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Shareholder Report
 12 Months Ended
Sep. 30, 2024
USD ($)
$ / shares
Shareholder Report [Line Items]  
Document Type N-CSR
Amendment Flag false
Registrant Name Advisors Series Trust
Entity Central Index Key 0001027596
Entity Investment Company Type N-1A
Document Period End Date Sep. 30, 2024
Retail Class  
Shareholder Report [Line Items]  
Fund Name Scharf Fund
Class Name Retail Class
Trading Symbol LOGRX
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about the Scharf Fund for the period of October 1, 2023, to September 30, 2024.
Shareholder Report Annual or Semi-Annual annual shareholder report
Additional Information [Text Block] You can find additional information about the Fund at https://scharffunds.com/mutual-funds/scharf-fund/. You can also request this information by contacting us at 1-866-5SCHARF.
Additional Information Phone Number 1-866-5SCHARF
Additional Information Website https://scharffunds.com/mutual-funds/scharf-fund/
Expenses [Text Block]
WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment)
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Retail Class
$126
1.14%
Expenses Paid, Amount $ 126
Expense Ratio, Percent 1.14%
Factors Affecting Performance [Text Block]
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
For the fiscal year ended September 30, 2024, Scharf Fund Retail Class delivered a 21.80% return.
WHAT FACTORS INFLUENCED PERFORMANCE
The Value and Low Volatility factors, our two primary stock selection criteria have materially lagged broader equity markets with accelerating underperformance since the Covid pandemic started. Trillions of dollars in fiscal stimulus and highly accommodative monetary stimulus facilitated a market led by Momentum and Growth factors. We believe the historically high valuation spreads between growth/momentum value/low volatility will close when the fiscal party ends. Our strategy remains focused on ‘Quality’ and ‘Value’ – which means identifying undervalued companies with predictable earnings trading at compelling valuations relative to their trading history. We seek to buy stocks with 30% plus upside to their median high trading ranges and limited downside to their median lows if our investment thesis proves incorrect. We use this upside vs. downside calculation to create a stock’s Favorability Ratio. We believe this valuation support should provide downside protection while offering upside potential.
Top Contributors
↑
Brookfield Corporation
↑
Fiserv, Inc.
↑
Oracle Corporation
Top Detractors
↓
Samsung Electronics Co., Ltd.
↓
CVS Health Corporation
↓
Heineken NV
Performance Past Does Not Indicate Future [Text] The Fund’s past performance is not a good predictor of how the Fund will perform in the future.
Line Graph [Table Text Block]
image
Average Annual Return [Table Text Block]
ANNUAL AVERAGE TOTAL RETURN (%)
 
1 Year
5 Year
Since Inception
(01/28/2015)
Retail Class
21.80
11.08
9.01
S&P 500 TR
36.35
15.98
13.61
Russell 1000 Value Total Return
27.76
10.69
9.40
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.
Updated Performance Information Location [Text Block]
Visit https://scharffunds.com/mutual-funds/scharf-fund/ for more recent performance information.
Visit https://scharffunds.com/mutual-funds/scharf-fund/ for more recent performance information.
Net Assets $ 448,274,346
Holdings Count | $ / shares 31
Advisory Fees Paid, Amount $ 2,926,686
Investment Company Portfolio Turnover 33.00%
Additional Fund Statistics [Text Block]
KEY FUND STATISTICS (as of September 30, 2024)
Net Assets
$448,274,346
Number of Holdings
31
Net Advisory Fee
$2,926,686
Portfolio Turnover
33%
Holdings [Text Block]
Top 10 Issuers
(%)
Fiserv, Inc.
6.1%
Brookfield Corp.
5.6%
McKesson Corp.
5.5%
Berkshire Hathaway, Inc.
5.2%
Comcast Corp.
4.9%
Microsoft Corp.
4.7%
Oracle Corp.
4.6%
Air Products and Chemicals, Inc.
4.1%
Centene Corp.
4.1%
Heineken N.V.
