Diamondback Energy Inc (FANG)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | |
| DSO | days | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
Based on the data provided, Diamondback Energy Inc's Days Sales Outstanding (DSO) for the years 2020 to 2024 are not available ("\u2014 days"). DSO is a financial ratio that measures the average number of days it takes a company to collect payment after a sale has been made.
Without specific DSO values for the mentioned years, it is challenging to assess Diamondback Energy Inc's efficiency in managing its accounts receivable and collecting payments from customers. Generally, a lower DSO indicates more efficient receivables management, while a higher DSO can signal potential issues in collecting payments promptly.
It is crucial for Diamondback Energy Inc to monitor and improve its DSO over time to ensure a healthy cash flow and effective management of working capital. This ratio can provide insights into the company's financial performance and liquidity position relative to its industry peers.
Peer comparison
Dec 31, 2024