Viper Energy Ut (VNOM)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 60,882 | 196,519 | 56,372 | 135,545 | 120,345 |
| Payables | US$ in thousands | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $60,882K ÷ $—K
= —
The data provided indicates that Viper Energy Ut's payables turnover ratio is not available for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. Consequently, without specific payables turnover figures, it is challenging to evaluate the efficiency of Viper Energy Ut in managing its accounts payable during these years.
It is important to note that the payables turnover ratio is a key financial metric that measures how efficiently a company pays its suppliers or vendors. A higher payables turnover ratio typically indicates that the company is paying its creditors more quickly, which can be a positive sign of effective working capital management.
In the absence of concrete payables turnover data, further analysis or comparison with industry benchmarks is not feasible. Stakeholders and investors may need to consider seeking additional information or data to gain insights into Viper Energy Ut's payables management practices and financial performance.
Peer comparison
Dec 31, 2024