EQT Corporation (EQT)

Days of sales outstanding (DSO)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Receivables turnover		4.29	7.55	4.66	2.13	5.40
DSO	days	85.14	48.35	78.28	171.27	67.60

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.29
= 85.14

Based on the data provided, EQT Corporation's days of sales outstanding (DSO) have fluctuated over the past five years.

As of December 31, 2020, the DSO stood at 67.60 days, indicating that on average, it took the company approximately 67.60 days to collect its accounts receivable.

By the end of December 31, 2021, the DSO had increased significantly to 171.27 days, suggesting a prolonged period for EQT Corporation to collect its sales proceeds during that year.

Subsequently, the DSO decreased to 78.28 days by December 31, 2022, reflecting an improvement in the company's accounts receivable collection efficiency.

The DSO further decreased to 48.35 days as of December 31, 2023, signaling a more efficient collection of sales outstanding compared to the previous year.

However, by December 31, 2024, the DSO increased to 85.14 days, indicating a longer collection period relative to the previous year.

Overall, EQT Corporation's DSO has displayed fluctuations over the years, showcasing varying levels of efficiency in collecting accounts receivable. Monitoring this ratio can provide insights into the company's credit policies, collection processes, and overall financial health.