AM (Antero Midstream) Days Payable: 14.64 (As of Mar. 2026) — Near Median


AM Antero Midstream Corp AM
81 GF Score
Price $22.17
GF Value $17.30
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Antero Midstream Days Payable?

Antero Midstream AM -0.20% 81 Days Payable is 14.64 as of Mar. 2026, which is 9% above its 10-year median of 13.43. GuruFocus rates AM with a GF Score™ of 81/100 and a GF Value™ of $17.30 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 849 Oil & Gas companies, Antero Midstream ranks worse than 89.05% on this metric.

Antero Midstream's average Accounts Payable for the three months ended in Mar. 2026 was $20 Mil. Antero Midstream's Cost of Goods Sold for the three months ended in Mar. 2026 was $127 Mil. Hence, Antero Midstream's Days Payable for the three months ended in Mar. 2026 was 14.64.

The historical rank and industry rank for Antero Midstream's Days Payable or its related term are showing as below:

AM' s Days Payable Range Over the Past 10 Years
Min: 5.53   Med: 13.43   Max: 27.11
Current: 16.36

During the past 11 years, Antero Midstream's highest Days Payable was 27.11. The lowest was 5.53. And the median was 13.43.

AM's Days Payable is ranked worse than
89.05% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs AM: 16.36

Antero Midstream's Days Payable declined from Mar. 2025 (15.84) to Mar. 2026 (14.64). It may suggest that Antero Midstream accelerated paying its suppliers.


Antero Midstream Days Payable Historical Data

* Premium members only.

The historical data trend for Antero Midstream's Days Payable 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 Days Payable Chart

Antero Midstream Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.72 27.11 18.80 13.36 13.43

Antero Midstream Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable 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 15.84 15.97 16.94 16.20 14.64

AM vs VNOM, FRO, DTM: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Antero Midstream's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Antero Midstream Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Antero Midstream's Days Payable distribution charts can be found below:

* The bar in red indicates where Antero Midstream's Days Payable falls into.


AM
81GF Score
Antero Midstream Corp AM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Antero Midstream Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Antero Midstream's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (16.422 + 15.734) / 2 ) / 436.892*365
=16.078 / 436.892*365
=13.43

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

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (15.734 + 24.865) / 2 ) / 126.542*365 / 4
=20.2995 / 126.542*365 / 4
=14.64

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 14.64 mean?
Antero Midstream (AM) has a Days Payable of 14.64 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Antero Midstream and its competitors. This is near median its historical median of 13.43. Over the past decade, Antero Midstream's Days Payable has ranged from 5.53 to 27.11. According to the industry distribution chart, Antero Midstream ranks #756 out of 849 companies in the Oil & Gas industry, placing it in the top 89%.
Is Antero Midstream's Days Payable too high?
Antero Midstream's current Days Payable of 14.64 is near median its 10-year median of 13.43. Over the past 10 years, this metric has ranged from a low of 5.53 to a high of 27.11. The Oil & Gas industry median Days Payable is 57.95. Antero Midstream's value of 14.64 is 74.7% below this industry median. Based on the distribution chart, Antero Midstream ranks #756 out of 849 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Antero Midstream has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Antero Midstream's Days Payable compare to VNOM and FRO?
According to the Oil & Gas industry distribution chart, Antero Midstream ranks #756 out of 849 companies for Days Payable. This places Antero Midstream in the lower half of its industry. The industry median Days Payable is 57.95. Antero Midstream's value of 14.64 is 74.7% below this benchmark. Historically, Antero Midstream's own Days Payable has ranged from 5.53 to 27.11 over the past decade. While the company's 10-year median is 13.43 vs. the industry median of 57.95, Antero Midstream has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antero Midstream's current Days Payable of 14.64 is 74.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Antero Midstream and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Midstream's current Days Payable is 14.64, which is near median its own 10-year median of 13.43. 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 Modestly Overvalued. The stock's GF Value™ is $17.30, compared to a current price of $22.17 — trading 28.1% above its estimated fair value. The current Days Payable is 14.64, which is near median its 10-year median of 13.43 and 74.7% below the Oil & Gas industry median of 57.95. Antero Midstream's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Antero Midstream (AM), the current Days Payable is 14.64 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 $22.17 is trading 28.1% above its estimated GF Value™ of $17.30. GuruFocus considers Antero Midstream to be Modestly Overvalued.

Key valuation signals for AM:

  • Days Payable: 14.64 (near median its 10-year median of 13.43)
  • GF Value™: $17.30 vs. price of $22.17 (28.1% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 74.7% below the Oil & Gas median (#756 of 849)

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.
81GF Score

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

$22.17
Price
$17.30
GF Value