Republic Services Inc (RSG)
Days of inventory on hand (DOH)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 104.47 | 108.62 | 100.91 | 93.52 | 96.29 | 88.60 | 91.23 | 87.92 | 84.89 | 77.44 | 73.66 | 86.55 | 93.34 | 94.96 | 98.08 | 99.59 | 103.23 | 103.70 | 105.87 | 111.08 | |
| DOH | days | 3.49 | 3.36 | 3.62 | 3.90 | 3.79 | 4.12 | 4.00 | 4.15 | 4.30 | 4.71 | 4.96 | 4.22 | 3.91 | 3.84 | 3.72 | 3.66 | 3.54 | 3.52 | 3.45 | 3.29 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 104.47
= 3.49
The days of inventory on hand (DOH) for Republic Services Inc has shown fluctuations over the past few years. The company had a relatively stable DOH ranging from 3.29 days to 3.54 days in 2020. However, there was a gradual increase in DOH from March 2021 (3.66 days) to June 2022 (4.96 days), indicating a potential increase in the time it takes for the company to sell its inventory.
Subsequently, there was a slight decrease in DOH from September 2022 (4.71 days) to December 2023 (3.79 days). This could suggest that the company managed to streamline its inventory management processes during this period. However, there was a slight uptick in DOH by March 2024 (3.90 days) before decreasing again by September 2024 (3.36 days).
Overall, Republic Services Inc seems to have experienced some variability in its inventory management efficiency, as indicated by the fluctuations in DOH. It would be important for the company to continue monitoring and optimizing its inventory levels to ensure smooth operations and cost-effectiveness.
Peer comparison
Dec 31, 2024