Diamondback Accounts Payable from 2010 to 2024

FANG Stock  USD 179.55  5.74  3.10%   
Diamondback Energy's Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is estimated to finish at about 274.1 M this year. Accounts Payable is the amount Diamondback Energy owes to suppliers or vendors for products or services received but not yet paid for. It represents Diamondback Energy's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2009-12-31
Previous Quarter
331 M
Current Value
198 M
Quarterly Volatility
94 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Diamondback Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diamondback Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 B, Interest Expense of 185.8 M or Total Revenue of 8.8 B, as well as many indicators such as Price To Sales Ratio of 3.15, Dividend Yield of 0.0543 or PTB Ratio of 2.35. Diamondback financial statements analysis is a perfect complement when working with Diamondback Energy Valuation or Volatility modules.
  
Check out the analysis of Diamondback Energy Correlation against competitors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.

Latest Diamondback Energy's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Diamondback Energy over the last few years. An accounting item on the balance sheet that represents Diamondback Energy obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Diamondback Energy are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Diamondback Energy's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diamondback Energy's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Diamondback Accounts Payable Regression Statistics

Arithmetic Mean86,347,066
Geometric Mean41,455,935
Coefficient Of Variation104.92
Mean Deviation72,738,214
Median47,648,000
Standard Deviation90,591,623
Sample Variance8206.8T
Range271.4M
R-Value0.82
Mean Square Error2960.1T
R-Squared0.67
Significance0.0002
Slope16,519,974
Total Sum of Squares114895.8T

Diamondback Accounts Payable History

2024274.1 M
2023261 M
2022127 M
202136 M
202071 M
2019179 M
2018128 M

About Diamondback Energy Financial Statements

Diamondback Energy stakeholders use historical fundamental indicators, such as Diamondback Energy's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Diamondback Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Diamondback Energy's assets and liabilities are reflected in the revenues and expenses on Diamondback Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Diamondback Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable261 M274.1 M

Currently Active Assets on Macroaxis

When determining whether Diamondback Energy is a strong investment it is important to analyze Diamondback Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diamondback Energy's future performance. For an informed investment choice regarding Diamondback Stock, refer to the following important reports:
Check out the analysis of Diamondback Energy Correlation against competitors.
For more detail on how to invest in Diamondback Stock please use our How to Invest in Diamondback Energy guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diamondback Energy. If investors know Diamondback will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diamondback Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.37)
Dividend Share
8.29
Earnings Share
17.32
Revenue Per Share
49.46
Quarterly Revenue Growth
0.087
The market value of Diamondback Energy is measured differently than its book value, which is the value of Diamondback that is recorded on the company's balance sheet. Investors also form their own opinion of Diamondback Energy's value that differs from its market value or its book value, called intrinsic value, which is Diamondback Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diamondback Energy's market value can be influenced by many factors that don't directly affect Diamondback Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diamondback Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diamondback Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diamondback Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.