Us Xpress Enterprises Inc Receivables Turnover Ratio (USX), from the first quarter 2023 to the first quarter 2022 current and historic results, rankings and more - CSIMarket
CSIMarket
 


Us Xpress Enterprises Inc  (NYSE: USX)
 

Us Xpress Enterprises Inc Accounts Receivables Turnover Ratio from the first quarter 2023 to the first quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Us Xpress Enterprises Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the first quarter 2023 to a ratio of 8.61, above the company average. This is a clear sign of healthy business climate in the Transport & Logistics industry and improving liquidity at their respective customers, during the first quarter 2023. Average receivable collection period, for the Us Xpress Enterprises Inc in Mar 31 2023 quarter, has decreased to 42 days, compared to 44 days, in the Dec 31 2022 quarter.

If we take a look into Transportation sector 14 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2023 from 388 to 389.

What is Receivable Turnover Ratio?
What is Us Xpress Enterprises Inc Selling?


What is Receivable Turnover Ratio?





USX Receivables Turnover Ratio (Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
Y / Y Receivable Change -15.37 % -3.71 % 6 % 12.24 % 14.02 %
Y / Y Revenue Change -4.73 % 2.04 % 11.54 % 16.56 % 14.74 %
Receivable Turnover Ratio (TTM) 8.61 8.36 8.25 8.15 8.07
USX's Total Ranking # 389 # 388 # 751 # 343 # 388
Accounts Receivable average collection period days 42 44 44 45 45
Seq. Receivable Change -6.84 % -8.18 % -1.74 % 0.69 % 5.99 %
Seq. Revenue Change -9.17 % -0.98 % -1.06 % 7.06 % -2.71 %


Receivable Turnover Company Ranking
Within: No.
Transport & Logistics Industry # 7
Transportation Sector # 15
Overall Market # 389

Receivable Turnover Ratio Statistics
High Average Low
1.64 1.35 0.33
(Sep 30 2022)   (Sep 30 2019)






Financial Statements
Us Xpress Enterprises Inc's Accounts Receivable $ 224 Millions Visit USX's Balance sheet
Us Xpress Enterprises Inc's Sales TTM $ 2,137 Millions Visit USX's Income Statement
Sources of USX's Revenues Visit USX's Sales by Geography

Other Accounts Receivable Turnover Ratios
Transport & Logistics Industry Accounts Receivable Turnover Trends and Statistics
Transportation Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
USX's Receivable Turnover Ratio versus Transport & Logistics Industry, Transportation Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
USX's Growth Rates USX's Roa USX's Inventory Turnover Ratio USX's Dividend Comparisons
USX's Profitability Ratios USX's Roi USX's Asset Turnover Ratio USX's Dividend Growth
USX's Valuation Ratios USX's Roe USX's Financial Strength Ratios USX's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2023, within Transportation Sector Receivable Turnover Ratio Revenues for 12 Months ending Mar 31 2023 Receivable at quarter ending Mar 31 2023
Spirit Aviation Holdings Inc   25.58 $ 5,450.906  Millions$ 213.121  Millions
Polaris Inc   24.83 $ 8,811.900  Millions$ 354.900  Millions
United Airlines Holdings Inc   23.45 $ 48,818.000  Millions$ 2,081.500  Millions
Genco Shipping and Trading Limited  21.33 $ 495.098  Millions$ 23.213  Millions
Southwest Airlines Co   19.88 $ 24,826.000  Millions$ 1,248.750  Millions
Hawaiian Holdings inc  18.38 $ 2,776.656  Millions$ 151.053  Millions
Eagle Bulk Shipping Inc   18.37 $ 640.647  Millions$ 34.883  Millions
Octave Specialty Group Inc   17.94 $ 476.592  Millions$ 26.561  Millions
Delta Air Lines Inc   17.15 $ 53,993.000  Millions$ 3,147.500  Millions
Patriot Transportation Holding Inc   16.37 $ 92.698  Millions$ 5.664  Millions
Pangaea Logistics Solutions Ltd   16.00 $ 614.402  Millions$ 38.410  Millions
Freightcar America Inc   15.19 $ 352.517  Millions$ 23.201  Millions
Saker Aviation Services Inc   14.82 $ 8.409  Millions$ 0.567  Millions
Unique Logistics International Inc   13.98 $ 805.917  Millions$ 57.663  Millions
Wheels Up Experience Inc   13.16 $ 1,605.937  Millions$ 121.994  Millions
Union Pacific Corp  12.61 $ 25,071.000  Millions$ 1,987.500  Millions
J b Hunt Transport Services Inc   11.16 $ 14,554.999  Millions$ 1,304.147  Millions
Norfolk Southern Corp  11.09 $ 12,962.000  Millions$ 1,169.250  Millions
Csx Corporation  10.73 $ 15,146.000  Millions$ 1,411.500  Millions
Air T Inc   10.27 $ 247.323  Millions$ 24.072  Millions
Old Dominion Freight Line Inc   9.77 $ 6,204.933  Millions$ 635.042  Millions
Marten Transport Ltd   9.76 $ 1,274.620  Millions$ 130.610  Millions
Covenant Logistics Group Inc   9.16 $ 1,192.124  Millions$ 130.160  Millions
Canadian Pacific Kansas City Ltd  9.11 $ 7,079.372  Millions$ 777.490  Millions
Schneider National Inc   8.99 $ 6,412.600  Millions$ 712.950  Millions
Westinghouse Air Brake Technologies Corporation  8.77 $ 8,629.000  Millions$ 983.750  Millions
Heartland Express Inc  8.70 $ 1,147.637  Millions$ 131.973  Millions
Us Xpress Enterprises Inc  8.61 $ 2,136.708  Millions$ 248.222  Millions
Saia Inc   8.58 $ 2,791.376  Millions$ 325.327  Millions
Arcbest Corporation  8.52 $ 5,095.072  Millions$ 597.789  Millions

Date modified: 2026-08-29T17:39:37+00:00



Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.