CSIMarket
 


Arcbest Corporation  (ARCB)
Other Ticker:  
 

Arcbest's Working Capital Ratio

ARCB's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the forth quarter 2023, Working Capital Ratio fell to 1.26 below Arcbest Corporation average.

Within Transport & Logistics industry 9 other companies have achieved higher Working Capital Ratio than Arcbest in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 1926, from total ranking in the third quarter 2023 at 3034.

Explain Working Capital Ratio
How much in Current Assets ARCBīs has?
What is the value of ARCBīs Current Liabilities?


ARCB Working Capital Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change -8.71 % -11.75 % -14.29 % -7.04 % 9.36 %
Y / Y Current Assets Change -10.61 % -10.81 % -7.52 % 6.56 % 27.54 %
Working Capital Ratio MRQ 1.26 1.33 1.35 1.33 1.29
ARCB's Total Ranking # 1926 # 3034 # 3202 # 3356 # 3805
Seq. Current Liabilities Change 4.97 % 4.23 % -6.8 % -10.47 % 1.47 %
Seq. Current Assets Change -0.6 % 2.88 % -5.65 % -7.35 % -0.83 %



Working Capital Ratio forth quarter 2023 Company Ranking
Within: No.
Transport & Logistics Industry # 10
Transportation Sector # 31
Overall Market # 1926


Working Capital Ratio Statistics
High Average Low
2.06 1.43 1.1
(Mar 31 2020)   (Dec 31 2021)




Financial Statements
Arcbest's Current Liabilities $ 702 Millions Visit ARCB's Balance sheet
Arcbest's Current Assets $ 885 Millions Visit ARCB's Balance sheet
Source of ARCB's Sales Visit ARCB's Sales by Geography


Cumulative Arcbest's Working Capital Ratio

ARCB's Working Capital Ratio for the trailling 12 Months

ARCB Working Capital Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth -8.71 % -11.75 % -14.29 % -7.04 % 9.36 %
Y / Y Current Assets TTM Growth -10.61 % -10.81 % -7.52 % 6.56 % 27.54 %
Working Capital Ratio TTM 1.32 1.32 1.32 1.3 1.26
Total Ranking TTM # 2381 # 3951 # 4038 # 3879 # 947
Seq. Current Liabilities TTM Growth 4.97 % 4.23 % -6.8 % -10.47 % 1.47 %
Seq. Current Assets TTM Growth -0.6 % 2.88 % -5.65 % -7.35 % -0.83 %


On the trailing twelve months basis In spite of the year on year decrease in ARCB's Current Liabilities to $701.56 millions, cumulative Working Capital Ratio to 1.32 below the ARCB average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Transport & Logistics industry 12 other companies have achieved higher Working Capital Ratio than Arcbest. While Working Capital Ratio overall ranking has improved so far to 2381, from total ranking during the twelve months ending third quarter 2023 at 3951.

Explain Working Capital Ratio
How much in Current Assets ARCBīs has?
What is the value of ARCBīs Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Transport & Logistics Industry # 13
Transportation Sector # 57
Within the Market # 2381


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.75 1.4 1.21
(Sep 30 2020)   (Sep 30 2022)




Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Transport & Logistics Industry Working Capital RatioDec 31 2023 MRQ Current AssetsDec 31 2023 MRQ Current Liabilities
Air T Inc   2.08 $ 89.329  Millions$ 42.969  Millions
Landstar System Inc   2.00 $ 1,352.741  Millions$ 675.224  Millions
Werner Enterprises Inc   1.92 $ 634.628  Millions$ 330.585  Millions
Schneider National Inc   1.83 $ 1,110.900  Millions$ 606.200  Millions
Pam Transportation Services Inc  1.83 $ 251.041  Millions$ 137.096  Millions
Marten Transport Ltd  1.78 $ 196.582  Millions$ 110.242  Millions
United Parcel Service Inc   1.62 $ 28,630.000  Millions$ 17,676.000  Millions
Heartland Express Inc   1.37 $ 169.272  Millions$ 123.476  Millions
Fedex Corporation  1.34 $ 19,117.000  Millions$ 14,248.000  Millions
Arcbest Corporation  1.26 $ 884.783  Millions$ 701.563  Millions
J b Hunt Transport Services Inc   1.17 $ 2,084.912  Millions$ 1,779.421  Millions
Covenant Logistics Group Inc   1.09 $ 185.945  Millions$ 170.291  Millions
Knight swift Transportation Holdings Inc   0.94 $ 1,709.015  Millions$ 1,825.287  Millions

Date modified: 2024-02-24T15:30:14+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright Đ 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

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