GasLog Partners (GLOP-PA) Change in Working Capital (2013 - 2023)
GasLog Partners (GLOP-PA) posted quarterly Change in Working Capital of -$233.9 million for Q4 2023, little changed year-on-year from -$233.3 million in Q4 2022, and down 409.14% on a QoQ basis from $75.6 million in Q1 2023.
GasLog Partners (GLOP-PA) Change in Working Capital (2013 - 2023) Analysis & Trends
GasLog Partners (GLOP-PA) has reported Change in Working Capital for 11 consecutive years, with -$233.9 million the latest figure, recorded in Q4 2023.
- Quarterly Change in Working Capital changed 0.24% year-over-year to -$233.9 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was -$3.6 million (down 101.3% YoY) and the FY2025 annual result came in at $183.6 million, down 29.66% from the prior year.
- Change in Working Capital slipped to -$233.9 million in Q4 2023 per GLOP-PA's latest filing, from $75.6 million in the prior quarter.
- Over the last five years, Change in Working Capital for GLOP-PA reached as high as $389.1 million in Q3 2022 and fell as low as -$234.4 million in Q4 2022.
- A 5-year average of $47.7 million and a median of $62.6 million in 2021 frame the typical range for Change in Working Capital.
- The largest YoY upside for Change in Working Capital was 577.7% in 2022 against a maximum downside of 464.7% in 2022.
- Year by year, Change in Working Capital stood at $68.5 million in 2019, then retreated by 13.41% to $59.4 million in 2020, then gained by 8.3% to $64.3 million in 2021, then plunged by 464.7% to -$234.4 million in 2022, then rose by 0.24% to -$233.9 million in 2023.
- According to Business Quant data, Change in Working Capital over the past three periods registered -$233.9 million, $75.6 million, and -$234.4 million for Q4 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,958.09 Bn | 2,957.96 Bn | 167.16 Mn | -29.83 Mn |
| 2 | Flex LNG | 1,653.87 Bn | 1,653.49 Bn | 61.79 Mn | -2.51 Mn |
| 3 | Enbridge | 121.52 Bn | 120.19 Bn | 6.70 Bn | - |
| 4 | Kinder Morgan | 113.36 Bn | 113.24 Bn | 3.07 Bn | - |
| 5 | Enterprise Products Partners | 82.81 Bn | 81.61 Bn | - | - |
| 6 | Tc Energy | 71.34 Bn | 65.64 Bn | 1.36 Bn | -8.61 Mn |
| 7 | Energy Transfer | 69.06 Bn | 68.09 Bn | 6.62 Bn | - |
| 8 | Mplx | 59.51 Bn | 58.00 Bn | 1.95 Bn | - |
| 9 | Targa Resources | 58.25 Bn | 58.15 Bn | 1.70 Bn | - |
| 10 | GasLog Partners | 1.31 Bn | 1.31 Bn | 74.14 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -233.87 Mn |
| Dec 31, 2023 | -233.87 Mn |
| Mar 31, 2023 | 75.65 Mn |
| Mar 31, 2023 | 75.65 Mn |
| Dec 31, 2022 | -234.44 Mn |
| Dec 31, 2022 | -234.44 Mn |
| Sep 30, 2022 | 389.09 Mn |
| Sep 30, 2022 | 389.09 Mn |
| Jun 30, 2022 | 59.53 Mn |
| Jun 30, 2022 | 59.53 Mn |
| Mar 31, 2022 | 60.99 Mn |
| Mar 31, 2022 | 60.99 Mn |
| Dec 31, 2021 | 64.28 Mn |
| Dec 31, 2021 | 64.28 Mn |
| Sep 30, 2021 | 57.41 Mn |
| Sep 30, 2021 | 57.41 Mn |
| Jun 30, 2021 | 45.06 Mn |
| Jun 30, 2021 | 45.06 Mn |
| Mar 31, 2021 | 64.20 Mn |
| Mar 31, 2021 | 64.20 Mn |