased to 6.67 days by December 31, 2024, but remained relatively higher compared to earlier periods, reflecting a potential need for inventory optimization.
The Days of Sales Outstanding (DSO) and Number of Days of Payables ratios are not available for analysis as the data is marked as "— days" for all the periods provided. This makes it difficult to assess the efficiency of Schneider National Inc in collecting receivables and managing payables during the specified time frame.
In conclusion, while the DOH ratio of Schneider National Inc has experienced some fluctuations, further insights into the DSO and payables turnover would be necessary to provide a comprehensive analysis of the company's overall activity and efficiency in managing working capital.
Long-term
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 2.22 | 2.47 | 2.70 | 2.90 | 3.01 | 3.01 | 2.93 | 2.73 | 2.81 | 2.69 | 2.60 | 2.49 | 2.44 | 2.46 | 2.54 |
| Total asset turnover | 1.07 | 1.16 | 1.18 | 1.18 | 1.21 | 1.24 | 1.35 | 1.43 | 1.53 | 1.54 | 1.51 | 1.47 | 1.42 | 1.37 | 1.32 | 1.29 | 1.29 | 1.15 | 1.19 | 1.26 |
Schneider National Inc's fixed asset turnover ratio has shown fluctuating trends over the past few years, starting at 2.54 in March 2020 and reaching a peak of 3.01 in June 2022. However, the ratio has since declined to 2.47 as of June 30, 2023, and further dropped to 2.22 by September 30, 2023. Notably, the ratio was not provided for the years after 2023.
On the other hand, the total asset turnover ratio has displayed a more stable pattern compared to the fixed asset turnover ratio. It began at 1.26 in March 2020, experienced some fluctuations, and stood at 1.18 as of June 30, 2024. This ratio signifies the company's ability to generate sales in relation to its total assets.
Overall, the declining trend in the fixed asset turnover ratio and the relatively stable total asset turnover ratio may indicate potential inefficiencies in utilizing fixed assets to generate sales. Further analysis and comparison with industry standards would be insightful in understanding Schneider National Inc's long-term activity performance.