Exelixis Inc (EXEL)

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		8.17	7.72	5.08	7.68	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
DSO	days	44.67	47.29	71.87	47.55	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

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.17
= 44.67

Days Sales Outstanding (DSO) is a key financial ratio that measures how long it takes for a company to collect its accounts receivable. In the case of Exelixis Inc, the DSO data shows fluctuations over time.

From March 31, 2020, to December 31, 2024, the DSO for Exelixis ranged between a low of 44.26 days in June 30, 2020, and a high of 71.90 days in December 31, 2021. The average DSO over this period was approximately 53.51 days.

The trend in the DSO for Exelixis indicates some variability in the company's ability to collect its outstanding receivables efficiently. A lower DSO suggests that the company is collecting receivables faster, which can indicate effective credit management and strong customer relationships. On the other hand, a higher DSO may signal potential cash flow issues or difficulties in collections.

It is important for stakeholders to monitor Exelixis' DSO over time to assess the effectiveness of its accounts receivable management and overall financial health. Fluctuations in DSO can be influenced by various factors such as changes in credit policies, customer payment behavior, economic conditions, and industry trends.