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Aris Water Solutions (Aris Water Solutions) Days Payable

: 40.25 (As of Dec. 2023)
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Aris Water Solutions's average Accounts Payable for the three months ended in Dec. 2023 was $28.4 Mil. Aris Water Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was $64.5 Mil. Hence, Aris Water Solutions's Days Payable for the three months ended in Dec. 2023 was 40.25.

The historical rank and industry rank for Aris Water Solutions's Days Payable or its related term are showing as below:

ARIS' s Days Payable Range Over the Past 10 Years
Min: 26.51   Med: 35.06   Max: 162.37
Current: 41.38

During the past 5 years, Aris Water Solutions's highest Days Payable was 162.37. The lowest was 26.51. And the median was 35.06.

ARIS's Days Payable is ranked worse than
74.34% of 495 companies
in the Utilities - Regulated industry
Industry Median: 66.87 vs ARIS: 41.38

Aris Water Solutions's Days Payable declined from Dec. 2022 (47.96) to Dec. 2023 (40.25). It may suggest that Aris Water Solutions accelerated paying its suppliers.


Aris Water Solutions Days Payable Historical Data

The historical data trend for Aris Water Solutions's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aris Water Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
162.37 74.38 27.85 26.51 35.06

Aris Water Solutions Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.96 37.05 46.28 48.16 40.25

Competitive Comparison

For the Utilities - Regulated Water subindustry, Aris Water Solutions's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aris Water Solutions Days Payable Distribution

For the Utilities - Regulated industry and Utilities sector, Aris Water Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Aris Water Solutions's Days Payable falls into.



Aris Water Solutions Days Payable Calculation

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

Aris Water Solutions's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (22.982 + 25.925) / 2 ) / 254.605*365
=24.4535 / 254.605*365
=35.06

Aris Water Solutions's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (30.974 + 25.925) / 2 ) / 64.49*365 / 4
=28.4495 / 64.49*365 / 4
=40.25

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Aris Water Solutions Days Payable Related Terms

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Aris Water Solutions (Aris Water Solutions) Business Description

Traded in Other Exchanges
N/A
Address
9811 Katy Freeway, Suite 700, Houston, TX, USA, 77024
Aris Water Solutions Inc is an environmental infrastructure and solutions company that helps customers reduce their water and carbon footprints. It has two primary revenue streams. The Produced Water Handling business gathers, transports, and, unless recycled, handles produced water generated from oil and natural gas production. The Water Solutions business develops and operates recycling facilities to treat, store and recycle produced water.
Executives
Jacinto J Hernandez director 777 HIDDEN RIDGE, IRVING TX 75038
Nicholas A. Patterson officer: Chief Commercial Officer 9811 KATY FREEWAY, SUITE 700, HOUSTON TX 77024
Van Brunt David Dylan officer: Chief Operating Officer 9811 KATY FREEWAY, SUITE 700, HOUSTON TX 77024
Jeffrey K. Hunt officer: Chief Accounting Officer 9811 KATY FREEWAY, SUITE 700, HOUSTON TX 77024
Stephan E Tompsett officer: Chief Financial Officer 19100 RIDGEWOOD PARKWAY, SAN ANTONIO TX 78259
Joseph Colonnetta director 4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142
Adrian Milton officer: CAO, General Counsel and Sec. 9811 KATY FREEWAY, SUITE 700, HOUSTON TX 77024
Hbc Water Resources Lp 10 percent owner 3963 MAPLE AVENUE, SUITE 450, DALLAS TX 75219
Hbc Water Resources Ii Lp 10 percent owner 3963 MAPLE AVENUE, SUITE 450, DALLAS TX 75219
Mario Max Yzaguirre director 1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248
Onocophillips 10 percent owner SHIPPING & RECEIVING CENTER, 16930 PARK ROW DR., HOUSTON TX 77084
Concho Resources Inc 10 percent owner 600 W. ILLINOIS AVENUE, MIDLAND TX 79701
Cog Operating Llc 10 percent owner 600 W. ILLINOIS AVENUE, MIDLAND TX 79701
Yorktown Energy Partners Xi, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Debra Coy director 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806