DPM (Desert Peak Minerals) Days Payable: 0.00 (As of Jun. 2021)


What is Desert Peak Minerals Days Payable?

Desert Peak Minerals DPM Days Payable is 0.00 as of Jun. 2021.

Desert Peak Minerals's average Accounts Payable for the three months ended in Jun. 2021 was $0.00 Mil. Desert Peak Minerals's Cost of Goods Sold for the three months ended in Jun. 2021 was $0.00 Mil.

The historical rank and industry rank for Desert Peak Minerals's Days Payable or its related term are showing as below:

DPM's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.95
* Ranked among companies with meaningful Days Payable only.

Desert Peak Minerals's Days Payable stayed the same from . 20 (0.00) to Jun. 2021 (0.00). stayed the same

Desert Peak Minerals Days Payable Historical Data

* Premium members only.

The historical data trend for Desert Peak Minerals'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.

Desert Peak Minerals Days Payable Chart

Desert Peak Minerals Annual Data
Trend Dec19 Dec20
Days Payable
0.00 0.00

Desert Peak Minerals Quarterly Data
Dec19 Dec20 Jun21
Days Payable 0.00 0.00 0.00

DPM vs : Days Payable Comparison

For the Oil & Gas E&P subindustry, Desert Peak Minerals'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.

Desert Peak Minerals Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Desert Peak Minerals's Days Payable falls into.


Desert Peak Minerals 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.

Desert Peak Minerals's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Desert Peak Minerals's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

Days Payable (Q: Jun. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2020 ) + Accounts Payable (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Desert Peak Minerals (DPM) has a Days Payable of 0.00 as of Jun. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Desert Peak Minerals and its competitors.
Is Desert Peak Minerals' Days Payable too high?
Desert Peak Minerals' current Days Payable is 0.00.
How does Desert Peak Minerals' Days Payable compare to ?
Desert Peak Minerals' Days Payable of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Desert Peak Minerals and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Desert Peak Minerals's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desert Peak Minerals stock overvalued right now?
Desert Peak Minerals (DPM) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Desert Peak Minerals (DPM), the current Days Payable is 0.00 as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Desert Peak Minerals Business Description

Industry EnergyOil & Gas
Comparable Companies
Desert Peak Minerals Inc acquires, owns, and manages mineral and royalty interests in the Permian Basin. Its mineral and royalty interests entitle the company to receive a fixed percentage of the revenue from crude oil, natural gas, and NGLs produced from the acreage.