Schneider National (Schneider National) Days Inventory

: 8.35 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Schneider National's Average Total Inventories for the three months ended in Dec. 2023 was $116 Mil. Schneider National's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,267 Mil. Hence, Schneider National's Days Inventory for the three months ended in Dec. 2023 was 8.35.

The historical rank and industry rank for Schneider National's Days Inventory or its related term are showing as below:

SNDR' s Days Inventory Range Over the Past 10 Years
Min: 2.58 Med: 5.85 Max: 7.34
Current: 6.34

During the past 11 years, Schneider National's highest Days Inventory was 7.34. The lowest was 2.58. And the median was 5.85.

SNDR's Days Inventory is ranked better than
65.69% of 781 companies
in the Transportation industry
Industry Median: 11.52 vs SNDR: 6.34

Schneider National's Days Inventory increased from Dec. 2022 (3.24) to Dec. 2023 (8.35). It might indicate that Schneider National's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Schneider National's Inventory Turnover for the three months ended in Dec. 2023 was 10.93.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Schneider National's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.08.

Schneider National Days Inventory Historical Data

The historical data trend for Schneider National's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Schneider National Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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5.75

5.23

2.72

2.58

6.31

Schneider National Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															3.24	4.09	5.54	7.36	8.35

Competitive Comparison

For the Trucking subindustry, Schneider National's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Schneider National Days Inventory Distribution

For the Transportation industry and Industrials sector, Schneider National's Days Inventory distribution charts can be found below:

* The bar in red indicates where Schneider National's Days Inventory falls into.

Schneider National Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Schneider National's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (53	+	117.9)	/	2 )	/	4939.5	*	365
=	85.45					/	4939.5	*	365
=	6.31

Schneider National's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (113.8	+	117.9)	/	2 )	/	1266.6	*	365 / 4
=	115.85					/	1266.6	*	365 / 4
=	8.35

Schneider National (NYSE:SNDR) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Schneider National's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1266.6	/	115.85
	=	10.93

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Schneider National's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	115.85	/	1371.7
	=	0.08

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Schneider National Days Inventory Related Terms

Thank you for viewing the detailed overview of Schneider National's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Schneider National (Schneider National) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Schneider National Inc (NYSE:SNDR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3101 South Packerland Drive, Green Bay, WI, USA, 54313

Website

https://www.schneider.com

Schneider National Inc ranks among the largest providers of surface transportation and logistics solutions in North America. The company's segments include Truckload; Intermodal; Logistics and other. It generates maximum revenue from the Truckload segment.

Executives

Darrell George Campbell	officer: EVP & Chief Financial Officer	C/O SCHNEIDER NATIONAL, INC., 3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Julie K Streich	director	123 MAIN STREET, BRISTOL CT 06010
Reich Robert M Jr	officer: Chief Admin Officer	3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Shaleen Devgun	officer: Chief Information Officer	3101 PACKERLAND DRIVE, GREEN BAY WI 54313
James Scott Filter	officer: EVP, Pres. Transp. and Log.	3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
David L Geyer	officer: EVP, Pres. Transp. & Log.	3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Jyoti Chopra	director	3101 S. PACKERLAND DRIVE, GREEN BAY WI 54306-2545
Knight Robert M Jr	director	UNION PACIFIC CORP, 1416 DODGE ST, OMAHA NE 68179
Dumas Magnin Shelly A	officer: Vice President and Controller	3101 S. PACKERLAND DRIVE, GREEN BAY WI 54306-2545
Stephen L Bruffett	officer: EVP and CFO	3101 SOUTH PACKERLAND DRIVE, GREEN BAY WI 54313
Amy G Schilling	officer: Vice President and Controller	3101 PACKERLAND DRIVE, GREEN BAY WI 54313
Thomas G Jackson	officer: EVP & General Counsel	KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
John A Swainson	director	C/O VISA INC., 900 METRO CENTER BLVD., FOSTER CITY CA 94404
Christopher B Lofgren	director, officer: CEO & President	520 MADISON AVENUE, NEW YORK NY 10022
James R Giertz	director