Kinetik Holdings (KNTK) Change in Receivables (2020 - 2024)

Kinetik Holdings' (KNTK) quarterly Change in Receivables came in at -$5.8 million in Q1 2024, down 16.67% year-on-year from -$7.0 million in Q2 2023, and up 60.66% quarter-over-quarter from -$14.9 million in Q4 2023.

Kinetik Holdings (KNTK) Change in Receivables (2020 - 2024) Analysis & Trends

Kinetik Holdings' Change in Receivables history runs 5 years deep, the most recent figure standing at -$5.8 million for Q1 2024.

  • On a quarterly basis, Change in Receivables fell 16.67% year-over-year to -$5.8 million in Q1 2024; TTM through Mar 2024 was $11.3 million, a 117.62% increase from a year earlier, with the FY2023 full-year figure at $12.1 million, up 45.65% from the prior year.
  • Change in Receivables grew to -$5.8 million in Q1 2024 per KNTK's latest filing, from -$14.9 million in the prior quarter.
  • Across five years, Change in Receivables topped out at $69.4 million in Q1 2021 and bottomed at -$65.6 million in Q4 2022.
  • The 5-year median for Change in Receivables is -$2.5 million (2020), against an average of $6.9 million.
  • Biggest YoY gain for Change in Receivables was 68589.11% in 2021; the steepest drop was 547.07% in 2021.
  • Year by year, Change in Receivables stood at $6.7 million in 2020, then plunged by 547.07% to -$30.1 million in 2021, then sank by 117.8% to -$65.6 million in 2022, then jumped by 77.36% to -$14.9 million in 2023, then surged by 60.66% to -$5.8 million in 2024.
  • Per Business Quant, the three latest KNTK Change in Receivables figures stand at -$5.8 million (Q1 2024), -$14.9 million (Q4 2023), and $49.0 million (Q3 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -30.42 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn -26.00 Mn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn -
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn -
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 198.00 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 656.00 Mn
10 Kinetik Holdings 3.41 Bn 3.40 Bn 339.68 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 -5.84 Mn
Mar 31, 2024 -5.84 Mn
Dec 31, 2023 -14.85 Mn
Dec 31, 2023 -14.85 Mn
Sep 30, 2023 49.04 Mn
Sep 30, 2023 49.04 Mn
Jun 30, 2023 -17.05 Mn
Jun 30, 2023 -17.05 Mn
Mar 31, 2023 -5.01 Mn
Mar 31, 2023 -5.01 Mn
Dec 31, 2022 -65.60 Mn
Dec 31, 2022 -65.60 Mn
Sep 30, 2022 -26.58 Mn
Sep 30, 2022 -26.58 Mn
Jun 30, 2022 33.07 Mn
Jun 30, 2022 33.07 Mn
Mar 31, 2022 67.45 Mn
Mar 31, 2022 67.45 Mn
Dec 31, 2021 -30.12 Mn
Dec 31, 2021 -30.12 Mn