Rollins Inc (ROL)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 57.33 | 52.54 | 53.62 | 46.64 | 32.86 | |
| Number of days of payables | days | 6.37 | 6.95 | 6.81 | 7.83 | 11.11 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 57.33
= 6.37
The number of days of payables for Rollins Inc has shown a decreasing trend over the years from 11.11 days as of December 31, 2020, to 6.37 days as of December 31, 2024. This indicates that the company is taking fewer days to pay its suppliers, which could suggest improved efficiency in managing its accounts payable. A decreasing number of days of payables could also indicate stronger bargaining power with suppliers or better cash flow management. It is essential to monitor this metric, as a significant decrease could potentially signal liquidity issues or strained relationships with suppliers. Overall, the declining trend in the number of days of payables for Rollins Inc reflects a positive aspect of its financial management.
Peer comparison
Dec 31, 2024