Kinder Morgan (Kinder Morgan) Change In Receivables : $-76 Mil (TTM As of Mar. 2024)

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What is Kinder Morgan Change In Receivables?

Kinder Morgan's change in receivables for the quarter that ended in Mar. 2024 was $159 Mil. It means Kinder Morgan's Accounts Receivable declined by $159 Mil from Dec. 2023 to Mar. 2024 .

Kinder Morgan's change in receivables for the fiscal year that ended in Dec. 2023 was $301 Mil. It means Kinder Morgan's Accounts Receivable declined by $301 Mil from Dec. 2022 to Dec. 2023 .

Kinder Morgan's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,404 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Kinder Morgan's Days Sales Outstanding for the three months ended in Mar. 2024 was 33.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kinder Morgan's liquidation value for the three months ended in Mar. 2024 was $-37,547 Mil.

Kinder Morgan Change In Receivables Historical Data

The historical data trend for Kinder Morgan's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kinder Morgan Change In Receivables Chart

Kinder Morgan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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98.00

88.00

-265.00

-220.00

301.00

Kinder Morgan Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															536.00	37.00	-222.00	-50.00	159.00

Kinder Morgan Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-76 Mil.

Kinder Morgan (NYSE:KMI) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Kinder Morgan's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1404	/	3842	*	91
=	33.35

2. In Ben Graham's calculation of liquidation value, Kinder Morgan's accounts receivable are only considered to be worth 75% of book value:

Kinder Morgan's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	119	-	38993	+	0.75 * 1404	+	0.5 * 548
=	-37,547

Kinder Morgan Change In Receivables Related Terms

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Kinder Morgan (Kinder Morgan) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kinder Morgan Inc (NYSE:KMI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

2KD:Germany 2KD:Germany KMIC34:Brazil KMI:Austria

Address

1001 Louisiana Street, Suite 1000, Houston, TX, USA, 77002

Website

https://www.kindermorgan.com

Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 83,000 miles in pipelines and 140 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.

Executives

John W Schlosser	officer: V.P. (President, Terminals)	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Dax Sanders	officer: V.P., Corporate Development	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Denise R Mathews	officer: VP, Human Resources/Admin/IT	1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Sital K Mody	officer: V.P. (Pres.,Nat Gas Pipelines)	1001 LOUISIANA STREET SUITE 1000, HOUSTON TX 77002
Anthony B Ashley	officer: VP (President, CO2 and ETV)	1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Jesse Arenivas	officer: VP(President, CO2)	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Deborah Macdonald	director	KINDER MORGAN, INC., 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Gary Hultquist	director	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Robert F Vagt	director	5300 MEMORIAL DR, STE 800, HOUSTON TX 77007
Thomas A Martin	officer: VP (Pres., Natural Gas Pipeln)	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
William A Smith	director	KINDER MORGAN, 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Richard D Kinder	director, officer: Chairman & CEO	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Perry M Waughtal	director	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Kevin P Grahmann	officer: V.P., Corporate Development	1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Steven J Kean	director, officer: Exec VP & COO	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002