Republic Services Inc (RSG)
Days of sales outstanding (DSO)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 9.43 | 9.00 | 9.30 | 9.40 | 9.01 | 8.55 | 8.53 | 10.15 | 10.22 | 9.89 | 10.44 | 10.56 | 10.71 | 10.59 | 11.13 | 10.64 | 10.04 | 10.10 | 10.30 | 10.86 | |
| DSO | days | 38.69 | 40.56 | 39.24 | 38.81 | 40.53 | 42.70 | 42.81 | 35.96 | 35.72 | 36.90 | 34.97 | 34.55 | 34.08 | 34.46 | 32.80 | 34.30 | 36.34 | 36.14 | 35.42 | 33.61 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 9.43
= 38.69
Days Sales Outstanding (DSO) measures how efficiently a company is managing its accounts receivable. It indicates the average number of days it takes for the company to collect payment after making a sale.
For Republic Services, Inc., the DSO has been fluctuating over the past eight quarters. In Q4 2023, the DSO was 48.62 days, a slight increase from the previous quarter's 47.98 days. Compared to the same quarter in the previous year (Q4 2022), the company has improved its DSO from 53.57 days to 48.62 days, indicating a better efficiency in collecting payments.
However, the trend over the past few quarters shows some variability, with DSO ranging between 46.09 days (Q1 2022) and 53.70 days (Q2 2022). This variability could suggest potential challenges or opportunities in managing accounts receivable effectively.
Overall, Republic Services, Inc. should continue monitoring its DSO to ensure efficient management of its accounts receivable and timely collection of payments to maintain healthy cash flows and financial stability.
Peer comparison
Dec 31, 2023