Republic Services Inc (RSG)
Activity ratios
Short-term
Turnover ratios
| 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 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the activity ratios provided for Republic Services Inc, we can see the following trends:
1. Inventory Turnover: Republic Services Inc's inventory turnover has exhibited a declining trend over the past few years, starting at 111.08 in March 2020 and decreasing to 104.47 by December 2024. This implies that the company is holding onto its inventory for a longer period before selling it, which may indicate inefficiencies in managing inventory levels or changes in sales patterns.
2. Receivables Turnover: There is no data available for the receivables turnover ratio, suggesting that the company may not have publicly disclosed this information or that the ratio may not be meaningful for the business.
3. Payables Turnover: Similarly, no data is provided for the payables turnover ratio, indicating a lack of information on how quickly Republic Services Inc pays its suppliers, which could impact its cash flow management and supplier relationships.
4. Working Capital Turnover: The data shows that there is no information available for the working capital turnover ratio for the specified periods. This ratio typically measures how efficiently a company is using its working capital to generate sales, but without this data, it is difficult to assess Republic Services Inc's performance in this aspect.
In conclusion, the analysis of Republic Services Inc's activity ratios reveals a decline in inventory turnover over the years, while information on receivables turnover, payables turnover, and working capital turnover is not provided. This lack of data limits a comprehensive assessment of the company's efficiency in managing its assets and operations.
Average number of days
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (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 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data on Republic Services Inc activity ratios, we can analyze the days of inventory on hand (DOH) metric over multiple quarters. The DOH measures how quickly a company is able to turn its inventory into sales.
From March 31, 2020, to December 31, 2024, Republic Services Inc's DOH fluctuated within a range of 3.29 days to 4.96 days. A decreasing trend in the DOH indicates the company is managing its inventory more efficiently, while an increasing trend may suggest potential issues such as overstocking.
During this period, Republic Services Inc was able to maintain its DOH generally within a manageable range, showing a consistent approach to inventory management.
However, it's important to note the pattern observed over the quarters and compare it with the industry average to evaluate the company's performance in managing its inventory effectively and optimizing its working capital.
Unfortunately, data on days of sales outstanding (DSO) and number of days of payables were not provided, limiting a comprehensive analysis of Republic Services Inc's full activity ratios.
Long-term
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 1.34 | 1.37 | 1.32 | 1.26 | 1.24 | 1.15 | 1.24 | 1.22 | 1.22 | 1.20 | 1.17 | 1.16 | 1.19 | 1.20 | 1.23 |
| Total asset turnover | 0.49 | 0.50 | 0.49 | 0.49 | 0.48 | 0.49 | 0.48 | 0.49 | 0.47 | 0.46 | 0.43 | 0.47 | 0.45 | 0.45 | 0.44 | 0.44 | 0.43 | 0.44 | 0.45 | 0.45 |
Republic Services Inc's fixed asset turnover ratio has shown fluctuations over the past few years, ranging from a low of 1.15 to a high of 1.37. The ratio indicates that the company generates around $1.15 to $1.37 in revenue for every dollar invested in fixed assets during the period.
On the other hand, the total asset turnover ratio has also varied, with values ranging from 0.43 to 0.50. This ratio reflects that Republic Services generates between $0.43 to $0.50 in revenue for every dollar of total assets employed.
Overall, the fixed asset turnover ratio demonstrates how efficiently the company utilizes its fixed assets to generate sales, while the total asset turnover ratio indicates the efficiency of the company in generating revenue from all its assets. Both ratios are important for assessing operational efficiency and effectiveness in utilizing assets to generate revenue for Republic Services Inc.