XPO Logistics Inc (XPO)
Receivables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 8,112,000 | 8,090,000 | 8,017,000 | 7,855,000 | 7,744,000 | 7,635,000 | 7,601,000 | 7,731,000 | 7,718,000 | 9,283,000 | 10,607,000 | 11,746,000 | 12,841,000 | 12,465,000 | 11,870,000 | 12,186,000 | 13,061,000 | 14,227,000 | 15,706,000 | 16,442,000 |
| Receivables | US$ in thousands | 1,054,000 | 1,064,000 | 1,088,000 | 1,077,000 | 973,000 | 1,059,000 | 1,008,000 | 1,019,000 | 954,000 | 2,013,000 | 2,190,000 | 2,248,000 | 2,105,000 | 1,987,000 | 3,171,000 | 3,137,000 | 2,886,000 | 2,624,000 | 2,244,000 | 2,415,000 |
| 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 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $8,112,000K ÷ $1,054,000K
= 7.70
The receivables turnover for XPO Logistics Inc has shown fluctuations over the past several quarters, ranging from a low of 3.74 in June 30, 2021 to a high of 8.09 in December 31, 2022. Generally, a higher receivables turnover ratio indicates that the company is collecting its accounts receivable more efficiently.
For the most recent periods, the receivables turnover has been relatively stable, hovering around 7.30 on average. This suggests that XPO Logistics Inc is managing its accounts receivable effectively and efficiently converting credit sales into cash. However, it is important to monitor the trend over time to ensure that the company maintains a healthy balance between extending credit to customers and promptly collecting payments.
Overall, the receivables turnover ratio for XPO Logistics Inc indicates a decent performance in managing its accounts receivable, with room for improvement in some periods to maintain consistent cash flow and liquidity.
Peer comparison
Dec 31, 2024