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Matador Resources Co (NYSE:MTDR)
Days Payable
44.47 (As of Dec. 2013)

Matador Resources Co's payable for the three months ended in Dec. 2013 was $33.6 Mil. Matador Resources Co's revenue for the three months ended in Dec. 2013 was $68.7 Mil. Hence, Matador Resources Co's days payable for the three months ended in Dec. 2013 was 44.47.

Matador Resources Co's days payable declined from Dec. 2012 (60.76) to Dec. 2013 (44.47). It may suggest that Matador Resources Co accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Matador Resources Co's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=33.56/260.889*365
=46.95

Matador Resources Co's Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=33.56/68.667*91
=44.47

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Matador Resources Co Annual Data

Dec09Dec10Dec11Dec12Dec13
DaysPayable 0.000.000.000.000.0041.94113.5795.6476.6046.95

Matador Resources Co Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 24.6088.0428.4936.4175.2560.7645.4758.4640.3044.47
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