FANG (Diamondback Energy) Days Payable: 37.67 (As of Jun. 2026) — 25% Above Median

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FANG Diamondback Energy Inc FANG
62 GF Score
Price $202.47
GF Value $206.56
Valuation Fairly Valued
! 8 Warning Signs
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What is Diamondback Energy Days Payable?

Diamondback Energy FANG +1.48% 62 Days Payable is 37.67 as of Jun. 2026, which is 25% above its 10-year median of 30.04. GuruFocus rates FANG with a GF Score™ of 62/100 and a GF Value™ of $206.56 (Fairly Valued). The stock has 8 warning signs investors should review. Among 859 Oil & Gas companies, Diamondback Energy ranks worse than 77.65% on this metric.

Diamondback Energy's average Accounts Payable for the three months ended in Jun. 2026 was $1,223 Mil. Diamondback Energy's Cost of Goods Sold for the three months ended in Jun. 2026 was $2,961 Mil. Hence, Diamondback Energy's Days Payable for the three months ended in Jun. 2026 was 37.67.

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

FANG' s Days Payable Range Over the Past 10 Years
Min: 7.88   Med: 30.04   Max: 47.11
Current: 29.02

During the past 13 years, Diamondback Energy's highest Days Payable was 47.11. The lowest was 7.88. And the median was 30.04.

FANG's Days Payable is ranked worse than
77.65% of 859 companies
in the Oil & Gas industry
Industry Median: 58.49 vs FANG: 29.02

Diamondback Energy's Days Payable increased from Jun. 2025 (6.36) to Jun. 2026 (37.67). It may suggest that Diamondback Energy delayed paying its suppliers.


Diamondback Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Diamondback 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.

Diamondback Energy Days Payable Chart

Diamondback Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.88 10.38 20.00 36.45 39.68

Diamondback Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial 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 Premium Member Only 6.36 11.31 28.54 41.02 37.67

FANG vs OXY, DVN, EOG: Days Payable Comparison

For the Oil & Gas E&P subindustry, Diamondback 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.


Diamondback Energy Days Payable vs Oil & Gas Industry

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

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


FANG
62GF Score
Diamondback Energy Inc FANG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Diamondback 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.

Diamondback Energy's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (943 + 1168) / 2 ) / 9708*365
=1055.5 / 9708*365
=39.68

Diamondback Energy's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (1181 + 1264) / 2 ) / 2961*365 / 4
=1222.5 / 2961*365 / 4
=37.67

* 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 37.67 mean?
Diamondback Energy (FANG) has a Days Payable of 37.67 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Diamondback Energy and its competitors. This is 25% above median its historical median of 30.04. Over the past decade, Diamondback Energy's Days Payable has ranged from 7.88 to 47.11. According to the industry distribution chart, Diamondback Energy ranks #667 out of 859 companies in the Oil & Gas industry, placing it in the top 77.6%.
Is Diamondback Energy's Days Payable too high?
Diamondback Energy's current Days Payable of 37.67 is 25% above median its 10-year median of 30.04. Over the past 10 years, this metric has ranged from a low of 7.88 to a high of 47.11. The Oil & Gas industry median Days Payable is 58.49. Diamondback Energy's value of 37.67 is 35.6% below this industry median. Based on the distribution chart, Diamondback Energy ranks #667 out of 859 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Diamondback Energy has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Diamondback Energy's Days Payable compare to OXY and DVN?
According to the Oil & Gas industry distribution chart, Diamondback Energy ranks #667 out of 859 companies for Days Payable. This places Diamondback Energy in the lower half of its industry. The industry median Days Payable is 58.49. Diamondback Energy's value of 37.67 is 35.6% below this benchmark. Historically, Diamondback Energy's own Days Payable has ranged from 7.88 to 47.11 over the past decade. While the company's 10-year median is 30.04 vs. the industry median of 58.49, Diamondback Energy has consistently been below the industry average. 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 58.49, based on 859 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. Diamondback Energy's current Days Payable of 37.67 is 35.6% below the industry median. 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 Diamondback Energy and its competitors. For the Oil & Gas industry, the median Days Payable is 58.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diamondback Energy's current Days Payable is 37.67, which is 25% above median its own 10-year median of 30.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamondback Energy stock overvalued right now?
Based on GuruFocus' analysis, Diamondback Energy (FANG) is currently considered Fairly Valued. The stock's GF Value™ is $206.56, compared to a current price of $202.47 — trading 2% below its estimated fair value. The current Days Payable is 37.67, which is 25% above median its 10-year median of 30.04 and 35.6% below the Oil & Gas industry median of 58.49. Diamondback Energy's overall GF Score™ is 62/100 with 8 warning signs to review. 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 Diamondback Energy (FANG), the current Days Payable is 37.67 as of Jun. 2026. 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.

Is Diamondback Energy (FANG) Overvalued in 2026?

Based on GuruFocus' analysis, Diamondback Energy stock appears to be undervalued. The current stock price of $202.47 is trading 2% below its estimated GF Value™ of $206.56. GuruFocus considers Diamondback Energy to be Fairly Valued.

Key valuation signals for FANG:

  • Days Payable: 37.67 (25% above median its 10-year median of 30.04)
  • GF Value™: $206.56 vs. price of $202.47 (2% below fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 35.6% below the Oil & Gas median (#667 of 859)

No single metric tells the full story. See the FANG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Diamondback Energy Business Description

Industry EnergyOil & Gas
Address 500 West Texas Avenue, Suite 100, Midland, TX, USA, 79701
Diamondback is a crude oil and natural gas exploration and production firm whose operations represent a pure-play in the US Permian Basin. The company went public in 2012 and has established itself as a top-tier independent producer through disciplined acquisition and operational excellence. The company's most transformational transaction occurred in September 2024 with the completion of its $26 billion merger with Endeavor Energy Resources, which added around 470,000 net acres and doubled Diamondback's total acreage position. Diamondback boasts an enviable position in the Midland sub-basin, with some of the lowest unit costs among its Permian peers.
62GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$202.47
Price
$206.56
GF Value