Antero Resources Corp (AR)

Days of sales outstanding (DSO)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Receivables turnover		125.70	109.86	201.15	58.48	122.70
DSO	days	2.90	3.32	1.81	6.24	2.97

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 125.70
= 2.90

Antero Resources Corp's Days of Sales Outstanding (DSO) is a key metric that measures the average number of days it takes for the company to collect payment after making a sale. A lower DSO is generally favorable as it indicates a faster collection of receivables, which can improve cash flow and liquidity.

Analyzing the trend in Antero Resources Corp's DSO over the years reveals fluctuations in the collection period. In December 31, 2020, the DSO was at 2.97 days, indicating a relatively efficient collection process. However, by December 31, 2021, the DSO had increased to 6.24 days, suggesting a slower collection of receivables compared to the previous year.

The company made significant improvements in its DSO by December 31, 2022, with the metric dropping to 1.81 days, reflecting a more efficient collections process. However, by December 31, 2023, the DSO increased to 3.32 days, showing a slight delay in the collection of payments.

By December 31, 2024, Antero Resources Corp managed to bring down the DSO to 2.90 days, indicating a relatively efficient collection period. Overall, despite some fluctuations, the company has shown efforts to optimize its accounts receivable management and improve cash flow by reducing the time it takes to collect payments.