Matador Resources Company (MTDR)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,504,980 | 2,806,780 | 3,058,020 | 1,662,980 | 862,126 |
| Receivables | US$ in thousands | 654,729 | 472,954 | 453,818 | 241,416 | 137,133 |
| Receivables turnover | 5.35 | 5.93 | 6.74 | 6.89 | 6.29 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,504,980K ÷ $654,729K
= 5.35
The receivables turnover ratio for Matador Resources Company has shown a fluctuating trend over the past five years. Starting at 6.29 in December 2020, the ratio increased to 6.89 by December 2021, indicating a more frequent collection of receivables. However, the ratio slightly dropped to 6.74 by December 2022 and then decreased further to 5.93 by December 2023, suggesting a longer period for collecting receivables. By December 2024, the ratio notably declined to 5.35, signifying a potential inefficiency in collecting receivables compared to previous years. Overall, the trend indicates some variability in the company's ability to efficiently convert receivables into cash during the analyzed period.
Peer comparison
Dec 31, 2024