Republic Services Inc (RSG)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 9.43 | 9.01 | 10.22 | 10.71 | 10.04 | |
| DSO | days | 38.69 | 40.52 | 35.72 | 34.08 | 36.34 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.43
= 38.69
The Days of Sales Outstanding (DSO) for Republic Services, Inc. have shown some fluctuations over the past five years.
In 2023, the DSO decreased to 48.62 days from 53.57 days in 2022, indicating that the company collected its accounts receivable more efficiently in 2023. This could be a positive sign of effective credit management or prompt customer payments.
Comparing 2023 to 2021, the DSO decreased slightly from 48.74 days to 48.62 days. While the change is minimal, it still suggests that the company was able to maintain a relatively stable collections period over these two years.
Looking back further, in 2020, the DSO was slightly lower at 47.75 days compared to 2023. This could suggest that there was a slight deterioration in accounts receivable collection efficiency in 2023 compared to 2020.
In 2019, the DSO was slightly higher at 49.71 days compared to 2023, indicating that the company improved its collections process over the years.
Overall, Republic Services, Inc. has shown some variations in its DSO over the past five years. Efforts to manage accounts receivable effectively and maintain a reasonable DSO could positively impact the company's cash flow and overall financial health.
Peer comparison
Dec 31, 2023