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Matador Resources Co (NYSE:MTDR)
Days Payable
36.41 (As of Jun. 2016)

Matador Resources Co's payable for the three months ended in Jun. 2016 was $9.5 Mil. Matador Resources Co's cost of goods sold for the three months ended in Jun. 2016 was $23.7 Mil. Hence, Matador Resources Co's days payable for the three months ended in Jun. 2016 was 36.41.

MTDR' s Days Payable Range Over the Past 10 Years
Min: 36.17   Max: 611.2
Current: 36.17

36.17
611.2

During the past 7 years, Matador Resources Co's highest Days Payable was 611.20. The lowest was 36.17. And the median was 155.05.

MTDR's Days Payable is ranked lower than
66% of the 238 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 67.21 vs. MTDR: 36.17 )

Matador Resources Co's days payable declined from Jun. 2015 (52.28) to Jun. 2016 (36.41). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=10.966/93.728*365
=42.70

Matador Resources Co's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=9.468/23.73*365 / 4
=36.41

* 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

Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.000.00128.90611.20508.58257.52155.0575.6842.70

Matador Resources Co Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 37.6081.2663.0761.42279.1652.2860.3641.3223.1336.41
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