Mondelez International Inc (MDLZ)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		7.98	8.06	9.01	9.00	8.84
DSO	days	45.73	45.28	40.52	40.56	41.30

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 7.98
= 45.73

The Days of Sales Outstanding (DSO) metric for Mondelez International Inc. has shown a slight increase from 41.30 days in 2019 to 45.73 days in 2023. This indicates that, on average, it took the company approximately 45.73 days to collect payment from customers for sales made during the most recent year.

Over the five-year period, there has been fluctuation in the DSO figures, with a notable increase in 2023 compared to the previous years. A higher DSO could imply challenges in collecting receivables efficiently or potential issues with credit policies. It may also suggest a slower turnover of accounts receivable, which could potentially impact Mondelez's cash flow and liquidity position.

Further analysis of the underlying reasons for the increase in DSO in 2023 compared to the previous years is warranted. Monitoring and managing DSO effectively is essential for optimizing working capital management and ensuring a healthy financial position for the company.