Antero Midstream Partners LP (AM)
Number of days of payables
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Payables turnover | — | — | 13.85 | 12.58 | 105.32 | |
Number of days of payables | days | — | — | 26.35 | 29.03 | 3.47 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The trend in Antero Midstream Partners LP's number of days of payables indicates notable fluctuations over the years. Specifically, the number of days of payables increased significantly from 3.47 days on December 31, 2020, to 29.03 days on December 31, 2021. This suggests that the company took longer to pay its creditors in 2021 compared to the previous year.
Subsequently, there was a slight decrease in the number of days of payables to 26.35 days on December 31, 2022. This indicates a potential improvement in the company's payment practices, as it was able to reduce the time it takes to settle its payables compared to the prior year.
However, the data for December 31, 2023, and December 31, 2024, indicate a lack of specific values, denoted by "— days." This absence of data prevents a comprehensive assessment of the trend in the number of days of payables for these years and may suggest potential challenges in the availability or accuracy of financial information for those periods. It is advisable for the company to provide transparent and consistent data to enhance the analysis of its financial performance.
Peer comparison
Dec 31, 2024