CNX Resources Corp (CNX)

The Days Sales Outstanding (DSO) of CNX Resources Corp, a measure of how long it takes to collect revenue from customers, has shown significant fluctuations over the past five years.

As of December 31, 2020, the DSO was relatively low at 43.60 days, indicating that the company was efficient in collecting revenue from its customers. However, by December 31, 2021, the DSO had increased substantially to 163.56 days, suggesting a deterioration in the company's collection processes or potential issues with customer creditworthiness.

In the following year, as of December 31, 2022, the DSO decreased to 102.64 days, although it remained elevated compared to the initial period. This improvement may indicate efforts to streamline collection procedures or address previous challenges.

By December 31, 2023, the DSO dropped significantly to 14.24 days, marking a sharp improvement in collection efficiency. This low DSO figure suggests that CNX Resources Corp was successful in managing its receivables effectively and collecting revenue promptly.

However, by December 31, 2024, the DSO increased to 56.88 days, indicating a slight deterioration in collection efficiency compared to the previous year. Despite this increase, the DSO remained lower than the levels seen in 2021 and 2022, suggesting ongoing efforts to optimize receivables management.

Overall, the fluctuating trend in CNX Resources Corp's Days Sales Outstanding over the past five years highlights the importance of monitoring and managing receivables effectively to maintain healthy cash flows and financial performance.

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Dec 31, 2024