3.8%
Top Sectors
(%)
Financials
29.4%
Health Care
18.5%
Information Technology
12.5%
Industrials
10.6%
Consumer Discretionary
6.7%
Communication Services
6.4%
Materials
4.1%
Consumer Staples
3.8%
Real Estate
3.4%
Cash & Other
4.6%
Updated Prospectus Web Address https://scharffunds.com/mutual-funds/scharf-fund/
Institutional Class  
Shareholder Report [Line Items]  
Fund Name Scharf Fund
Class Name Institutional Class
Trading Symbol LOGIX
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about the Scharf Fund for the period of October 1, 2023, to September 30, 2024.
Shareholder Report Annual or Semi-Annual annual shareholder report
Additional Information [Text Block] You can find additional information about the Fund at https://scharffunds.com/mutual-funds/scharf-fund/. You can also request this information by contacting us at 1-866-5SCHARF.
Additional Information Phone Number 1-866-5SCHARF
Additional Information Website https://scharffunds.com/mutual-funds/scharf-fund/
Expenses [Text Block]
WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment)
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Institutional Class
$97
0.87%
Expenses Paid, Amount $ 97
Expense Ratio, Percent 0.87%
Factors Affecting Performance [Text Block]
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
For the fiscal year ended September 30, 2024, Scharf Fund Institutional Class delivered a 22.13% return.
WHAT FACTORS INFLUENCED PERFORMANCE
The Value and Low Volatility factors, our two primary stock selection criteria have materially lagged broader equity markets with accelerating underperformance since the Covid pandemic started. Trillions of dollars in fiscal stimulus and highly accommodative monetary stimulus facilitated a market led by Momentum and Growth factors. We believe the historically high valuation spreads between growth/momentum value/low volatility will close when the fiscal party ends. Our strategy remains focused on ‘Quality’ and ‘Value’ – which means identifying undervalued companies with predictable earnings trading at compelling valuations relative to their trading history. We seek to buy stocks with 30% plus upside to their median high trading ranges and limited downside to their median lows if our investment thesis proves incorrect. We use this upside vs. downside calculation to create a stock’s Favorability Ratio. We believe this valuation support should provide downside protection while offering upside potential.
Top Contributors
↑
Brookfield Corporation
↑
Fiserv, Inc.
↑
Oracle Corporation
Top Detractors
↓
Samsung Electronics Co., Ltd.
↓
CVS Health Corporation
↓
Heineken NV
Performance Past Does Not Indicate Future [Text] The Fund’s past performance is not a good predictor of how the Fund will perform in the future.
Line Graph [Table Text Block]
image
Average Annual Return [Table Text Block]
ANNUAL AVERAGE TOTAL RETURN (%)
 
1 Year
5 Year
10 Year
Institutional Class
22.13
11.39
9.34
S&P 500 TR
36.35
15.98
13.38
Russell 1000 Value Total Return
27.76
10.69
9.23
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.
Updated Performance Information Location [Text Block]
Visit https://scharffunds.com/mutual-funds/scharf-fund/ for more recent performance information.
Visit https://scharffunds.com/mutual-funds/scharf-fund/ for more recent performance information.
Net Assets $ 448,274,346
Holdings Count | $ / shares 31
Advisory Fees Paid, Amount $ 2,926,686
Investment Company Portfolio Turnover 33.00%
Additional Fund Statistics [Text Block]
KEY FUND STATISTICS (as of September 30, 2024)
Net Assets
$448,274,346
Number of Holdings
31
Net Advisory Fee
$2,926,686
Portfolio Turnover
33%
Holdings [Text Block]
Top 10 Issuers
(%)
Fiserv, Inc.
6.1%
Brookfield Corp.
5.6%
McKesson Corp.
5.5%
Berkshire Hathaway, Inc.
5.2%
Comcast Corp.
4.9%
Microsoft Corp.
4.7%
Oracle Corp.
4.6%
Air Products and Chemicals, Inc.
4.1%
Centene Corp.
4.1%
Heineken N.V.
3.8%
Top Sectors
(%)
Financials
29.4%
Health Care
18.5%
Information Technology
12.5%
Industrials
10.6%
Consumer Discretionary
6.7%
Communication Services
6.4%
Materials
4.1%
Consumer Staples
3.8%
Real Estate
3.4%
Cash & Other
4.6%
Updated Prospectus Web Address https://scharffunds.com/mutual-funds/scharf-fund/
Retail Class  
Shareholder Report [Line Items]  
Fund Name Scharf Multi-Asset Opportunity Fund
Class Name Retail Class
Trading Symbol LOGBX
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about the Scharf Multi-Asset Opportunity Fund for the period of October 1, 2023, to September 30, 2024.
