Antero Midstream Partners LP (AM)

Receivables turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Revenue (ttm)	US$ in thousands	1,106,193	1,078,886	1,072,855	1,061,347	1,041,771	1,023,154	990,349	960,969	919,985	894,922	888,692	892,572	898,202	885,572	894,183	881,132	900,719	935,926	946,306	982,188
Receivables	US$ in thousands	—	—	—	—	—	940	940	96,670	87,667	80,229	76,469	79,411	82,884	86,949	91,402	89,940	91,812	105,094	97,027	150,121
Receivables turnover		—	—	—	—	—	1,088.46	1,053.56	9.94	10.49	11.15	11.62	11.24	10.84	10.18	9.78	9.80	9.81	8.91	9.75	6.54

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,106,193K ÷ $—K
= —

The receivables turnover ratio for Antero Midstream Partners LP has shown some fluctuations over the period provided. From March 31, 2020, to June 30, 2022, the ratio steadily increased from 6.54 to 11.62, indicating an improvement in the efficiency of collecting receivables.

However, there was a significant anomaly in the data for the receivables turnover ratio on June 30, 2023, and September 30, 2023, with values of 1,053.56 and 1,088.46, respectively. Such extreme values are likely errors or anomalies in the data that may distort the overall trend.

Following those anomalies, the ratio dropped to 9.94 on March 31, 2023, and continued to decline to 9.94 by March 31, 2023, indicating a potential slowdown in receivables turnover efficiency.

The blank values for the receivables turnover ratio from December 31, 2023, and onwards suggest missing or unavailable data points for analysis during that period. Overall, while there were some fluctuations and anomalies in the data, a general increasing trend in the receivables turnover ratio was observed before the anomalous data points.