The Pussycat Doll star said she'd love to join the ITV series in the summer and hold a telly reunion with Nicole Scherzinger.
Ashley joined Dancing On Ice last month and has proved quite the hit with viewers, even if ratings are at an all time low
With both Gary Barlow and Tulisa tipped to leave, there's two spots free on the panel.
And Ashley would love one of them, saying: "[X Factor would] be awesome. I haven't heard anything in that direction though, but it'd be fun.
"[Nicole and I] made a good team before, so I think we could do it again."
Sources previously claimed that Ashley has been “inundated with offers” since leaving the jungle last December and is planning a permanent move to the UK.
The insider revealed: “She loves the States and her family, but she hasn’t really got anything keeping her there.
“Her representatives have been inundated with offers of work and she could become a household name in Britain now she has stepped out of the shadow of Nicole and the rest of the Pussycat Dolls.
“X Factor would be her dream gig, but if she couldn’t make it on to the main show, she would be perfect for the Xtra Factor on ITV2.”
Watch out, Caroline Flack!
Meanwhile, Ashley revealed she wouldn't be starting any relationship with I'm A Celebrity host Dec!
She told DigitalSpy of the Geordie's flirting with her: "I just hadn't seen the series, so I was like, 'What was everybody talking about?'. I was kind of confused, and it got blown out of proportion.
"I think [Ant & Dec] were just being cheeky and fun on the show. I don't know what was going on there. I think they were just having fun with it, that's my take on it."