RB Global Inc. (RBA)

Short-term

Turnover ratios

RB Global Inc.'s activity ratios provide insight into how efficiently the company manages its assets and liabilities.

1. Inventory turnover: The inventory turnover ratio indicates how many times the company's inventory is sold and replaced during a specific period. RB Global Inc.'s inventory turnover has fluctuated over the years, ranging from a low of 4.02 to a high of 20.53. A higher turnover generally indicates efficient inventory management, with RB Global Inc. showing significant variations in its inventory turnover ratios.

2. Receivables turnover: Unfortunately, data for receivables turnover is unavailable, making it challenging to evaluate how quickly the company collects payments from its customers. The absence of this information limits the ability to analyze the efficiency of RB Global Inc.'s credit management practices.

3. Payables turnover: Similar to receivables turnover, there is no data provided for payables turnover. As a result, the assessment of how effectively RB Global Inc. manages its accounts payable and the speed at which it pays its suppliers is not possible.

4. Working capital turnover: The working capital turnover ratio measures how effectively the company utilizes its working capital to generate sales. RB Global Inc.'s working capital turnover has varied between 4.36 and 32.64, indicating fluctuations in the efficiency of its working capital utilization over the years. Higher turnover values suggest better utilization of resources.

In conclusion, the analysis of RB Global Inc.'s activity ratios reveals shifts in efficiency within its inventory management and working capital utilization. However, the lack of data for receivables and payables turnover limits a comprehensive assessment of the company's overall asset and liability management effectiveness.

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Average number of days

Based on the provided data for RB Global Inc., we can analyze the activity ratios as follows:

1. Days of Inventory on Hand (DOH):
- The DOH measures how many days, on average, the inventory is held before being sold. A lower DOH indicates that inventory turnover is efficient.
- RB Global Inc.'s DOH fluctuated over the period. It ranged from a low of 17.78 days to a high of 90.72 days.
- The trend shows variability in inventory management efficiency, with some quarters having a better control over inventory levels than others.

2. Days of Sales Outstanding (DSO):
- DSO reflects how long it takes for the company to collect on its sales. It indicates the average number of days the company's accounts receivable balance is outstanding before it is collected.
- The data provided does not include any information on DSO for RB Global Inc. This could imply that the company may not have significant accounts receivable or that the data is not available.

3. Number of Days of Payables:
- The number of days of payables measures how long the company takes to pay its suppliers. A longer payable period can indicate better cash flow management.
- Similar to DSO, the data for RB Global Inc. does not provide any information on the number of days of payables. This lack of data limits our ability to analyze the company's payment practices to suppliers.

In conclusion, based on the limited data provided, RB Global Inc. seems to have varying efficiency in managing its inventory levels over the periods mentioned. However, without information on DSO and the number of days of payables, a comprehensive assessment of the company's overall working capital management is challenging. More detailed data on accounts receivable and accounts payable would be needed to provide a thorough analysis of RB Global Inc.'s activity ratios.

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Long-term

RB Global Inc.'s long-term activity ratios show the company's efficiency in managing its fixed assets and total assets over the years.

- Fixed Asset Turnover ratio has generally been increasing steadily from March 31, 2020, to December 31, 2022, indicating that the company was generating more revenue per dollar of fixed assets invested. However, there was a significant drop in the ratio in the following periods, reaching the lowest point in March 31, 2023. Thereafter, it showed an increasing trend, reaching its highest point in December 31, 2022. The lack of data for the later periods does not allow for further analysis.

- Total Asset Turnover ratio fluctuated significantly over the years. There was inconsistency in the ratio from March 31, 2020, to June 30, 2022, with some periods showing a slight increase and others showing a decline. From September 30, 2022, to December 31, 2024, the ratio showed a more stable and increasing trend, indicating better efficiency in utilizing total assets to generate revenue.

Overall, these ratios highlight RB Global Inc.'s ability to utilize its fixed assets and total assets effectively to generate revenue, although there were fluctuations in efficiency over the years. Further analysis and context would be needed to understand the underlying factors driving these changes in performance.