Antero Resources Corp (AR)
Payables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 280,530 | 279,062 | 327,267 | 239,349 | 972,305 |
| Payables | US$ in thousands | — | — | 77,543 | 24,819 | 26,728 |
| Payables turnover | — | — | 4.22 | 9.64 | 36.38 |
December 31, 2024 calculation
Payables turnover = Cost of revenue ÷ Payables
= $280,530K ÷ $—K
= —
The payables turnover ratio for Antero Resources Corp declined significantly from 36.38 in December 2020 to 9.64 in December 2021, indicating that the company took longer to pay its suppliers in 2021. This trend continued with a further decrease to 4.22 in December 2022, suggesting a continued slowdown in the payment of its obligations.
However, the data for December 2023 and December 2024 is missing, represented by "—", making it challenging to assess the company's payment efficiency in those years. It is essential for the company to provide complete and accurate financial data for a more comprehensive analysis of its payables turnover and overall financial performance.
Peer comparison
Dec 31, 2024