Expedia Group Inc. (EXPE)

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		4.14	3.45	3.10	3.35	4.44	4.37	4.09	4.64	5.41	5.57	4.70	5.28	6.21	4.21	2.83	2.60	6.04	7.15	8.04	7.72
DSO	days	88.18	105.92	117.76	108.95	82.19	83.54	89.25	78.71	67.43	65.50	77.68	69.19	58.81	86.65	129.08	140.17	60.42	51.04	45.41	47.28

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.14
= 88.18

Days Sales Outstanding (DSO) is a key metric that indicates how long it takes for a company to collect its accounts receivable. A lower DSO value suggests that the company is efficient in collecting payments from its customers, while a higher DSO value may indicate potential issues with collections or credit policies.

Analyzing the DSO trend of Expedia Group Inc. from March 31, 2020, to December 31, 2024, reveals fluctuations in the company's collections efficiency.

The DSO for Expedia Group Inc. was relatively stable between March 31, 2020, and December 31, 2021, ranging from 45.41 days to 140.17 days. A significant spike in DSO was observed on March 31, 2021, indicating potential challenges in collecting payments during that period.

Subsequently, from March 31, 2022, to December 31, 2024, the DSO values fluctuated within a moderate range of 65.50 days to 117.76 days. The company managed to bring down the DSO significantly from the peak observed in March 31, 2021, indicating improvements in its accounts receivable management practices.

Overall, while there were fluctuations in Expedia Group Inc.'s DSO over the analyzed period, the company showed some ability to control its collections efficiency. Monitoring DSO trends can provide insights into a company's credit policies, collection processes, and overall liquidity management.