Antero Midstream Partners LP (AM)

Number of days of payables

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Payables turnover 15.80 13.85 12.97 12.54 9.28 13.34 12.94 13.30 22.24 105.32 46.02 71.24 67.65 113.43 23.41 7.05 2.50
Number of days of payables days 23.10 26.35 28.13 29.12 39.35 27.35 28.21 27.45 16.41 3.47 7.93 5.12 5.40 3.22 15.59 51.76 146.04

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

The number of days of payables for Antero Midstream Corp has shown fluctuation in recent quarters. In Q4 2023, the company took approximately 25.61 days, a significant decrease compared to the 49.12 days in Q3 2023. This indicates that the company took less time to pay its creditors in Q4 2023. However, this improvement follows a trend of increased payment time seen in earlier quarters, with Q2 2022 and Q1 2022 showing 59.67 days and 86.72 days of payables, respectively. Overall, the downward trend in the number of days of payables from Q3 2023 to Q4 2023 suggests improved efficiency in managing payment obligations.


Peer comparison

Dec 31, 2023