Exxon Mobil Corp (XOM)

Days of sales outstanding (DSO)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Receivables turnover		8.00	9.06	9.91	8.82	8.82
DSO	days	45.61	40.27	36.84	41.38	41.39

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.00
= 45.61

Based on the data provided, Exxon Mobil Corp's Days Sales Outstanding (DSO) has shown some fluctuations over the years. The DSO for the company was 41.39 days as of December 31, 2020, which slightly decreased to 41.38 days by December 31, 2021. There was a significant improvement in efficiency by December 31, 2022, with the DSO dropping to 36.84 days. However, by December 31, 2023, the DSO increased to 40.27 days, indicating a slight slowdown in collections from customers.

The most recent data point, as of December 31, 2024, shows a further increase in DSO to 45.61 days, suggesting that the company may be facing challenges in collecting its accounts receivable efficiently. Overall, while there have been fluctuations in Exxon Mobil Corp's DSO over the years, it is important for the company to closely monitor and manage this metric to ensure prompt collection of sales, which can have a direct impact on cash flow and overall financial health.