Civitas Resources Inc (CIVI)

Number of days of payables

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Payables turnover		24.31	11.51	34.66	39.67	30.67	29.88	37.23	15.44	19.43	11.63	9.78	7.50	83.93	36.53	13.94	8.29	3.67	2.99	7.02	27.66
Number of days of payables	days	15.01	31.70	10.53	9.20	11.90	12.21	9.80	23.63	18.78	31.38	37.33	48.68	4.35	9.99	26.18	44.04	99.41	121.91	51.98	13.20

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 24.31
= 15.01

The number of days of payables for Civitas Resources Inc is not provided in the table, making it difficult to analyze the trend and efficiency of the company's accounts payable management over the recent quarters. Without this specific data, it is challenging to assess how long, on average, the company takes to pay its suppliers and vendors. In order to conduct a comprehensive analysis of this financial ratio, detailed and consistent information for each quarter would be necessary.