EQT Corporation (EQT)

Days of sales outstanding (DSO)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Receivables turnover		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	4.86	6.84	6.20	4.63
DSO	days	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	75.12	53.38	58.91	78.85

December 31, 2023 calculation

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

EQT Corp's Days of Sales Outstanding (DSO) is a key metric used to evaluate how efficiently the company is able to collect revenue from its customers. The DSO for EQT Corp has varied significantly over the past eight quarters, ranging from as low as 33.54 days to as high as 125.36 days.

In Q3 2023, the DSO was 125.36 days, which was the highest recorded in the data provided. This indicates that it took EQT Corp an average of 125.36 days to collect revenue from sales during this period. This prolonged collection period may suggest difficulties in collecting payments from customers, which could impact the company's cash flow and liquidity.

On the other hand, in Q1 2023, the DSO was significantly lower at 33.54 days, reflecting a more efficient collection process during that quarter. A lower DSO indicates that the company was able to convert its sales into cash more quickly, which is generally a positive sign for the company's financial health and efficiency in managing receivables.

Overall, EQT Corp should aim to closely monitor and manage its DSO to ensure that it remains at reasonable levels. A consistently high DSO could indicate underlying issues with customer credit or collection processes that may need to be addressed to improve the company's financial performance and liquidity.