XPO (XPO) Receivables Turnover : 1.91 (As of Dec. 2023)

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What is XPO Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. XPO's Revenue for the three months ended in Dec. 2023 was $1,940 Mil. XPO's average Accounts Receivable for the three months ended in Dec. 2023 was $1,016 Mil. Hence, XPO's Receivables Turnover for the three months ended in Dec. 2023 was 1.91.

XPO Receivables Turnover Historical Data

The historical data trend for XPO's Receivables Turnover 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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XPO Receivables Turnover Chart

XPO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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4.19

2.95

5.57

8.29

8.04

XPO Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.23	1.93	1.89	1.92	1.91

Competitive Comparison of XPO's Receivables Turnover

For the Trucking subindustry, XPO's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.

XPO's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, XPO's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where XPO's Receivables Turnover falls into.

XPO Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

XPO's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	7744	/ (	(954	+	973)	/	2 )
=	7744	/	963.5
=	8.04

XPO's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	1940	/ (	(1059	+	973)	/	2 )
=	1940	/	1016
=	1.91

XPO (NYSE:XPO) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

XPO Receivables Turnover Related Terms

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XPO (XPO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » XPO Inc (NYSE:XPO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

XPO:Mexico UX2A:Germany

Address

Five American Lane, Greenwich, CT, USA, 06831

Website

https://www.xpo.com

Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. On a pro forma basis for the November RXO spinoff, We estimate LTL shipping now makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. That said, XPO's LTL segment EBITDA mix is much higher than 60%. We believe XPO intends to divest its European trucking division once it finds the right buyer.

Executives

Mario A Harik	officer: Chief Information Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
J Wes Frye	director	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Kyle Wismans	officer: Chief Financial Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Allison Landry	director	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
David J. Bates	officer: Chief Operating Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Wendy Cassity	officer: Chief Legal Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Anderson Carl Douglas Ii	officer: Chief Financial Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Bella Loykhter Allaire	director	880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Irene Moshouris	director	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Farhad Nanji	10 percent owner	C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
S Jacobs Bradley	director, officer: Chief Executive Officer	C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Mfn Partners Management, Llc	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Gp, Llc	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Michael Demichele	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners, Lp	10 percent owner	222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116