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

Kinetik Holdings (KNTK) posted quarterly Change in Receivables of -$5.8 million for Q1 2024, down 16.67% year-over-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.

  • In Q1 2024, Change in Receivables fell 16.67% year-over-year to -$5.8 million; the TTM figure through Mar 2024 stood at $11.3 million (up 117.62% YoY), while the FY2023 annual figure was $12.1 million, up 45.65% from the prior year.
  • Change in Receivables for Q1 2024 stood at -$5.8 million, 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.
  • The 5-year median for Change in Receivables is -$2.5 million (2020), against an average of $6.9 million.
  • Peak annual rise in Change in Receivables reached 68589.11% in 2021, while the deepest fall reached 547.07% in 2021.
  • Kinetik Holdings' 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 soared by 77.36% to -$14.9 million in 2023, then jumped by 60.66% to -$5.8 million in 2024.
  • Business Quant data shows KNTK's Change in Receivables at -$5.8 million in Q1 2024, -$14.9 million in Q4 2023, and $49.0 million in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Receivables (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn -26.00 Mn
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn -
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - -
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn -
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn -
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn -117.00 Mn
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn -119.00 Mn
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn 194.50 Mn
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn 138.00 Mn
10 Kinetik Holdings 3.97 Bn 3.94 Bn 343.85 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