Viper Energy Ut (VNOM)

Number of days of payables

		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	Dec 31, 2019
Payables turnover		—	—	—	—	—	—	307.41	114.83	7,426.12	13,416.22	8,074.57	1,605.61	864.67	4,598.51	8,460.33	4,136.47	1,130.53	9,210.09	293.46	—
Number of days of payables	days	—	—	—	—	—	—	1.19	3.18	0.05	0.03	0.05	0.23	0.42	0.08	0.04	0.09	0.32	0.04	1.24	—

September 30, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

The number of days of payables for Viper Energy Ut has displayed fluctuations over the periods stated. Notably, on March 31, 2023, there were 1.19 days of payables, which decreased to 0.05 days on September 30, 2022. This suggests that the company was able to convert its payables into cash more quickly during this period. The number of days of payables remained relatively low and stable in subsequent quarters, indicating efficient management of accounts payable. However, on March 31, 2020, the number of days of payables increased to 1.24 days, which may warrant further investigation into the company's payment practices and cash flow management during that period.