Permian Resources Corporation (PR)
Payables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 2,852,149 | 2,749,764 | 2,415,431 | 2,007,009 | 1,559,683 | 1,217,035 | 1,054,756 | 871,059 | 714,460 | 565,246 | 513,676 | 492,802 | 481,437 | 474,113 | 478,334 | 498,578 | 539,145 | 602,560 | 645,346 | 672,445 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $2,852,149K ÷ $—K
= —
Permian Resources Corporation's payables turnover ratio for the period from March 31, 2020, to December 31, 2024, remains unavailable as indicated by the data provided. The absence of specific values for the payables turnover ratio prevents a detailed analysis of the efficiency with which the company is managing its accounts payable.
The payables turnover ratio is a key financial metric that helps assess how quickly a company is paying its suppliers. A higher payables turnover ratio typically indicates that a company is paying its suppliers more quickly, which could imply efficient management of cash flow and good relationships with vendors. Conversely, a lower ratio may suggest that the company is taking longer to settle its payables, potentially signaling liquidity issues or strained supplier relationships.
Without the specific values for the payables turnover ratio, it is challenging to evaluate how effectively Permian Resources Corporation is managing its payables. Monitoring this ratio over time would be crucial for understanding the company's payment practices and financial health.
Peer comparison
Dec 31, 2024