It should be possible to export the table from a DWG drawing to Excel XLS format with a dedicated function (usually export table) in a CAD program that supports this function. Not every DWGs have related tables with drawing information, so it is not a common conversion that can be done with every DWG drawing.
Some tools also offer a way to import AutoCAD objects from .dwg file directly on a list in Excel, which might be another relevant dwg to xls conversion.
Open DWG file Open XLS fileA 3D CAD translation software