GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » U.S. Xpress Enterprises Inc (NYSE:USX) » Definitions » Days Inventory

U.S. Xpress Enterprises (U.S. Xpress Enterprises) Days Inventory : 1.81 (As of Mar. 2023)


View and export this data going back to 2018. Start your Free Trial

What is U.S. Xpress Enterprises Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). U.S. Xpress Enterprises's Average Total Inventories for the three months ended in Mar. 2023 was $8 Mil. U.S. Xpress Enterprises's Cost of Goods Sold for the three months ended in Mar. 2023 was $412 Mil. Hence, U.S. Xpress Enterprises's Days Inventory for the three months ended in Mar. 2023 was 1.81.

The historical rank and industry rank for U.S. Xpress Enterprises's Days Inventory or its related term are showing as below:

USX' s Days Inventory Range Over the Past 10 Years
Min: 1.85   Med: 2.11   Max: 2.47
Current: 1.97

During the past 13 years, U.S. Xpress Enterprises's highest Days Inventory was 2.47. The lowest was 1.85. And the median was 2.11.

USX's Days Inventory is not ranked
in the Transportation industry.
Industry Median: 11.505 vs USX: 1.97

U.S. Xpress Enterprises's Days Inventory declined from Mar. 2022 (2.11) to Mar. 2023 (1.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. U.S. Xpress Enterprises's Inventory Turnover for the three months ended in Mar. 2023 was 50.31.

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. U.S. Xpress Enterprises's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.02.


U.S. Xpress Enterprises Days Inventory Historical Data

The historical data trend for U.S. Xpress Enterprises'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.

* Premium members only.

U.S. Xpress Enterprises Days Inventory Chart

U.S. Xpress Enterprises Annual Data
Trend Dec05 Dec06 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 1.93 2.11 2.10 1.85

U.S. Xpress Enterprises Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.11 2.11 2.13 1.90 1.81

Competitive Comparison of U.S. Xpress Enterprises's Days Inventory

For the Trucking subindustry, U.S. Xpress Enterprises'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.


U.S. Xpress Enterprises's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, U.S. Xpress Enterprises's Days Inventory distribution charts can be found below:

* The bar in red indicates where U.S. Xpress Enterprises's Days Inventory falls into.



U.S. Xpress Enterprises Days Inventory Calculation

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

U.S. Xpress Enterprises's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (9.55 + 8.41) / 2 ) / 1773.769*365
=8.98 / 1773.769*365
=1.85

U.S. Xpress Enterprises's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (8.41 + 7.957) / 2 ) / 411.732*365 / 4
=8.1835 / 411.732*365 / 4
=1.81

* 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.


U.S. Xpress Enterprises  (NYSE:USX) 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.

U.S. Xpress Enterprises's Inventory Turnover for the three months ended in Mar. 2023 is calculated as

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.

U.S. Xpress Enterprises's Inventory to Revenue for the three months ended in Mar. 2023 is calculated as

* 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.


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.


U.S. Xpress Enterprises Days Inventory Related Terms

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


U.S. Xpress Enterprises (U.S. Xpress Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
4080 Jenkins Road, Chattanooga, TN, USA, 37421
U.S. Xpress Enterprises Inc provides transportation services throughout the United States, with a focus on the densely populated and economically diverse eastern half of the United States. The Company offers its customers a broad portfolio of services using its own asset-based truckload fleet and third-party carriers through its asset-light freight brokerage network. The Company has two reportable segments; the Truckload segment offers asset-based truckload services, including over-the-road (OTR) trucking and dedicated contract services, and the Brokerage segment is engaged in asset-light freight brokerage services, where loads are contracted to third-party carriers.
Executives
Nathan H Harwell officer: EVP, Chief Legal Off., Sec. 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Amanda R Thompson officer: EVP - People and Safety 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Justin C Harness officer: EVP - Operations 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Jason Grear officer: EVP - Accounting & Finance 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Eric A. Peterson officer: Chief Financial Off. & Treas. 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Max L. Fuller 2008 Irrevocable Trust Fbo William E. Fuller 10 percent owner 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Janice Fuller 10 percent owner, other: Co-Trustee 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Fuller Family Enterprises, Llc 10 percent owner 4080 JENKINS ROAD, CHATTANOOGA TN 37421
William Eric Fuller director, 10 percent owner, officer: President & CEO, other: Co-Trustee & Managing GP 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Edward Hall Braman director 3310 WEST END AVENUE, SUITE 700, NASHVILLE TN 37203
Dennis Alan Nash director 4450 BELDEN VILLAGE ST. NW #800, CANTON OH 44718
Jon Beizer director 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Jennifer Buckner director 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Michael L Ducker director P O BOX 813, LIBERTY CORNER NJ 07938
John C Rickel director 4080 JENKINS ROAD, CHATTANOOGA TN 37421

U.S. Xpress Enterprises (U.S. Xpress Enterprises) Headlines

From GuruFocus

U.S. Xpress Releases Q4 2021 Economic Forecast

By Business Wire Business Wire 11-15-2021

U.S. Xpress Releases Economic Forecast for First Half of 2022

By Business Wire Business Wire 02-16-2022

U.S. Xpress Announces First Quarter 2022 Earnings Release Date

By Business Wire Business Wire 04-14-2022