Kinetik Holdings (KNTK) Inventory Average (2019 - 2021)
Kinetik Holdings' (KNTK) quarterly Inventory Average came in at $3.1 million in Q4 2021, down 13.97% year-on-year from $3.6 million in Q4 2020, and down 7.17% quarter-over-quarter from $3.4 million in Q3 2021.
Kinetik Holdings (KNTK) Inventory Average (2019 - 2021) Analysis & Trends
Kinetik Holdings' Inventory Average history runs 3 years deep, the most recent figure standing at $3.1 million for Q4 2021.
- On a quarterly basis, Inventory Average fell 13.97% year-over-year to $3.1 million in Q4 2021; TTM through Dec 2021 was $3.1 million, a 13.97% decrease from a year earlier, with the FY2021 full-year figure at $3.3 million, down 14.02% from the prior year.
- Inventory Average retreated to $3.1 million in Q4 2021 per KNTK's latest filing, from $3.4 million in the prior quarter.
- Across five years, Inventory Average topped out at $10.7 million in Q3 2019 and bottomed at $3.1 million in Q4 2021.
- The 3-year median for Inventory Average is $3.9 million (2020), against an average of $5.1 million.
- Across the five-year window, Inventory Average sank 65.38% in 2020 and slipped 8.13% in 2021, its largest moves.
- Year by year, Inventory Average stood at $9.6 million in 2019, then plunged by 62.21% to $3.6 million in 2020, then decreased by 13.97% to $3.1 million in 2021.
- Per Business Quant, the three latest KNTK Inventory Average figures stand at $3.1 million (Q4 2021), $3.4 million (Q3 2021), and $3.7 million (Q2 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 27.46 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 7.66 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 579.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.25 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 4.56 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 584.48 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 4.71 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 381.85 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.04 Bn |
| 10 | Kinetik Holdings | 3.41 Bn | 3.40 Bn | 339.68 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 3.12 Mn |
| Sep 30, 2021 | 3.36 Mn |
| Jun 30, 2021 | 3.67 Mn |
| Mar 31, 2021 | 3.74 Mn |
| Dec 31, 2020 | 3.63 Mn |
| Sep 30, 2020 | 3.72 Mn |
| Jun 30, 2020 | 3.99 Mn |
| Mar 31, 2020 | 4.12 Mn |
| Dec 31, 2019 | 9.60 Mn |
| Sep 30, 2019 | 10.73 Mn |
| Jun 30, 2019 | 6.11 Mn |
| Mar 31, 2019 | 5.87 Mn |