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RXO (RXO) Total Current Liabilities : $674 Mil (As of Mar. 2024)


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What is RXO Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. RXO's total current liabilities for the quarter that ended in Mar. 2024 was $674

RXO Total Current Liabilities Historical Data

The historical data trend for RXO's Total Current Liabilities 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.

RXO Total Current Liabilities Chart

RXO Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
- 629.00 816.00 823.00 682.00

RXO Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 820.00 699.00 728.00 682.00 674.00

RXO Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

RXO's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=613+56
+Other Current Liabilities+Current Deferred Liabilities
=13+0
=682

RXO's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=592+70
+Other Current Liabilities+Current Deferred Liabilities
=12+0
=674

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

RXO Total Current Liabilities Related Terms

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RXO (RXO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » RXO Inc (NYSE:RXO) » Definitions » Total Current Liabilities
Comparable Companies
WERN MRTN ARCB HTLD ULH CVLG PTSI TSP DSKE YELLQ ODFL SAIA TSX:TFII XPO KNX TSE:9064 SNDR TSE:9076 SHSE:603056 SHSE:600662
Traded in Other Exchanges
N9Q:Germany
Address
11215 North Community House Road, Charlotte, NC, USA, 28277
Website
https://www.rxo.com
RXO Inc is a brokered transportation platform defined by cutting-edge technology and a nimble, asset-light business model, with the largest component being core truck brokerage business. The company operates into one reportable segment. The operating segment operate within the transportation industry and in primarily the same geography North America.
Executives
Mfn Partners, Lp 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Christine S Breves director 600 GRANT STREET, SUITE 6100, PITTSBURGH PA 16059
Andrew M. Wilkerson officer: Chief Executive Officer 11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Stephen M. Renna director 11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Thomas A Szlosek director HONEYWELL INTERNATIONAL INC., 115 TABOR ROAD, MORRIS PLAINS NJ 07950
Mfn Partners Gp, Llc 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Michelle Nettles director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Mary E. Kissel director C/O RXO, INC., 11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Mfn Partners Management, Llc 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Jason S. Kerr officer: Chief Accounting Officer 11215 N. COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Michael Demichele 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
S Jacobs Bradley director C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Mfn Partners Management, Lp 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Annamaria Desalva director C/O RXO, INC., 11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Adrian Kingshott director C/O RXO, INC., 11215 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277