Expand Energy Corporation (EXE)

The days of sales outstanding (DSO) for Expand Energy Corporation have fluctuated over the past five years, indicating varying efficiency in collecting accounts receivable.

In 2023, the DSO decreased significantly to 24.82 days compared to the previous year, suggesting an improvement in collecting receivables more promptly. This may be indicative of tighter credit policies, more effective collection efforts, or a shift towards faster payment terms with customers.

In 2022, the DSO increased to 44.70 days, which may indicate a delay in collecting receivables compared to 2021. This could be a sign of slowing collections, extending credit to less creditworthy customers, or challenges in managing accounts receivable efficiently.

Furthermore, in 2021, the DSO was at 73.34 days, representing a substantial increase from 2020. This prolonged collection period could signal potential liquidity issues or difficulties in enforcing payment terms with customers.

Additionally, in 2020, the DSO was 51.96 days, implying a shorter collection period compared to 2021 but still longer than in 2019. This may suggest some progress in improving receivables turnover but continued room for enhancement in managing accounts receivable.

Lastly, in 2019, the DSO was 42.35 days, indicating a moderate collection period. There may have been effective collection practices in place during this year, but improvements over the subsequent years were necessary to enhance overall cash flow efficiency.

Overall, the trend in Expand Energy Corporation's DSO over the past five years highlights the importance of closely monitoring accounts receivable management to ensure timely collection and optimize working capital efficiency.

Peer comparison

Dec 31, 2023