Diamondback Energy Inc (FANG)

Receivables turnover

		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
Revenue (ttm)	US$ in thousands	11,051,000	9,572,000	9,267,000	8,680,000	8,378,000	8,191,000	8,288,000	9,160,000	9,643,000	9,635,000	9,107,000	8,018,000	6,793,000	5,538,000	4,348,000	3,092,000	2,806,000	3,141,000	3,395,000	3,990,000
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $11,051,000K ÷ $—K
= —

The receivables turnover ratio for Diamondback Energy Inc is not provided in the financial data for the periods mentioned. The receivables turnover ratio is a financial metric that indicates how efficiently a company is managing its accounts receivable by measuring how many times during a period it collects its average accounts receivable balance.

Without the specific values for accounts receivable and credit sales, it is not possible to calculate the receivables turnover ratio for Diamondback Energy Inc. However, companies with a higher receivables turnover ratio typically indicate efficient collection of outstanding receivables, while a lower ratio may suggest potential issues with collecting revenue from customers.

In order to provide a comprehensive analysis of Diamondback Energy Inc's receivables turnover, it would be necessary to have the actual accounts receivable balances and credit sales figures for the respective periods and calculate the ratio based on this information.