Sitio Royalties (FRA:SB9) Days Payable : 0.00 (As of Mar. 2024)

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What is Sitio Royalties Days Payable?

Sitio Royalties's average Accounts Payable for the three months ended in Mar. 2024 was €0.0 Mil. Sitio Royalties's Cost of Goods Sold for the three months ended in Mar. 2024 was €70.2 Mil. Hence, Sitio Royalties's Days Payable for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Sitio Royalties's Days Payable or its related term are showing as below:

FRA:SB9' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 29.74
Current: 29.74

During the past 4 years, Sitio Royalties's highest Days Payable was 29.74. The lowest was 0.00. And the median was 0.00.

FRA:SB9's Days Payable is ranked worse than
77.36% of 901 companies
in the Oil & Gas industry
Industry Median: 60.98 vs FRA:SB9: 29.74

Sitio Royalties's Days Payable declined from Mar. 2023 (32.90) to Mar. 2024 (0.00). It may suggest that Sitio Royalties accelerated paying its suppliers.

Sitio Royalties Days Payable Historical Data

The historical data trend for Sitio Royalties's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sitio Royalties Days Payable Chart

Sitio Royalties Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

Sitio Royalties Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial								32.90	30.39	-	-	-

Competitive Comparison of Sitio Royalties's Days Payable

For the Oil & Gas E&P subindustry, Sitio Royalties's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sitio Royalties's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sitio Royalties's Days Payable distribution charts can be found below:

* The bar in red indicates where Sitio Royalties's Days Payable falls into.

Sitio Royalties Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Sitio Royalties's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	267.14	*	365
=	0					/	267.14	*	365
=	0.00

Sitio Royalties's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	70.213	*	365 / 4
=	0					/	70.213	*	365 / 4
=	0.00

Sitio Royalties Days Payable Related Terms

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Sitio Royalties (FRA:SB9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sitio Royalties Corp (FRA:SB9) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

STR:USA

Address

1401 Lawrence Street, Suite 1750, Denver, CO, USA, 80202

Website

https://www.sitio.com

Sitio Royalties Corp is a pure-play mineral and royalty company. The group focuses on investing in mineral and royalty interests in the Permian and other productive U.S. oil basins.

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