Antero Resources Corp (AR)

Number of days of payables

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Payables turnover		—	—	—	4.07	4.22	2.55	2.81	3.26	9.63	4.68	7.19	7.60	36.38	25.98	66.68	67.19	130.43	42.72	8.30	5.58
Number of days of payables	days	—	—	—	89.74	86.48	143.10	130.07	112.05	37.89	78.05	50.73	48.04	10.03	14.05	5.47	5.43	2.80	8.54	43.95	65.44

December 31, 2023 calculation

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

In order to analyze Antero Resources Corp's number of days of payables, we would need specific data to calculate this financial ratio. The table provided does not contain the necessary information to compute the number of days of payables for each quarter.

Number of days of payables is calculated as Accounts Payable divided by Cost of Goods Sold (COGS) multiplied by 365 days. It represents the number of days the company takes to pay its suppliers for goods or services purchased on credit. A decreasing trend in the number of days of payables may indicate efficient management of payables, while an increasing trend may suggest liquidity or operational challenges.

Without the required figures from the table, we are unable to provide a detailed analysis of Antero Resources Corp's number of days of payables for the specified quarters. Further data would be needed to assess the company's payment practices and liquidity position accurately.