Antero Resources Corp (AR)

Number of days of payables

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Payables turnover 4.22 9.64 36.38
Number of days of payables days 86.48 37.85 10.03

December 31, 2024 calculation

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

The number of days of payables for Antero Resources Corp has shown a significant increase over the years. As of December 31, 2020, the company took approximately 10.03 days to pay its payables, which is a relatively short period indicating efficient management of trade payables. However, by December 31, 2021, the number of days increased to 37.85 days, suggesting a slower payment cycle. This continued to rise to 86.48 days by December 31, 2022, indicating that the company was taking a longer time to settle its payables.

The lack of specific data for December 31, 2023, and December 31, 2024, restricts a thorough analysis for those years. It is important to note that a higher number of days of payables could indicate cash flow issues or potentially strained relationships with suppliers. Therefore, it would be essential for Antero Resources Corp to monitor and manage its payables effectively to maintain healthy working capital levels and supplier relationships.