Shareholder Report Annual or Semi-Annual annual shareholder report
Additional Information [Text Block] You can find additional information about the Fund at https://scharffunds.com/mutual-funds/multi-asset-opportunity-fund/. You can also request this information by contacting us at 1-866-5SCHARF.
Additional Information Phone Number 1-866-5SCHARF
Additional Information Website https://scharffunds.com/mutual-funds/multi-asset-opportunity-fund/
Expenses [Text Block]
WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment)
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Retail Class
$131
1.20%
Expenses Paid, Amount $ 131
Expense Ratio, Percent 1.20%
Factors Affecting Performance [Text Block]
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
For the fiscal year ended September 30, 2024, Scharf Multi-Asset Opportunity Fund Retail Class delivered a 19.00% return.
WHAT FACTORS INFLUENCED PERFORMANCE
The Value and Low Volatility factors, our two primary stock selection criteria have materially lagged broader equity markets with accelerating underperformance since the Covid pandemic started. Trillions of dollars in fiscal stimulus and highly accommodative monetary stimulus facilitated a market led by Momentum and Growth factors. We believe the historically high valuation spreads between growth/momentum value/low volatility will close when the fiscal party ends. Our strategy remains focused on ‘Quality’ and ‘Value’ – which means identifying undervalued companies with predictable earnings trading at compelling valuations relative to their trading history. We seek to buy stocks with 30% plus upside to their median high trading ranges and limited downside to their median lows if our investment thesis proves incorrect. We use this upside vs. downside calculation to create a stock’s Favorability Ratio. We believe this valuation support should provide downside protection while offering upside potential.
Top Contributors
↑
Brookfield Corporation
↑
Fiserv, Inc.
↑
Oracle Corporation
Top Detractors
↓
Samsung Electronics Co., Ltd.
↓
CVS Health Corporation
↓
Heineken NV
Performance Past Does Not Indicate Future [Text] The Fund’s past performance is not a good predictor of how the Fund will perform in the future.
Line Graph [Table Text Block]
image
Average Annual Return [Table Text Block]
ANNUAL AVERAGE TOTAL RETURN (%)
 
1 Year
5 Year
Since Inception
(01/21/2016)
Retail Class
19.00
8.77
8.46
S&P 500 TR
36.35
15.98
15.89
Bloomberg US Aggregate Bond Index
11.57
0.33
1.74
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.
Updated Performance Information Location [Text Block]
Visit https://scharffunds.com/mutual-funds/multi-asset-opportunity-fund/ for more recent performance information.
Visit https://scharffunds.com/mutual-funds/multi-asset-opportunity-fund/ for more recent performance information.
Net Assets $ 50,668,312
Holdings Count | $ / shares 73
Advisory Fees Paid, Amount $ 220,987
Investment Company Portfolio Turnover 27.00%
Additional Fund Statistics [Text Block]
KEY FUND STATISTICS (as of September 30, 2024)
Net Assets
$50,668,312
Number of Holdings
73
Net Advisory Fee
$220,987
Portfolio Turnover
27%
Holdings [Text Block]
Top 10 Issuers
(%)
United States Treasury Bill
4.6%
Fiserv, Inc.
4.3%
Brookfield Corp.
4.1%
McKesson Corp.
3.9%
Berkshire Hathaway, Inc.
3.7%
Comcast Corp.
3.4%
Microsoft Corp.
3.4%
Oracle Corp.
3.3%
United States Treasury Note/Bond
3.0%
Tennessee Valley Authority
2.9%
Top Sectors
(%)
Financials
21.7%
Health Care
13.2%
Government
10.6%
Information Technology
9.3%
Industrials
7.4%
Consumer Discretionary
4.8%
Communication Services
4.5%
Utilities
3.7%
Consumer Staples
3.0%
Cash & Other
21.8%
Updated Prospectus Web Address https://scharffunds.com/mutual-funds/multi-asset-opportunity-fund/
Institutional Class  
Shareholder Report [Line Items]  
Fund Name Scharf Multi-Asset Opportunity Fund
Class Name Institutional Class
Trading Symbol LOGOX
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about the Scharf Multi-Asset Opportunity Fund for the period of October 1, 2023, to September 30, 2024.
