Rollins Inc (ROL)
Inventory turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 2,828,129 | 2,757,208 | 2,688,141 | 2,643,259 | 2,568,301 | 2,482,129 | 2,409,443 | 2,322,174 | 2,277,754 | 2,325,950 | 2,223,764 | 2,110,403 | 2,036,588 | 2,197,773 | 2,141,518 | 2,085,062 | 2,067,918 | 1,557,537 | 1,382,775 | 1,209,233 |
| Inventory | US$ in thousands | 39,531 | 39,283 | 37,925 | 35,698 | 33,383 | 33,223 | 32,685 | 30,859 | 29,745 | 28,572 | 29,515 | 29,062 | 28,926 | 26,976 | 29,952 | 32,645 | 30,843 | 30,386 | 34,064 | 21,527 |
| Inventory turnover | 71.54 | 70.19 | 70.88 | 74.05 | 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 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,828,129K ÷ $39,531K
= 71.54
The inventory turnover of Rollins Inc has shown fluctuations over the period between March 31, 2020, and December 31, 2024. The inventory turnover ratio measures how many times a company sells and replaces its inventory over a certain period. A higher inventory turnover ratio indicates that the company is efficiently managing its inventory.
At the beginning of the analyzed period, on March 31, 2020, the inventory turnover was at 56.17, indicating that the company turned over its inventory approximately 56 times during that year. The ratio decreased in the following quarter but saw a significant increase to 67.05 by December 31, 2020, showing improved efficiency in managing inventory.
Throughout the next few quarters, the inventory turnover ratio remained relatively high, reaching its peak at 81.47 on September 30, 2021. This indicates that the company was selling and replenishing its inventory at a faster pace. However, there was a slight decrease to 70.41 by December 31, 2021, before rebounding to 76.58 by December 31, 2022.
From March 31, 2023, to December 31, 2024, the inventory turnover ratio fluctuated between 70.19 and 76.93, reflecting some variability in how efficiently Rollins Inc was managing its inventory during this period.
Overall, the inventory turnover ratios of Rollins Inc show a pattern of fluctuation with some periods of higher efficiency in managing inventory turnover. It is essential for the company to monitor and analyze these ratios regularly to ensure optimal inventory management practices and operational efficiency.
Peer comparison
Dec 31, 2024
Dec 31, 2024