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