Robert Half International Inc (RHI)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 8.98 | 9.81 | — | 9.41 | 11.07 | — | 8.45 | 7.41 | 6.97 | 7.77 | 7.10 | 6.74 | 7.23 | 9.35 | 10.28 | 12.08 | 11.30 | 14.56 | 14.75 | 15.25 |
| Receivables turnover | 7.45 | 7.09 | 7.12 | 7.09 | 7.12 | 6.61 | 6.56 | 6.42 | 6.56 | 5.96 | 6.03 | 6.25 | 7.16 | 7.74 | 8.58 | 7.17 | 7.30 | 7.06 | 7.05 | 7.11 |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 6.04 | 6.34 | 6.29 | 6.48 | 6.78 | 7.17 | 7.21 | 7.00 | 7.10 | 6.72 | 6.39 | 6.27 | 6.42 | 6.67 | 7.68 | 8.82 | 8.83 | 9.21 | 9.06 | 9.31 |
The receivables turnover ratio for Robert Half Inc has been relatively stable over the past eight quarters, ranging from 6.42 to 7.43. This suggests that the company efficiently collects payments from its customers.
On the other hand, the working capital turnover ratio has been gradually decreasing from 7.20 to 6.02 over the same period. This indicates that the company's efficiency in generating sales relative to its working capital has declined.
Unfortunately, information regarding the inventory turnover and payables turnover ratios is not available in the provided data. These ratios could provide additional insights into the company's inventory management and payment practices.
Average number of days
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 40.66 | 37.20 | — | 38.79 | 32.99 | — | 43.21 | 49.27 | 52.35 | 46.96 | 51.42 | 54.16 | 50.46 | 39.04 | 35.49 | 30.22 | 32.31 | 25.06 | 24.75 | 23.93 |
| Days of sales outstanding (DSO) | days | 48.97 | 51.51 | 51.27 | 51.50 | 51.29 | 55.18 | 55.64 | 56.87 | 55.62 | 61.22 | 60.55 | 58.36 | 51.01 | 47.15 | 42.56 | 50.94 | 50.01 | 51.69 | 51.79 | 51.32 |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Days of inventory on hand (DOH) for Robert Half Inc is not available in the provided data for all quarters analyzed. The Days of Sales Outstanding (DSO) have shown some fluctuation over the quarters, with Q4 2023 showing the lowest DSO at 49.15 days and Q2 2022 showing the highest at 56.87 days. This indicates that on average, it takes Robert Half Inc 49.15 to 56.87 days to collect its accounts receivable.
The Number of Days of Payables data is not provided in the table for any quarter. Based on the DSO data alone, it is evident that Robert Half Inc has been relatively efficient in collecting its accounts receivable over the quarters, with a decreasing trend in DSO from Q2 2022 to Q4 2023. Overall, the activity ratios suggest that Robert Half Inc has been managing its working capital efficiently in terms of collection of receivables.
Long-term
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | 58.97 | 61.40 | 65.25 | 66.42 | 66.06 | 68.53 | 69.11 | 71.33 | 69.18 | 64.46 | 55.64 | 48.23 | 46.53 | 45.40 | 47.18 | 48.31 | 47.34 | 47.71 | 46.38 | 46.82 |
| Total asset turnover | 2.13 | 2.21 | 2.26 | 2.46 | 2.44 | 2.50 | 2.44 | 2.33 | 2.19 | 2.05 | 2.00 | 1.95 | 2.00 | 2.08 | 2.38 | 2.69 | 2.63 | 2.61 | 2.65 | 2.67 |
The fixed asset turnover ratio measures how efficiently a company generates revenue from its fixed assets. Robert Half Inc's fixed asset turnover has been consistently high over the past eight quarters, ranging from 58.75 to 71.33. This indicates that the company is generating a significant amount of revenue relative to its investment in fixed assets.
The total asset turnover ratio reflects the efficiency of a company in generating revenue from all its assets. Robert Half Inc's total asset turnover has fluctuated between 2.12 and 2.50 over the same period. The company's total asset turnover has generally been stable, indicating that it effectively generates sales in relation to its total assets.
Overall, Robert Half Inc has maintained strong efficiency in generating revenue from both its fixed and total assets over the past eight quarters. The high fixed asset turnover suggests that the company efficiently utilizes its fixed assets to drive sales, while the consistent total asset turnover implies effective management of its overall asset base to generate revenue.