Rollins Inc (ROL)
Number of days of payables
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 52.20 | 55.88 | 32.39 | 59.43 | 53.22 | 54.25 | 43.86 | 54.69 | 45.70 | 57.07 | 28.62 | 31.31 | 32.01 | 27.62 | 28.79 | 32.82 | 28.20 | 29.17 | 24.65 | 32.93 | |
| Number of days of payables | days | 6.99 | 6.53 | 11.27 | 6.14 | 6.86 | 6.73 | 8.32 | 6.67 | 7.99 | 6.40 | 12.75 | 11.66 | 11.40 | 13.22 | 12.68 | 11.12 | 12.94 | 12.51 | 14.80 | 11.08 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 52.20
= 6.99
Rollins, Inc. has shown fluctuations in its number of days of payables over the past eight quarters. In Q2 2023, the number of days of payables increased significantly to 19.57 days compared to the previous quarters. This may indicate a slower payment cycle or potentially strained supplier relationships during that period. However, the number of days of payables improved in Q3 2023 to 11.36 days, suggesting a more efficient payables management. Overall, the company has shown variability in managing its payables, with some quarters showing faster payment cycles while others indicating a need for improved efficiency in managing supplier obligations.
Peer comparison
Dec 31, 2023