Southwestern Energy Company (SWN)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		12.93	6.81	3.45	6.72	9.43
DSO	days	28.22	53.57	105.80	54.31	38.69

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 12.93
= 28.22

The days of sales outstanding (DSO) for Southwestern Energy Company have fluctuated over the past five years, indicating variations in the company's ability to collect accounts receivable efficiently. In 2023, the DSO decreased to 38.06 days from 34.09 days in 2022, suggesting an improvement in the company's collection efficiency during this period. The DSO was notably higher in 2021 at 63.51 days and 58.20 days in 2020, possibly indicating potential issues with receivables management during those years. In 2019, the DSO was relatively lower at 41.45 days compared to the preceding two years. Overall, a lower DSO figure indicates that Southwestern Energy Company is collecting its accounts receivable more quickly, which can positively impact its cash flow and liquidity position.