Republic Services Inc (RSG)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 9,350,000 | 8,942,200 | 8,204,700 | 6,737,700 | 6,100,500 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $9,350,000K ÷ $—K
= —
Based on the provided data, it appears that Republic Services Inc did not disclose specific figures for the payables turnover ratio for the years ending on December 31, 2020, 2021, 2022, 2023, and 2024. The payables turnover ratio is a financial metric that measures how efficiently a company manages its accounts payable by evaluating how many times a company pays its suppliers during a specific period.
Without the specific values of the payables turnover ratio for the mentioned years, it is challenging to assess Republic Services Inc's ability to manage its payables effectively and the speed at which it pays its suppliers. A high payables turnover ratio is generally favorable as it indicates that the company is efficiently utilizing its trade credit terms and managing its cash flow effectively. Conversely, a low payables turnover ratio may suggest that the company is not paying its suppliers promptly, potentially straining supplier relationships and affecting its liquidity position.
In the absence of the actual data, a detailed analysis of Republic Services Inc's payables turnover performance over the specified years cannot be provided. It is essential for investors and stakeholders to monitor this ratio closely in future financial reports to assess the company's financial health and operational efficiency in managing its payables.
Peer comparison
Dec 31, 2024