The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Antero Midstream's Revenue for the
three
months ended in Mar. 2026 was $335 Mil. Antero Midstream's average Accounts Receivable for the
three
months ended in Mar. 2026 was $129 Mil.
Hence, Antero Midstream's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.60.
Antero Midstream (NYSE:AM) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Antero Midstream Receivables Turnover Related Terms
Antero Midstream Receivables Turnover Historical Data
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The historical data trend for Antero Midstream's Receivables Turnover 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.
AM vs VNOM, FRO, DTM: Receivables Turnover Comparison
For the Oil & Gas Midstream subindustry, Antero Midstream's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Antero Midstream's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Antero Midstream's Receivables Turnover falls into.
* 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 (AM) has a Receivables Turnover of 2.60 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Antero Midstream and its competitors. According to the industry distribution chart, Antero Midstream ranks #277 out of 896 companies in the Oil & Gas industry, placing it in the top 30.9%.
Is Antero Midstream's Receivables Turnover too high?
Antero Midstream's current Receivables Turnover is 2.60. The Oil & Gas industry median Receivables Turnover is 7.95. Antero Midstream's value of 2.60 is 67.3% below this industry median. Based on the distribution chart, Antero Midstream ranks #277 out of 896 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Antero Midstream has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Antero Midstream's Receivables Turnover compare to VNOM and FRO?
According to the Oil & Gas industry distribution chart, Antero Midstream ranks #277 out of 896 companies for Receivables Turnover. This puts Antero Midstream in the upper half of its industry. The industry median Receivables Turnover is 7.95. Antero Midstream's value of 2.60 is 67.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 7.95, based on 896 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antero Midstream's current Receivables Turnover of 2.60 is 67.3% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Antero Midstream and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Midstream's current Receivables Turnover is 2.60. 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 $17.31, compared to a current price of $23.11 — trading 33.5% above its estimated fair value. The current Receivables Turnover is 2.60 and 67.3% below the Oil & Gas industry median of 7.95. 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 Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Antero Midstream (AM), the current Receivables Turnover is 2.60 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 $23.11 is trading 33.5% above its estimated GF Value™ of $17.31.
GuruFocus considers Antero Midstream to be Significantly Overvalued.
Key valuation signals for AM:
Receivables Turnover: 2.60
GF Value™: $17.31 vs. price of $23.11 (33.5% above fair value)
Industry Position: 67.3% below the Oil & Gas median (#277 of 896)
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 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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