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

Kinetik Holdings (KNTK) recorded quarterly Change in Receivables of -$5.8 million in Q1 2024, up 60.66% quarter-over-quarter from -$14.9 million in Q4 2023, and down 16.67% on a YoY basis from -$7.0 million in Q2 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 was -$5.8 million for Q1 2024 at Kinetik Holdings, up from -$14.9 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $69.4 million in Q1 2021 to a low of -$65.6 million in Q4 2022.
  • Historically, Change in Receivables has averaged $6.9 million across 5 years, with a median of -$2.5 million in 2020.
  • Biggest YoY gain for Change in Receivables was 68589.11% in 2021; the steepest drop was 547.07% in 2021.
  • A 5-year view of Change in Receivables shows it stood at $6.7 million in 2020, then slumped by 547.07% to -$30.1 million in 2021, then tumbled 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.
  • 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -131.00 Mn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn -
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -40.80 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 24.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 198.00 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 656.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -
10 Kinetik Holdings 3.00 Bn 7.51 Bn 221.25 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