Shareholder Report Annual or Semi-Annual annual shareholder report
Additional Information [Text Block] You can find additional information about the Fund at https://scharffunds.com/mutual-funds/multi-asset-opportunity-fund/. You can also request this information by contacting us at 1-866-5SCHARF.
Additional Information Phone Number 1-866-5SCHARF
Additional Information Website https://scharffunds.com/mutual-funds/multi-asset-opportunity-fund/
Expenses [Text Block]
WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment)
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Institutional Class
$103
0.94%
Expenses Paid, Amount $ 103
Expense Ratio, Percent 0.94%
Factors Affecting Performance [Text Block]
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
For the fiscal year ended September 30, 2024, Scharf Multi-Asset Opportunity Fund Institutional Class delivered a 19.29% return.
WHAT FACTORS INFLUENCED PERFORMANCE
The Value and Low Volatility factors, our two primary stock selection criteria have materially lagged broader equity markets with accelerating underperformance since the Covid pandemic started. Trillions of dollars in fiscal stimulus and highly accommodative monetary stimulus facilitated a market led by Momentum and Growth factors. We believe the historically high valuation spreads between growth/momentum value/low volatility will close when the fiscal party ends. Our strategy remains focused on ‘Quality’ and ‘Value’ – which means identifying undervalued companies with predictable earnings trading at compelling valuations relative to their trading history. We seek to buy stocks with 30% plus upside to their median high trading ranges and limited downside to their median lows if our investment thesis proves incorrect. We use this upside vs. downside calculation to create a stock’s Favorability Ratio. We believe this valuation support should provide downside protection while offering upside potential.
Top Contributors
↑
Brookfield Corporation
↑
Fiserv, Inc.
↑
Oracle Corporation
Top Detractors
↓
Samsung Electronics Co., Ltd.
↓
CVS Health Corporation
↓
Heineken NV
Performance Past Does Not Indicate Future [Text] The Fund’s past performance is not a good predictor of how the Fund will perform in the future.
Line Graph [Table Text Block]
image
Average Annual Return [Table Text Block]
ANNUAL AVERAGE TOTAL RETURN (%)
 
1 Year
5 Year
10 Year
Institutional Class
19.29
9.06
7.43
S&P 500 TR
36.35
15.98
13.38
Bloomberg US Aggregate Bond Index
11.57
0.33
1.84
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.
Updated Performance Information Location [Text Block]
Visit https://scharffunds.com/mutual-funds/multi-asset-opportunity-fund/ for more recent performance information.
Visit https://scharffunds.com/mutual-funds/multi-asset-opportunity-fund/ for more recent performance information.
Net Assets $ 50,668,312
Holdings Count | $ / shares 73
Advisory Fees Paid, Amount $ 220,987
Investment Company Portfolio Turnover 27.00%
Additional Fund Statistics [Text Block]
KEY FUND STATISTICS (as of September 30, 2024)
Net Assets
$50,668,312
Number of Holdings
73
Net Advisory Fee
$220,987
Portfolio Turnover
27%
Holdings [Text Block]
Top 10 Issuers
(%)
United States Treasury Bill
4.6%
Fiserv, Inc.
4.3%
Brookfield Corp.
4.1%
McKesson Corp.
3.9%
Berkshire Hathaway, Inc.
3.7%
Comcast Corp.
3.4%
Microsoft Corp.
3.4%
Oracle Corp.
3.3%
United States Treasury Note/Bond
3.0%
Tennessee Valley Authority
2.9%
Top Sectors
(%)
Financials
21.7%
Health Care
13.2%
Government
10.6%
Information Technology
9.3%
Industrials
7.4%
Consumer Discretionary
4.8%
Communication Services
4.5%
Utilities
3.7%
Consumer Staples
3.0%
Cash & Other
21.8%
Updated Prospectus Web Address https://scharffunds.com/mutual-funds/multi-asset-opportunity-fund/
Institutional Class  
Shareholder Report [Line Items]  
Fund Name Scharf Global Opportunity Fund
Class Name Institutional Class
Trading Symbol WRLDX
Annual or Semi-Annual Statement [Text Block] This annual shareholder report contains important information about the Scharf Global Opportunity Fund for the period of October 1, 2023, to September 30, 2024.
