Kinetik Holdings (KNTK) Change in Receivables (2020 - 2024)
Kinetik Holdings (KNTK) posted Change in Receivables of -$5.8 million for Q1 2024, up 60.66% on a QoQ basis from -$14.9 million in Q4 2023, and down 16.67% year-over-year from -$7.0 million in Q2 2023.
Analysis
Kinetik Holdings (KNTK) Change in Receivables (2020 - 2024) Analysis & Trends
Kinetik Holdings has reported Change in Receivables for 5 years, with the latest figure at -$5.8 million in 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 was -$5.8 million for Q1 2024 at Kinetik Holdings, up from -$14.9 million in the prior quarter.
- The five-year high for Change in Receivables was $69.4 million in Q1 2021, with the low at -$65.6 million in Q4 2022.
- Average Change in Receivables over 5 years is $6.9 million, with a median of -$2.5 million recorded in 2020.
- The largest YoY upside for Change in Receivables was 68589.11% in 2021 against a maximum downside of 547.07% in 2021.
- Over 5 years, Change in Receivables stood at $6.7 million in 2020, then sank by 547.07% to -$30.1 million in 2021, then slumped by 117.8% to -$65.6 million in 2022, then surged by 77.36% to -$14.9 million in 2023, then soared by 60.66% to -$5.8 million in 2024.
- The last three Change in Receivables figures came in at -$5.8 million (Q1 2024), -$14.9 million (Q4 2023), and $49.0 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | -26.00 Mn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | - |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | - |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 194.50 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | -117.00 Mn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | -119.00 Mn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | - |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | - |
| 10 | Kinetik Holdings | 8.84 Bn | 12.92 Bn | 343.85 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | -5.84 Mn |
| Dec 31, 2023 | -14.85 Mn |
| Sep 30, 2023 | 49.04 Mn |
| Jun 30, 2023 | -17.05 Mn |
| Mar 31, 2023 | -5.01 Mn |
| Dec 31, 2022 | -65.60 Mn |
| Sep 30, 2022 | -26.58 Mn |
| Jun 30, 2022 | 33.07 Mn |
| Mar 31, 2022 | 67.45 Mn |
| Dec 31, 2021 | -30.12 Mn |
| Sep 30, 2021 | 56.39 Mn |
| Jun 30, 2021 | -7.16 Mn |
| Mar 31, 2021 | 69.38 Mn |
| Dec 31, 2020 | 6.74 Mn |
| Sep 30, 2020 | 455,000.00 |
| Mar 31, 2020 | 101,000.00 |