Matador Resources Company (MTDR)

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		3.67	2.67	2.82	4.64	3.69	1.83	2.75	3.20	3.85	23.27	70.49	31.36	67.31	13.97	4.90	4.67	3.35	1.87	3.71	2.15
Number of days of payables	days	99.58	136.79	129.25	78.70	98.91	199.49	132.69	114.09	94.79	15.69	5.18	11.64	5.42	26.13	74.50	78.17	109.03	195.25	98.34	169.57

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.67
= 99.58

Unfortunately, the table does not provide specific data on Matador Resources Co's number of days of payables for the given quarters. Without this information, it is not possible to calculate or interpret the trend in the number of days of payables to assess the company's efficiency in paying its suppliers. Additional data or specific values are needed to conduct a thorough analysis of Matador Resources Co's payables turnover and management of trade credit.