Talos Energy (TALO)
Days of sales outstanding (DSO)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 5.64 | 8.05 | 6.18 | 3.68 | 7.30 | |
| DSO | days | 64.67 | 45.36 | 59.07 | 99.30 | 50.00 |
December 31, 2023 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 5.64
= 64.67
The days of sales outstanding (DSO) for Talos Energy Inc have fluctuated over the past five years. In 2023, the DSO increased to 69.50 days from 46.84 days in 2022, indicating that the company took longer to collect outstanding sales from its customers. This could suggest potential difficulties in managing accounts receivable or a slowdown in customer payments.
Compared to the previous years, the DSO in 2023 was lower than the exceptionally high 108.81 days in 2020 but higher than the levels seen in 2019 and 2021. While a lower DSO is generally favorable as it implies quicker cash conversion, the increase in 2023 should be further analyzed to understand the impact on Talos Energy's liquidity and working capital management.
Peer comparison
Dec 31, 2023