Crescent Energy Co (CRGY)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Receivables turnover		—	8.25	5.75
DSO	days	—	44.22	63.47

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —

The days of sales outstanding (DSO) for Crescent Energy Co, a measure of how efficiently the company collects its accounts receivable, improved over the three-year period analyzed. The DSO decreased from 63.47 days in 2021 to 44.22 days in 2022. This indicates that the company was able to collect its outstanding sales more quickly in 2022 compared to 2021. However, the DSO data for 2023 is missing, making it challenging to provide a full comparative analysis for that year. Overall, the downward trend in DSO suggests a positive impact on the company's cash flow and liquidity management.