Diamondback Energy Inc (FANG)

Number of days of payables

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Payables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Number of days of payables	days	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

Based on the provided data, the number of days of payables for Diamondback Energy Inc is not available for the specified periods ranging from March 31, 2020, to December 31, 2024. It appears that the company's management may not disclose this particular financial metric or it is not applicable in the financial statements or databases from which the information is being sourced.

The number of days of payables is a crucial metric that relates to how long it takes a company to pay its suppliers or vendors. It indicates the average number of days the company takes to settle its outstanding payables. A low number of days of payables may imply that the company is efficient in managing its working capital but could also indicate potential liquidity issues for suppliers. Conversely, a high number of days of payables may suggest favorable cash flow management for the company but could strain relationships with suppliers if payment terms are extended excessively.

In the absence of specific data regarding Diamondback Energy Inc's number of days of payables, a detailed analysis of its payment practices, working capital management, and supplier relationships cannot be provided at this time. Further information or alternative data sources would be necessary to assess this aspect of the company's financial performance effectively.