Halliburton Company (HAL)

Days of sales outstanding (DSO)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Receivables turnover		4.48	4.74	4.38	4.17	4.65
DSO	days	81.39	77.06	83.37	87.46	78.49

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 4.48
= 81.39

Halliburton Company's days of sales outstanding (DSO) has shown variability over the past five years. Beginning at 78.49 days on December 31, 2020, it increased to 87.46 days by December 31, 2021, indicating a slower collection of receivables. However, by December 31, 2022, the DSO decreased to 83.37 days, reflecting an improvement in collecting payments from customers.

Subsequently, on December 31, 2023, the DSO further declined to 77.06 days, suggesting an even more efficient collection process. Nonetheless, by December 31, 2024, the DSO rose slightly to 81.39 days, indicating a minor delay in receivables collection compared to the previous year.

Overall, Halliburton's DSO trend reflects fluctuations in the efficiency of converting sales into cash over the years, with efforts needed to maintain or improve the collection process to ensure optimal cash flow management.