Viper Energy Ut (VNOM)

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 210,703 251,935 230,860 213,984 196,519 181,188 178,720 180,036 177,443 173,269 161,162 145,291 135,545 131,491 127,329 121,091 120,345 119,544 113,143 108,152
Payables US$ in thousands — — — — — — — — — — — — — — — — — — — —
Payables turnover — — — — — — — — — — — — — — — — — — — —

December 31, 2024 calculation

Payables turnover = Cost of revenue (ttm) ÷ Payables
= $210,703K ÷ $—K
= —

The payables turnover ratio for Viper Energy Ut is unavailable for the period from March 31, 2020, to December 31, 2024, as indicated by the data provided. The payables turnover ratio is a financial metric that measures how efficiently a company is managing its payables by comparing the purchases made on credit to the average accounts payable during a specific period.

Without the specific data points for the payables turnover ratio, it is not possible to assess how quickly Viper Energy Ut is paying its suppliers or managing its accounts payable. The payables turnover ratio is typically used to evaluate the liquidity and operational efficiency of a company in managing its financial obligations to suppliers.

In this case, the absence of data for the payables turnover ratio across the reporting periods hinders the analysis and the ability to draw conclusions regarding Viper Energy Ut's payables management practices. Further insights and comparisons with industry peers or historical performance would be needed to provide a more comprehensive understanding of the company's payables turnover efficiency.