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Republic Services (LTS:0KW1) Days Payable : 48.40 (As of Sep. 2024)


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What is Republic Services Days Payable?

Republic Services's average Accounts Payable for the three months ended in Sep. 2024 was $1,255 Mil. Republic Services's Cost of Goods Sold for the three months ended in Sep. 2024 was $2,367 Mil. Hence, Republic Services's Days Payable for the three months ended in Sep. 2024 was 48.40.

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

LTS:0KW1' s Days Payable Range Over the Past 10 Years
Min: 33.59   Med: 42.48   Max: 53.74
Current: 49.47

During the past 13 years, Republic Services's highest Days Payable was 53.74. The lowest was 33.59. And the median was 42.48.

LTS:0KW1's Days Payable is ranked worse than
62.93% of 232 companies
in the Waste Management industry
Industry Median: 72.325 vs LTS:0KW1: 49.47

Republic Services's Days Payable increased from Sep. 2023 (45.87) to Sep. 2024 (48.40). It may suggest that Republic Services delayed paying its suppliers.


Republic Services Days Payable Historical Data

The historical data trend for Republic Services's Days Payable 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 Days Payable Chart

Republic Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.61 46.58 45.75 47.42 53.74

Republic Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.87 52.59 51.77 47.20 48.40

Competitive Comparison of Republic Services's Days Payable

For the Waste Management subindustry, Republic Services's Days Payable, along with its competitors' market caps and Days Payable 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's Days Payable Distribution in the Waste Management Industry

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

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



Republic Services Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

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

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1221.8 + 1411.5) / 2 ) / 8942.2*365
=1316.65 / 8942.2*365
=53.74

Republic Services's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1285.5 + 1225.4) / 2 ) / 2366.9*365 / 4
=1255.45 / 2366.9*365 / 4
=48.40

* 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.


Republic Services Days Payable Related Terms

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Republic Services Business Description

Traded in Other Exchanges
Address
18500 North Allied Way, Phoenix, AZ, USA, 85054
Republic Services is the second-largest integrated provider of traditional solid waste services in the United States, operating roughly 207 active landfills and 246 transfer stations. The company serves residential, commercial, and industrial end markets. It also runs a sizable recycling operation in North America.

Republic Services Headlines

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