Shareholder Report Annual or Semi-Annual annual shareholder report
Additional Information [Text Block] You can find additional information about the Fund at https://scharffunds.com/mutual-funds/global-opportunity-fund/. You can also request this information by contacting us at 1-866-5SCHARF.
Additional Information Phone Number 1-866-5SCHARF
Additional Information Website https://scharffunds.com/mutual-funds/global-opportunity-fund/
Expenses [Text Block]
WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment)
Class Name
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Institutional Class
$63
0.57%
Expenses Paid, Amount $ 63
Expense Ratio, Percent 0.57%
Factors Affecting Performance [Text Block]
HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE?
For the fiscal year ended September 30, 2024, Scharf Global Opportunity Fund delivered a 21.37% return.
WHAT FACTORS INFLUENCED PERFORMANCE
The Value and Low Volatility factors, our two primary stock selection criteria have materially lagged broader equity markets with accelerating underperformance since the Covid pandemic started. Trillions of dollars in fiscal stimulus and highly accommodative monetary stimulus facilitated a market led by Momentum and Growth factors. We believe the historically high valuation spreads between growth/momentum value/low volatility will close when the fiscal party ends. Our strategy remains focused on ‘Quality’ and ‘Value’ – which means identifying undervalued companies with predictable earnings trading at compelling valuations relative to their trading history. We seek to buy stocks with 30% plus upside to their median high trading ranges and limited downside to their median lows if our investment thesis proves incorrect. We use this upside vs. downside calculation to create a stock’s Favorability Ratio. We believe this valuation support should provide downside protection while offering upside potential.
Top Contributors
↑
Brookfield Corporation
↑
Fiserv, Inc.
↑
Oracle Corporation
Top Detractors
↓
Samsung Electronics Co., Ltd.
↓
CVS Health Corporation
↓
Heineken NV
Performance Past Does Not Indicate Future [Text] The Fund’s past performance is not a good predictor of how the Fund will perform in the future.
Line Graph [Table Text Block]
image
Average Annual Return [Table Text Block]
ANNUAL AVERAGE TOTAL RETURN (%)
 
1 Year
5 Year
Since Inception
(10/14/2014)
Institutional Class
21.37
10.05
9.60
MSCI ACWI Net Total Return Index    (USD)
31.76
12.19
9.96
No Deduction of Taxes [Text Block] The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares.
Updated Performance Information Location [Text Block]
Visit https://scharffunds.com/mutual-funds/global-opportunity-fund/ for more recent performance information.
Visit https://scharffunds.com/mutual-funds/global-opportunity-fund/ for more recent performance information.
Net Assets $ 28,619,174
Holdings Count | $ / shares 33
Advisory Fees Paid, Amount $ 0
Investment Company Portfolio Turnover 32.00%
Additional Fund Statistics [Text Block]
KEY FUND STATISTICS (as of September 30, 2024)
Net Assets
$28,619,174
Number of Holdings
33
Net Advisory Fee
$0
Portfolio Turnover
32%
Holdings [Text Block]
Top 10 Issuers
(%)
Brookfield Corp.
6.9%
Samsung Electronics Co. Ltd.
5.0%
Fiserv, Inc.
4.9%
Oracle Corp.
4.6%
Berkshire Hathaway, Inc.
4.1%
Centene Corp.
4.1%
Comcast Corp.
4.1%
Smith & Nephew PLC
4.1%
Compass Group PLC
3.9%
Markel Group, Inc.
3.8%
Top Sectors
(%)
Financials
29.3%
Health Care
17.2%
Information Technology
11.9%
Industrials
11.4%
Communication Services
8.8%
Consumer Discretionary
7.6%
Real Estate
3.7%
Consumer Staples
3.6%
Materials
3.4%
Cash & Other
3.1%
Updated Prospectus Web Address https://scharffunds.com/mutual-funds/global-opportunity-fund/