AM (Antero Midstream) Accounts Receivable: $150 Mil (As of Mar. 2026)

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AM Antero Midstream Corp AM
79 GF Score
Price $22.59
GF Value $17.28
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Antero Midstream Accounts Receivable?

Antero Midstream AM -1.14% 79 Accounts Receivable is $150 Mil as of Mar. 2026. GuruFocus rates AM with a GF Score™ of 79/100 and a GF Value™ of $17.28 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Antero Midstream's accounts receivables for the quarter that ended in Mar. 2026 was $150 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Antero Midstream's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 40.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Antero Midstream's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-9.17.


Antero Midstream Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Antero Midstream's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=150.242/335.421*91
=40.87

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Antero Midstream's accounts receivable are only considered to be worth 75% of book value:

Antero Midstream's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 150.242+0.5 * 0-4469.415
-0-0)/475.028
=-9.17

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Antero Midstream Accounts Receivable Related Terms


Antero Midstream Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Antero Midstream's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Antero Midstream Accounts Receivable Chart

Antero Midstream Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.94 86.73 89.56 116.01 107.76

Antero Midstream Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 124.88 112.40 109.37 107.76 150.24
AM
79GF Score
Antero Midstream Corp AM
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Antero Midstream Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $150 Mil mean?
Antero Midstream (AM) has a Accounts Receivable of $150 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Antero Midstream and its competitors.
Is Antero Midstream's Accounts Receivable too high?
Antero Midstream's current Accounts Receivable is $150 Mil. Overall, Antero Midstream has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Antero Midstream's Accounts Receivable compare to VNOM and FRO?
Antero Midstream's Accounts Receivable of $150 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Oil & Gas company?
A good Accounts Receivable depends on the Oil & Gas industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Antero Midstream and its competitors. Antero Midstream's current Accounts Receivable is $150 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antero Midstream stock overvalued right now?
Based on GuruFocus' analysis, Antero Midstream (AM) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.28, compared to a current price of $22.59 — trading 30.7% above its estimated fair value. The current Accounts Receivable is $150 Mil. Antero Midstream's overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Antero Midstream (AM), the current Accounts Receivable is $150 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Antero Midstream (AM) Overvalued in 2026?

Based on GuruFocus' analysis, Antero Midstream stock appears to be overvalued. The current stock price of $22.59 is trading 30.7% above its estimated GF Value™ of $17.28. GuruFocus considers Antero Midstream to be Significantly Overvalued.

Key valuation signals for AM:

  • Accounts Receivable: $150 Mil
  • GF Value™: $17.28 vs. price of $22.59 (30.7% above fair value)
  • GF Score™: 79/100 with 8 warning signs

No single metric tells the full story. See the AM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Antero Midstream Business Description

Industry EnergyOil & Gas
Other Exchanges 5711:Germany
Address 1615 Wynkoop Street, Denver, CO, USA, 80202
Antero Midstream Corp is a midstream company that owns, operates, and develops midstream energy assets that service Antero Resources' production and completion activity in the Appalachian Basin, located in West Virginia and Ohio. The company has two operating segments: the Gathering and Processing segment, which includes a network of gathering pipelines and compressor stations that collect and process production from Antero Resources wells in West Virginia and Ohio, and the Water Handling segment, which includes two independent systems that deliver water from sources including the Ohio River, local reservoirs, and several regional waterways. The company derives a majority of its revenue from the Gathering and Processing segment.
79GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$22.59
Price
$17.28
GF Value