Rollins Inc (ROL)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 71.97 | 77.43 | 77.15 | 71.87 | 68.83 | |
| DOH | days | 5.07 | 4.71 | 4.73 | 5.08 | 5.30 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 71.97
= 5.07
The days of inventory on hand (DOH) for Rollins Inc have shown a decreasing trend over the past five years. As of December 31, 2020, the company had 5.30 days of inventory on hand, which decreased to 5.08 days by December 31, 2021. Subsequently, the DOH further decreased to 4.73 days by December 31, 2022, and remained relatively stable at 4.71 days by December 31, 2023. However, there was a slight increase to 5.07 days by December 31, 2024.
Overall, the decreasing trend in DOH indicates that Rollins Inc has been managing its inventory efficiently, translating to a quicker turnover of inventory into sales. This may suggest effective inventory management practices and a potentially healthier working capital position. However, the slight uptick in DOH in 2024 should be monitored to ensure that inventory levels are optimized to support business operations effectively.
Peer comparison
Dec 31, 2024