Exxon Mobil Corp (XOM)

Days of sales outstanding (DSO)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Receivables turnover		8.00	8.44	8.16	8.45	9.06	8.51	10.50	10.56	9.91	9.51	7.59	7.52	8.82	8.38	7.70	7.45	8.82	10.12	11.61	12.34
DSO	days	45.61	43.22	44.76	43.19	40.27	42.91	34.77	34.57	36.84	38.39	48.07	48.52	41.38	43.58	47.43	48.98	41.39	36.07	31.44	29.59

December 31, 2024 calculation

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

Based on the data provided for Exxon Mobil Corp's Days of Sales Outstanding (DSO) from March 31, 2020, to December 31, 2024, the DSO has shown fluctuations over the period. DSO represents the average number of days it takes for a company to collect revenue after a sale has been made.

The trend in Exxon Mobil Corp's DSO shows an increase from 29.59 days on March 31, 2020, to a peak of 48.98 days on March 31, 2021. This indicates that the company took longer to collect revenue from its sales during this period. However, there was a slight decrease in DSO to 36.84 days by December 31, 2022, before climbing again to 45.61 days by December 31, 2024.

It is important to note that a high DSO could suggest potential issues with the company's accounts receivable management, such as inefficient collection processes or extending credit to customers with poor payment histories. On the other hand, a low DSO may indicate efficient collection practices.

Exxon Mobil Corp should continuously monitor and manage its DSO to ensure effective cash flow management and timely collection of receivables, which are crucial for maintaining strong liquidity and financial stability.