EQT Corporation (EQT)

Days of sales outstanding (DSO)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Receivables turnover		4.29	8.49	8.27	10.56	7.55	14.92	19.42	17.09	6.57	5.63	5.17	7.58	5.32	4.47	5.30	4.25	5.40	5.88	6.62	5.26
DSO	days	85.14	42.99	44.15	34.55	48.35	24.46	18.79	21.35	55.56	64.78	70.65	48.17	68.60	81.61	68.88	85.85	67.60	62.07	55.14	69.39

December 31, 2024 calculation

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

The days of sales outstanding (DSO) for EQT Corporation have shown significant variability over the reported periods. DSO represents the average number of days it takes for a company to collect payment after making a sale.

The DSO for EQT Corporation ranged from a low of 18.79 days on June 30, 2023, to a high of 85.85 days on March 31, 2021. The trend in DSO does not show a consistent pattern over the periods analyzed, indicating fluctuations in the company's accounts receivable management efficiency.

It is essential to note that a lower DSO is preferable as it indicates faster cash conversion from sales. However, a very low DSO may signal credit policies that are too strict, potentially impacting sales volume. Conversely, a high DSO could signal difficulties in collecting payments, possibly resulting from extended credit terms or issues with customer creditworthiness.

Overall, monitoring EQT Corporation's DSO over time and comparing it to industry benchmarks can provide insights into the company's liquidity, credit risk, and efficiency in managing its accounts receivable.