Antero Midstream Partners LP (AM)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,106,190 | 1,041,770 | 919,985 | 898,202 | 900,719 |
| Receivables | US$ in thousands | — | — | 87,667 | 82,884 | 91,812 |
| Receivables turnover | — | — | 10.49 | 10.84 | 9.81 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,106,190K ÷ $—K
= —
The receivables turnover ratio for Antero Midstream Partners LP has shown a positive trend over the years, increasing from 9.81 in December 31, 2020, to 10.84 in December 31, 2021, and then slightly decreasing to 10.49 in December 31, 2022. Unfortunately, the data for December 31, 2023, and December 31, 2024, is unavailable (denoted as "—"), making it challenging to assess the trend conclusively.
A higher receivables turnover ratio indicates that the company is collecting its accounts receivable more efficiently, which is generally a positive sign of effective credit and collection policies. However, the ratio should be interpreted alongside other financial indicators for a more comprehensive analysis of the company's liquidity and operational efficiency.
Peer comparison
Dec 31, 2024