Republic Services Inc (RSG)
Working capital turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 16,032,000 | 14,964,500 | 13,511,300 | 11,295,000 | 10,153,600 |
Total current assets | US$ in thousands | 2,406,000 | 2,381,000 | 2,357,100 | 1,710,800 | 1,521,800 |
Total current liabilities | US$ in thousands | 4,128,000 | 4,228,300 | 3,388,300 | 2,415,600 | 2,282,000 |
Working capital turnover | — | — | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $16,032,000K ÷ ($2,406,000K – $4,128,000K)
= —
Based on the provided data, it appears that Republic Services Inc's working capital turnover is indicated as "—" for the years 2020, 2021, 2022, 2023, and 2024. This lack of values for working capital turnover suggests that there may be insufficient or unavailable information to calculate this particular ratio. Without specific figures for working capital turnover, it is challenging to assess how efficiently the company is utilizing its working capital to generate revenue.
In a typical scenario, a higher working capital turnover ratio indicates that the company is efficiently using its working capital to support its operations and generate sales. Conversely, a lower ratio may signify inefficiency in managing working capital. However, since the values for working capital turnover are not provided, a detailed analysis of Republic Services Inc's efficiency in utilizing its working capital cannot be carried out based on the given data. It would be advisable to seek additional information or data points to ascertain the company's performance in this aspect more accurately.
Peer comparison
Dec 31, 2024