Permian Resources Corporation (PR)

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 3.13 2.34 2.88 1.87 4.68 1.31 3.11 3.08 13.00 7.02 9.16 9.31 151.35 71.37 82.51 13.97 7.35 3.57 2.72 3.16
Number of days of payables days 116.73 155.70 126.52 195.24 77.98 278.55 117.26 118.37 28.08 52.00 39.86 39.19 2.41 5.11 4.42 26.13 49.63 102.15 134.40 115.67

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.13
= 116.73

To analyze Permian Resources Corp's number of days of payables, we would calculate the average number of days it takes for the company to pay its suppliers based on the payables turnover ratio. However, without the specific data for payables and cost of goods sold, we are unable to calculate this ratio or provide a detailed analysis of the trend in the number of days of payables over the specified periods. It is essential to have access to more specific financial data to conduct a comprehensive analysis of the company's payables management.