Viper Energy (FRA:ZT0) Days Payable : 0.03 (As of Mar. 2024)

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What is Viper Energy Days Payable?

Viper Energy's average Accounts Payable for the three months ended in Mar. 2024 was €0.0 Mil. Viper Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was €56.4 Mil. Hence, Viper Energy's Days Payable for the three months ended in Mar. 2024 was 0.03.

The historical rank and industry rank for Viper Energy's Days Payable or its related term are showing as below:

FRA:ZT0' s Days Payable Range Over the Past 10 Years
Min: 0.03 Med: 1.07 Max: 16.92
Current: 0.23

During the past 11 years, Viper Energy's highest Days Payable was 16.92. The lowest was 0.03. And the median was 1.07.

FRA:ZT0's Days Payable is ranked worse than
99.78% of 897 companies
in the Oil & Gas industry
Industry Median: 61.41 vs FRA:ZT0: 0.23

Viper Energy's Days Payable declined from Mar. 2023 (1.64) to Mar. 2024 (0.03). It may suggest that Viper Energy accelerated paying its suppliers.

Viper Energy Days Payable Historical Data

The historical data trend for Viper Energy'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.

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Viper Energy Days Payable Chart

Viper Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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0.13

0.15

1.23

1.10

Viper Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															1.64	0.45	0.20	0.18	0.03

Competitive Comparison of Viper Energy's Days Payable

For the Oil & Gas Midstream subindustry, Viper Energy'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.

Viper Energy's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Viper Energy's Days Payable distribution charts can be found below:

* The bar in red indicates where Viper Energy's Days Payable falls into.

Viper Energy 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.

Viper Energy'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
=	( (1.066	+	0.017)	/	2 )	/	180.208	*	365
=	0.5415					/	180.208	*	365
=	1.10

Viper Energy's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.017	+	0.016)	/	2 )	/	56.432	*	365 / 4
=	0.0165					/	56.432	*	365 / 4
=	0.03

Viper Energy Days Payable Related Terms

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Viper Energy (FRA:ZT0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Viper Energy Inc (FRA:ZT0) » Definitions » Days Payable

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Traded in Other Exchanges

VNOM:USA

Address

500 West Texas, Suite 1200, Midland, TX, USA, 79701

Website

https://www.viperenergy.com

Viper Energy Inc was formed by Diamondback Energy in 2014 to own mineral royalty interests in oil and natural gas properties in the Permian Basin. At the end of 2020, Viper owns 24,350 net royalty acres that produced 26,551 boe/d. Proved reserves are mostly oil, and at the end of 2020 stand at 99,392 mboe.

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