Mondelez International Inc (MDLZ)

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		7.98	8.25	9.02	7.63	8.06	8.70	9.39	7.92	9.01	8.52	9.56	8.18	9.00	8.57	9.92	7.89	8.84	8.10	8.88	7.27
DSO	days	45.73	44.25	40.48	47.84	45.28	41.98	38.87	46.08	40.52	42.85	38.19	44.63	40.56	42.58	36.80	46.23	41.30	45.04	41.12	50.20

December 31, 2023 calculation

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

To analyze Mondelez International Inc.'s days of sales outstanding (DSO) trend, we observe the following:

- The DSO metric for Q4 2023 stood at 45.73 days, a slight increase from the previous quarter's value of 44.25 days in Q3 2023.
- In comparison to the same period last year (Q4 2022), the DSO in Q4 2023 increased by 0.45 days, indicating a slower collection of receivables.
- The highest DSO value in the provided data series was recorded in Q1 2023 at 47.84 days, reflecting a prolonged time taken to convert sales into cash during that period.
- Conversely, the lowest DSO value was noted in Q2 2022 at 38.87 days, suggesting a more efficient collection process during that quarter.
- Overall, there seems to be some fluctuation in the DSO figures over the observed periods, potentially indicating variations in the company's accounts receivable management and collection efficiency.

In essence, while the DSO trend for Mondelez International Inc. appears relatively stable with some fluctuations, further analysis of the underlying factors influencing receivables management would provide a more comprehensive understanding of the company's financial performance and working capital management.