Exelixis Inc (EXEL)

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		7.71	7.15	7.36	7.11	7.50	7.62	6.61	7.98	5.08	6.99	6.73	5.80	6.14	5.77	8.25	7.13	8.13	5.63	9.33	7.95
DSO	days	47.35	51.04	49.57	51.32	48.66	47.90	55.26	45.75	71.90	52.25	54.20	62.91	59.46	63.31	44.26	51.19	44.91	64.82	39.13	45.93

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.71
= 47.35

Exelixis Inc's Days Sales Outstanding (DSO) is a measure of how efficiently the company collects its accounts receivable. A lower DSO value indicates that the company is collecting payments from customers more quickly, while a higher DSO value may suggest delays in receiving payments.

Over the past several quarters, Exelixis Inc's DSO has shown some fluctuation. It was 47.35 days at the end of December 2023, which was lower compared to the previous quarter but slightly higher than the levels seen in some earlier periods. The trend suggests that the company's accounts receivable turnover rate improved in the most recent quarter, indicating effective management of receivables.

It is essential for Exelixis Inc to monitor its DSO closely to ensure timely collection of payments from customers. A sustained increase in DSO could potentially strain the company's working capital and cash flow position. On the other hand, a decreasing trend in DSO reflects improved efficiency in collecting revenues, which can enhance liquidity and financial stability.