Permian Resources Corporation (PR)
Number of days of payables
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Payables turnover | 3.15 | 4.71 | 14.81 | 151.46 | 5.93 | |
Number of days of payables | days | 115.96 | 77.44 | 24.65 | 2.41 | 61.59 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.15
= 115.96
Permian Resources Corp's number of days of payables for the years 2019 to 2023 is not provided in the table. This ratio, typically calculated as Accounts Payable divided by Cost of Goods Sold, is crucial for understanding how long the company takes to pay its suppliers. Without this information, it is challenging to assess the efficiency of Permian Resources Corp's payables management over the past five years. To perform a more in-depth analysis and draw meaningful conclusions regarding the company's liquidity and supplier relationships, the specific numerical values for the number of days of payables for each year would be necessary.
Peer comparison
Dec 31, 2023