Industry Profiles
Trucking Industry DSO Falls by Over Five Days
Sept. 19, 2008
Heartland Express AR photo
Heartland Express, based in Iowa, is one
of the best managed companies in the
entire CSI. 2007 revenue: $592 million
Amidst one of the toughest operating environments in industry history, publicly-traded trucking companies have tightened the reins of their accounts receivable as evidenced by the fact that the DSO for the industry dropped by over five days, according to the latest figures compiled for the Credit Standards Index (CSI). Heartland Express remains the undisputed leader in credit standards for the trucking industry as well as one of the highest ranking companies in the entire CSI.
The average days' sales outstanding (DSO) benchmark for the 25 public trucking companies dropped by a whopping 5.39 days to
