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
DateValue
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