Rollins Inc (ROL)
Number of days of payables
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 56.99 | 47.36 | 49.71 | 66.02 | 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 | |
| Number of days of payables | days | 6.40 | 7.71 | 7.34 | 5.53 | 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 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 56.99
= 6.40
The number of days of payables for Rollins Inc has fluctuated over the years based on the provided data. It ranged from a low of 5.53 days as of March 31, 2024, to a high of 13.22 days as of September 30, 2020.
In general, a lower number of days of payables indicates that the company is taking less time to pay its suppliers, which could be a positive sign of strong liquidity or efficient working capital management. On the other hand, a higher number of days of payables may suggest a cash flow advantage as the company is able to hold onto its cash for a longer period before paying suppliers.
Rollins Inc's number of days of payables trended downwards towards the end of the data period, reaching 6.40 days as of December 31, 2024. This could indicate that the company improved its payment efficiency or maintained good relationships with its suppliers.
It is important for the company to strike a balance in managing its payables effectively to ensure smooth operations and maintain healthy supplier relationships. Monitoring this ratio over time can provide insights into the company's working capital management and overall financial health.
Peer comparison
Dec 31, 2024