Republic Services Inc (RSG)
Working capital turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 17,278,700 | 15,645,200 | 13,321,800 | 12,031,700 | 12,193,000 |
| Total current assets | US$ in thousands | 2,381,000 | 2,357,100 | 1,710,800 | 1,521,800 | 1,606,000 |
| Total current liabilities | US$ in thousands | 4,228,300 | 3,390,700 | 2,415,600 | 2,282,000 | 3,064,600 |
| Working capital turnover | — | — | — | — | — |
December 31, 2023 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $17,278,700K ÷ ($2,381,000K – $4,228,300K)
= —
To calculate working capital turnover for Republic Services, Inc., we need two key components: net sales and average working capital. Unfortunately, the specific figures for these components are not provided in the table, hence an analysis of the working capital turnover ratio cannot be conducted. In order to compute this ratio and assess Republic Services, Inc.'s efficiency in utilizing its working capital to generate sales, we would need access to the necessary financial data for the corresponding years.
Peer comparison
Dec 31, 2023