Rollins Inc (ROL)
Days of sales outstanding (DSO)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 14.26 | 12.55 | 13.38 | 14.60 | 14.22 | 12.83 | 13.09 | 14.89 | 14.43 | 13.10 | 126.00 | 115.64 | 107.60 | 111.51 | 108.07 | 139.08 | 13.90 | 12.54 | 12.38 | 14.87 | |
| DSO | days | 25.59 | 29.09 | 27.29 | 24.99 | 25.67 | 28.44 | 27.88 | 24.51 | 25.30 | 27.86 | 2.90 | 3.16 | 3.39 | 3.27 | 3.38 | 2.62 | 26.27 | 29.12 | 29.48 | 24.54 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 14.26
= 25.59
To analyze Rollins, Inc.'s Days Sales Outstanding (DSO) over the past eight quarters, we can observe a consistent trend of DSO ranging from approximately 24 to 29 days. The DSO metric represents the average number of days it takes a company to convert its accounts receivable into cash.
In the most recent quarter (Q4 2023), the DSO was 25.56 days, indicating a moderate improvement from the previous quarter (Q3 2023) where it was 28.98 days. This suggests that Rollins, Inc. was able to collect payments from its customers more efficiently in Q4 2023.
Comparing the DSO figures across the quarters, we can see that there are fluctuations within the range. The lowest DSO was recorded in Q1 2022 at 24.18 days, while the highest was in Q3 2023 at 28.98 days. However, these variations seem to be within a reasonable range and do not show any alarming trends.
Overall, the DSO trend for Rollins, Inc. indicates that the company has been managing its accounts receivable effectively, maintaining a relatively stable collection cycle over the past eight quarters. Continued monitoring of DSO along with other financial metrics will be crucial for evaluating the company's overall financial health and efficiency in managing its working capital.
Peer comparison
Dec 31, 2023