Viper Energy Ut (VNOM)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		1,018.08	10.61	7.36	7.78	5.13
DSO	days	0.36	34.40	49.57	46.91	71.08

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 1,018.08
= 0.36

The days of sales outstanding (DSO) of Viper Energy Ut have shown a positive trend of improvement over the past five years. In particular, the company's DSO has significantly decreased from 71.08 days in 2019 to just 0.36 days in 2023. This indicates that the company has become more efficient in collecting its accounts receivable and converting sales into cash, which is a positive sign of effective management of working capital. Overall, the decreasing trend in DSO suggests that Viper Energy Ut has been able to optimize its receivables management and enhance its cash flow generation capabilities in recent years.