EQT Corporation (EQT)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		7.55	4.66	2.13	5.40	4.86
DSO	days	48.35	78.28	171.27	67.60	75.12

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.55
= 48.35

Based on the historical data provided, EQT Corp's Days of Sales Outstanding (DSO) has shown fluctuations over the past five years.

In 2019, the DSO was 75.12 days, indicating that on average, it took approximately 75 days for EQT Corp to collect its accounts receivable. This metric decreased significantly to 67.60 days in 2020, suggesting improved efficiency in collecting receivables that year.

However, the DSO increased substantially in 2021 to 171.27 days, reflecting a significant delay in collecting accounts receivable compared to the previous year. This sharp increase could potentially signal issues with the company's credit policies or customer payment behavior.

In 2022, there was a notable decrease in the DSO to 78.28 days, which may indicate that EQT Corp took measures to improve its accounts receivable collection processes.

The most recent data for 2023 shows a further improvement in DSO to 48.35 days, signaling enhanced efficiency in collecting receivables and potentially indicating a healthier liquidity position for the company.

Overall, the trend in EQT Corp's DSO over the past five years suggests fluctuations in the company's ability to collect accounts receivable efficiently, with improvements in certain years and challenges in others. Monitoring this metric going forward will be important to assess the company's management of its working capital and liquidity.