LyondellBasell Industries NV (LYB)

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		86.36	—	11.29	12.19	12.36	12.26	9.90	9.32	8.86	7.86	7.22	7.41	6.18	9.41	11.57	10.99	10.05	10.21	9.81	10.33
DSO	days	4.23	—	32.34	29.95	29.52	29.77	36.87	39.16	41.20	46.43	50.55	49.27	59.04	38.78	31.55	33.21	36.31	35.74	37.22	35.33

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 86.36
= 4.23

The days of sales outstanding (DSO) of LyondellBasell Industries NV have fluctuated over the past eight quarters. In Q4 2023, the DSO was 35.42 days, representing the time it takes for the company to collect on its accounts receivable. This was an increase from the previous quarter's DSO of 33.88 days. However, compared to Q1 2023 (29.95 days), the DSO has shown an overall upward trend recently.

Looking further back, the DSO was relatively stable in Q4 2022 (29.52 days) and Q3 2022 (29.77 days) before experiencing an increase in Q1 2022 (39.16 days) and Q2 2022 (36.87 days). This may indicate potential challenges in collecting receivables during those periods.

Overall, it is important for LyondellBasell Industries NV to closely monitor and manage its DSO to ensure timely collections and efficient cash flow management. The recent increase in DSO warrants attention to prevent any negative impact on the company's liquidity and working capital position.