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Rentokil Initial (LSE:RTO) Days Sales Outstanding : 58.68 (As of Dec. 2023)


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What is Rentokil Initial Days Sales Outstanding?

Rentokil Initial's average Accounts Receivable for the six months ended in Dec. 2023 was £870 Mil. Rentokil Initial's Revenue for the six months ended in Dec. 2023 was £2,704 Mil. Hence, Rentokil Initial's Days Sales Outstanding for the six months ended in Dec. 2023 was 58.68.

The historical rank and industry rank for Rentokil Initial's Days Sales Outstanding or its related term are showing as below:

LSE:RTO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.35   Med: 62.93   Max: 69.69
Current: 58.15

During the past 13 years, Rentokil Initial's highest Days Sales Outstanding was 69.69. The lowest was 49.35. And the median was 62.93.

LSE:RTO's Days Sales Outstanding is ranked better than
50.48% of 1040 companies
in the Business Services industry
Industry Median: 58.4 vs LSE:RTO: 58.15

Rentokil Initial's Days Sales Outstanding declined from Dec. 2022 (61.34) to Dec. 2023 (58.68).


Rentokil Initial Days Sales Outstanding Historical Data

The historical data trend for Rentokil Initial's Days Sales Outstanding 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.

Rentokil Initial Days Sales Outstanding Chart

Rentokil Initial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.32 69.69 67.68 66.68 58.06

Rentokil Initial Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding 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 63.18 65.99 61.34 57.70 58.68

Competitive Comparison of Rentokil Initial's Days Sales Outstanding

For the Specialty Business Services subindustry, Rentokil Initial's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.


Rentokil Initial's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rentokil Initial's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Rentokil Initial's Days Sales Outstanding falls into.



Rentokil Initial Days Sales Outstanding Calculation

Days Sales Outstanding measures 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 Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Rentokil Initial's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (830 + 880) / 2 ) / 5375*365
=855 / 5375*365
=58.06

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

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (859 + 880) / 2 ) / 2704*365 / 2
=869.5 / 2704*365 / 2
=58.68

* 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.


Rentokil Initial  (LSE:RTO) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Rentokil Initial Days Sales Outstanding Related Terms

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Rentokil Initial (LSE:RTO) Business Description

Traded in Other Exchanges
Address
Manor Royal, Compass House, Crawley, West Sussex, GBR, RH10 9PY
Rentokil Initial is a leading global provider of route-based pest-control and commercial hygiene services, operating in 83 countries. The group also offers a range of specialist route-based services including office and commercial space plant care, property care, and workwear rentals. The group has a diverse client base that includes global food producers, hotel chains, industrial goods businesses, restaurants, and individual residential customers.

Rentokil Initial (LSE:RTO) Headlines