Republic Services (BSP:R1SG34) Days Inventory

: 3.99 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Republic Services's Average Total Inventories for the three months ended in Dec. 2023 was R$485 Mil. Republic Services's Cost of Goods Sold for the three months ended in Dec. 2023 was R$11,094 Mil. Hence, Republic Services's Days Inventory for the three months ended in Dec. 2023 was 3.99.

The historical rank and industry rank for Republic Services's Days Inventory or its related term are showing as below:

BSP:R1SG34' s Days Inventory Range Over the Past 10 Years
Min: 2.38 Med: 3.14 Max: 3.98
Current: 3.98

During the past 13 years, Republic Services's highest Days Inventory was 3.98. The lowest was 2.38. And the median was 3.14.

BSP:R1SG34's Days Inventory is ranked better than
87.56% of 209 companies
in the Waste Management industry
Industry Median: 23.54 vs BSP:R1SG34: 3.98

Republic Services's Days Inventory declined from Dec. 2022 (4.13) to Dec. 2023 (3.99).

Inventory Turnover measures how fast the company turns over its inventory within a year. Republic Services's Inventory Turnover for the three months ended in Dec. 2023 was 22.86.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Republic Services's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.03.

Republic Services Days Inventory Historical Data

The historical data trend for Republic Services's Days Inventory 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.

* Premium members only.

Republic Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

3.10

3.12

3.41

3.88

4.10

Republic Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																4.13	4.10	4.13	3.88	3.99

Competitive Comparison

For the Waste Management subindustry, Republic Services's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Republic Services Days Inventory Distribution

For the Waste Management industry and Industrials sector, Republic Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where Republic Services's Days Inventory falls into.

Republic Services Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Republic Services's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (506.706	+	476.751)	/	2 )	/	43814.991	*	365
=	491.7285					/	43814.991	*	365
=	4.10

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

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (493.87	+	476.751)	/	2 )	/	11094.127	*	365 / 4
=	485.3105					/	11094.127	*	365 / 4
=	3.99

Republic Services (BSP:R1SG34) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Republic Services's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11094.127	/	485.3105
	=	22.86

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Republic Services's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	485.3105	/	18774.074
	=	0.03

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Republic Services Days Inventory Related Terms

Thank you for viewing the detailed overview of Republic Services's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Republic Services (BSP:R1SG34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Republic Services Inc (BSP:R1SG34) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

RSG:USA RSGA:Mexico RPU:Germany

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.

Republic Services (BSP:R1SG34) Headlines

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