Republic Services (Republic Services) Accounts Receivable

: $1,768 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Republic Services's accounts receivables for the quarter that ended in Dec. 2023 was $1,768 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Republic Services's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 42.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Republic Services's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-61.51.

Republic Services Accounts Receivable Historical Data

The historical data trend for Republic Services's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Republic Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

1,125.90

1,091.30

1,271.40

1,677.20

1,768.40

Republic Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																1,677.20	1,686.40	1,740.00	1,829.70	1,768.40

Republic Services Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Republic Services Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Republic Services's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1768.4	/	3831.6	*	91
=	42.11

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Republic Services's accounts receivable are only considered to be worth 75% of book value:

Republic Services's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(140	+	0.75 * 1768.4	+	0.5 * 97.3	-	20866.6
-	0	-	1.2)	/	314.637
=	-61.51

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Republic Services Accounts Receivable Related Terms

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Republic Services (Republic Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Republic Services Inc (NYSE:RSG) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

RSGA:Mexico RPU:Germany RPU:Germany R1SG34:Brazil

Address

18500 North Allied Way, Phoenix, AZ, USA, 85054

Website

https://www.republicservices.com

Republic Services is the second-largest integrated provider of traditional solid waste services in the United States, operating roughly 206 active landfills and 233 transfer stations. The company serves residential, commercial, and industrial end markets. It also runs a sizable recycling operation in North America.

Executives

Gregg Brummer	officer: EVP, COO	18500 N. ALLIED WAY, PHOENIX AZ 85054
Amanda Hodges	officer: EVP, Chief Marketing Officer	18500 N. ALLIED WAY, PHOENIX AZ 85054
Brian M Delghiaccio	officer: EVP Chief Financial Officer	18500 N. ALLIED WAY, PHOENIX AZ 85054
Margaret Reynolds	director	18500 N. ALLIED WAY, PHOENIX AZ 85054
Rodriguez Courtney	officer: EVP, Chief HR Officer	18500 N. ALLIED WAY, PHOENIX AZ 85054
Tomago Collins	director	18500 NORTH ALLIED WAY, PHOENIX AZ 85054
Katharine Weymouth	director	1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Jennifer M Kirk	director	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Michael A Duffy	director	C/O 18500 N. ALLIED WAY, PHOENIX AZ 85054
Ark Jon Vander	officer: EVP-Chief Operating Officer	18500 N. ALLIED WAY, PHOENIX AZ 85054
Timothy E Stuart	officer: COO	18500 N ALLIED WAY, PHOENIX AZ 85054
Brian A Goebel	officer: CAO	7025 E. GREENWAY PARKWAY, SUITE 100, SCOTTSDALE AZ 85254
Cascade Investment, L.l.c.	10 percent owner	2365 CARILLON POINT, KIRKLAND WA 98033
Graaf Sumona De	officer: EVP, Chief HR Officer	18500 N. ALLIED WAY, PHOENIX AZ 85054
Katrina Liddell	officer: EVP, Chief Commercial Officer	18500 N. ALLIED WAY, PHOENIX AZ 85054