Rollins Inc (ROL)
Days of inventory on hand (DOH)
| 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 | 76.93 | 74.71 | 73.72 | 75.25 | 76.58 | 81.41 | 75.34 | 72.62 | 70.41 | 81.47 | 71.50 | 63.87 | 67.05 | 51.26 | 40.59 | 56.17 | 51.02 | 54.89 | 52.80 | 54.64 | |
| DOH | days | 4.74 | 4.89 | 4.95 | 4.85 | 4.77 | 4.48 | 4.84 | 5.03 | 5.18 | 4.48 | 5.11 | 5.71 | 5.44 | 7.12 | 8.99 | 6.50 | 7.15 | 6.65 | 6.91 | 6.68 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 76.93
= 4.74
Days of inventory on hand (DOH) is a financial ratio that measures the average number of days a company holds its inventory before selling it. A lower DOH indicates that the company is efficiently managing its inventory levels, while a higher DOH may signify potential issues such as overstocking or slow-moving inventory.
For Rollins, Inc., the trend in DOH over the past eight quarters shows relatively stable figures, ranging from 8.16 days to 8.87 days. This suggests that the company has been able to maintain a consistent level of inventory management efficiency during this period.
The slight fluctuations in the DOH metric indicate that Rollins, Inc. has been able to effectively balance its inventory levels to meet demand without incurring excessive carrying costs. However, it is important to monitor any significant deviations from the trend in the future to ensure optimal inventory management practices are maintained.
Peer comparison
Dec 31, 2023