Matador Resources Company (MTDR)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 2.13 | 3.67 | 3.69 | 3.85 | 53.78 | |
| Number of days of payables | days | 171.42 | 99.58 | 98.91 | 94.79 | 6.79 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 2.13
= 171.42
The number of days of payables for Matador Resources Company has shown a significant increase over the years. As of December 31, 2020, the company's payables were being settled in approximately 6.79 days. However, by December 31, 2024, this figure had escalated to 171.42 days, indicating a notable extension in the time taken to settle its payables. Such a trend may suggest potential liquidity challenges or changes in the company's payment policies and supplier relationships. It is essential for stakeholders to closely monitor this metric to assess the company's ability to manage its payable obligations effectively.
Peer comparison
Dec 31, 2024