Antero Resources Corp (AR)

Days of sales outstanding (DSO)

		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
Receivables turnover		125.70	166.35	187.72	109.57	109.86	150.92	176.53	256.89	201.15	313.31	233.17	91.84	58.48	101.65	93.54	38.99	122.70	35.60	67.94	50.99
DSO	days	2.90	2.19	1.94	3.33	3.32	2.42	2.07	1.42	1.81	1.16	1.57	3.97	6.24	3.59	3.90	9.36	2.97	10.25	5.37	7.16

December 31, 2024 calculation

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

The Days of Sales Outstanding (DSO) is a measure used to evaluate how efficiently a company manages its accounts receivable. The DSO ratio for Antero Resources Corp has shown fluctuations over the reported periods.

In general, a lower DSO indicates that the company is collecting its accounts receivable more quickly, which is favorable as it improves cash flow and reduces the risk of bad debts.

Analyzing the data provided:
- Antero Resources Corp had a DSO of 7.16 days on March 31, 2020, which decreased to 5.37 days by June 30, 2020.
- The DSO increased to 10.25 days on September 30, 2020, but then substantially decreased to 2.97 days by December 31, 2020.
- The trend continued with fluctuations, showing some periods of higher DSO, such as 9.36 days on March 31, 2021, and lower DSO, like 1.16 days on September 30, 2022.
- By December 31, 2024, the DSO stood at 2.90 days.

Overall, the DSO trend for Antero Resources Corp has shown variability, but generally, the company has managed to keep its days of sales outstanding relatively low, which implies a good ability to collect receivables efficiently. However, it is important to note that the company should aim for consistency in managing its accounts receivable to maintain a healthy cash flow position.