Rollins Inc (ROL)

Working capital turnover

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
Revenue (ttm) US$ in thousands 3,069,673 2,969,441 2,863,419 2,760,623 2,693,185 2,599,388 2,520,954 2,445,989 2,391,431 2,360,474 2,293,748 2,208,873 2,161,220 2,130,913 2,103,681 2,074,309 2,015,477 1,954,115 1,885,388 1,841,892
Total current assets US$ in thousands 406,639 476,790 463,983 367,866 348,619 398,956 506,998 496,512 352,380 373,454 376,325 334,043 314,777 331,836 363,101 304,830 309,787 324,188 319,845 289,939
Total current liabilities US$ in thousands 576,689 581,696 575,701 467,356 493,784 509,769 517,744 480,897 491,162 477,496 518,744 507,788 472,511 469,139 478,173 417,868 410,035 410,880 414,341 352,712
Working capital turnover 156.64

December 31, 2023 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $3,069,673K ÷ ($406,639K – $576,689K)
= —

The working capital turnover for Rollins, Inc. in Q1 2022 was 158.78. Unfortunately, without data for the other quarters of 2023 and additional context, it is challenging to provide a detailed analysis of the trend in working capital turnover for the company. However, a higher working capital turnover ratio indicates that the company is efficiently using its working capital to generate sales revenue. It suggests that the company is managing its liquidity well and has a strong ability to turn its current assets into sales.

Without data for the rest of 2023, it is advisable to monitor the trend of the working capital turnover ratio over time to assess the company's liquidity management and operational efficiency effectively.


Peer comparison

Dec 31, 2023

Company name
Symbol
Working capital turnover
Rollins Inc
ROL
ABM Industries Incorporated
ABM
18.89
Airbnb Inc
ABNB
1.51
Frontdoor Inc
FTDR
55.62