XPO Logistics Inc (XPO)
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 | 7.70 | 7.60 | 7.37 | 7.29 | 7.96 | 7.21 | 7.54 | 7.59 | 8.09 | 4.61 | 4.84 | 5.23 | 6.10 | 6.27 | 3.74 | 3.88 | 4.53 | 5.42 | 7.00 | 6.81 | |
| DSO | days | 47.42 | 48.00 | 49.53 | 50.05 | 45.86 | 50.63 | 48.40 | 48.11 | 45.12 | 79.15 | 75.36 | 69.86 | 59.83 | 58.18 | 97.51 | 93.96 | 80.65 | 67.32 | 52.15 | 53.61 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.70
= 47.42
The days of sales outstanding (DSO) for XPO Logistics Inc have fluctuated over the past few years, indicating variations in the company's accounts receivable management. The DSO metric represents the average number of days it takes for a company to collect payment after a sale is made.
From March 2020 to June 2021, XPO Logistics experienced an increasing trend in DSO, reaching a peak of 97.51 days in June 2021. This suggests a potential issue with receivables collection efficiency during this period.
However, from September 2021 to December 2024, the DSO figures show a more positive trend, generally decreasing and stabilizing around 48-50 days. This improvement indicates that the company may have implemented better credit policies or enhanced collection practices.
The lower DSO values in recent quarters indicate that XPO Logistics has been able to collect payments from customers more promptly, which can positively impact cash flow and overall financial health. Monitoring DSO trends can provide insights into the company’s liquidity and efficiency in managing accounts receivable.
Peer comparison
Dec 31, 2024