Rollins Inc (ROL)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,069,670 | 2,693,180 | 2,423,470 | 2,161,220 | 2,015,480 |
| Total current assets | US$ in thousands | 406,639 | 348,619 | 352,380 | 314,777 | 309,787 |
| Total current liabilities | US$ in thousands | 576,689 | 493,784 | 491,162 | 472,511 | 410,035 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $3,069,670K ÷ ($406,639K – $576,689K)
= —
To calculate the working capital turnover for Rollins, Inc., we need the figures for working capital and revenue for each year. Working capital turnover is a measure of how effectively a company is using its working capital to generate revenue.
Unfortunately, without the specific working capital and revenue figures for the years 2019 to 2023, we are unable to calculate the working capital turnover for Rollins, Inc.
However, when the information becomes available, the working capital turnover ratio can provide insights into the company's operational efficiency and how well it is utilizing its working capital to generate sales. A higher ratio typically indicates that the company is effectively using its working capital to generate revenue. Conversely, a declining ratio may suggest inefficiencies in managing working capital or challenges in generating sales.
Once the necessary data is provided, a more in-depth analysis of Rollins, Inc.'s working capital turnover can be performed to evaluate its financial performance and efficiency over the specified period.
Peer comparison
Dec 31, 2023