AM (Antero Midstream) Days Sales Outstanding: 37.40 (As of Jun. 2026) — 17% Above Median

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AM Antero Midstream Corp AM
76 GF Score
Price $22.22
GF Value $18.37
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Antero Midstream Days Sales Outstanding?

Antero Midstream AM +0.52% 76 Days Sales Outstanding is 37.40 as of Jun. 2026, which is 17% above its 10-year median of 31.88. GuruFocus rates AM with a GF Score™ of 76/100 and a GF Value™ of $18.37 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 903 Oil & Gas companies, Antero Midstream ranks better than 68.55% on this metric.

Antero Midstream's average Accounts Receivable for the three months ended in Jun. 2026 was $143 Mil. Antero Midstream's Revenue for the three months ended in Jun. 2026 was $350 Mil. Hence, Antero Midstream's Days Sales Outstanding for the three months ended in Jun. 2026 was 37.40.

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

AM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.92   Med: 31.88   Max: 45.37
Current: 34.28

During the past 11 years, Antero Midstream's highest Days Sales Outstanding was 45.37. The lowest was 28.92. And the median was 31.88.

AM's Days Sales Outstanding is ranked better than
68.55% of 903 companies
in the Oil & Gas industry
Industry Median: 44.98 vs AM: 34.28

Antero Midstream's Days Sales Outstanding increased from Jun. 2025 (33.50) to Jun. 2026 (37.40).


Antero Midstream  (NYSE:AM) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Antero Midstream Days Sales Outstanding Related Terms


Antero Midstream Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Antero Midstream's Days Sales Outstanding 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 Sales Outstanding Chart

Antero Midstream Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.48 31.07 28.92 31.88 32.44

Antero Midstream Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Sales Outstanding 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 33.50 32.38 31.48 35.09 37.40

AM vs VNOM, FRO, DTM: Days Sales Outstanding Comparison

For the Oil & Gas Midstream subindustry, Antero Midstream's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding vs Oil & Gas Industry

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

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


AM
76GF Score
Antero Midstream Corp AM
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Antero Midstream Days Sales Outstanding Calculation

Days Sales Outstanding measures 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 Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

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

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (116.012 + 107.764) / 2 ) / 1259.098*365
=111.888 / 1259.098*365
=32.44

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

Days Sales Outstanding (Q: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2026 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (150.242 + 136.687) / 2 ) / 350.046*365 / 4
=143.4645 / 350.046*365 / 4
=37.40

* 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 Sales Outstanding →
What does a Days Sales Outstanding of 37.40 mean?
Antero Midstream (AM) has a Days Sales Outstanding of 37.40 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Antero Midstream and its competitors. This is 17% above median its historical median of 31.88. Over the past decade, Antero Midstream's Days Sales Outstanding has ranged from 28.92 to 45.37. According to the industry distribution chart, Antero Midstream ranks #284 out of 903 companies in the Oil & Gas industry, placing it in the top 31.5%.
Is Antero Midstream's Days Sales Outstanding too high?
Antero Midstream's current Days Sales Outstanding of 37.40 is 17% above median its 10-year median of 31.88. Over the past 10 years, this metric has ranged from a low of 28.92 to a high of 45.37. The Oil & Gas industry median Days Sales Outstanding is 44.98. Antero Midstream's value of 37.40 is 16.9% below this industry median. Based on the distribution chart, Antero Midstream ranks #284 out of 903 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Antero Midstream has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Antero Midstream's Days Sales Outstanding compare to VNOM and FRO?
According to the Oil & Gas industry distribution chart, Antero Midstream ranks #284 out of 903 companies for Days Sales Outstanding. This puts Antero Midstream in the upper half of its industry. The industry median Days Sales Outstanding is 44.98. Antero Midstream's value of 37.40 is 16.9% below this benchmark. Historically, Antero Midstream's own Days Sales Outstanding has ranged from 28.92 to 45.37 over the past decade. While the company's 10-year median is 31.88 vs. the industry median of 44.98, 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 Sales Outstanding for an Oil & Gas company?
The median Days Sales Outstanding among Oil & Gas companies is 44.98, based on 903 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antero Midstream's current Days Sales Outstanding of 37.40 is 16.9% 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 Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Antero Midstream and its competitors. For the Oil & Gas industry, the median Days Sales Outstanding is 44.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Midstream's current Days Sales Outstanding is 37.40, which is 17% above median its own 10-year median of 31.88. 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 $18.37, compared to a current price of $22.22 — trading 20.9% above its estimated fair value. The current Days Sales Outstanding is 37.40, which is 17% above median its 10-year median of 31.88 and 16.9% below the Oil & Gas industry median of 44.98. Antero Midstream's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Antero Midstream (AM), the current Days Sales Outstanding is 37.40 as of Jun. 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 $22.22 is trading 20.9% above its estimated GF Value™ of $18.37. GuruFocus considers Antero Midstream to be Modestly Overvalued.

Key valuation signals for AM:

  • Days Sales Outstanding: 37.40 (17% above median its 10-year median of 31.88)
  • GF Value™: $18.37 vs. price of $22.22 (20.9% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 16.9% below the Oil & Gas median (#284 of 903)

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.
76GF Score

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

$22.22
Price
$18.37
GF Value