Republic Services Inc (RSG)
Cash conversion cycle
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 3.83 | 3.97 | 4.30 | 3.91 | 3.54 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
| Cash conversion cycle | days | 3.83 | 3.97 | 4.30 | 3.91 | 3.54 |
December 31, 2024 calculation
Cash conversion cycle = DOH + DSO – Number of days of payables
= 3.83 + — – —
= 3.83
The cash conversion cycle for Republic Services Inc has shown a fluctuating trend over the past five years. As of December 31, 2020, the company's cash conversion cycle stood at 3.54 days, indicating a relatively efficient cash management. However, by December 31, 2022, the cash conversion cycle had increased to 4.30 days, suggesting a delay in converting resources into cash.
Subsequently, by December 31, 2024, the cash conversion cycle improved to 3.83 days, reflecting a positive trend towards quicker cash conversion. Overall, Republic Services Inc has experienced some variability in its cash conversion cycle, which may require further analysis to understand the underlying factors influencing this metric and potential strategies for improvement.
Peer comparison
Dec 31, 2024