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| Date | Value |
|---|---|
| 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 |