Rollins Inc (ROL)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 77.43 | 77.15 | 71.87 | 68.83 | 51.02 | |
| DOH | days | 4.71 | 4.73 | 5.08 | 5.30 | 7.15 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 77.43
= 4.71
The days of inventory on hand (DOH) for Rollins, Inc. have shown a fluctuating trend over the past five years. In 2023, the company held inventory for an average of 8.29 days before selling it, which is slightly lower than the DOH of 8.30 days in the previous year. This may suggest a relatively efficient inventory management process compared to the prior period.
Looking further back, the DOH was 9.08 days in 2021, indicating a longer holding period for inventory compared to the more recent years. In 2020, the DOH was even higher at 10.74 days, suggesting a possible buildup of inventory levels or slower sales turnover during that period.
In contrast, in 2019, Rollins, Inc. had a DOH of 7.15 days, reflecting a shorter time frame for selling inventory compared to the subsequent years analyzed.
Overall, the trend in the days of inventory on hand for Rollins, Inc. indicates some variability in the management of inventory levels over the past five years, with potential implications for working capital management, sales efficiency, and overall operational performance.
Peer comparison
Dec 31, 2023