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

Company name
Symbol
Working capital turnover
Republic Services Inc
RSG
Waste Management Inc
WM