GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kinder Morgan Inc (FRA:2KD) » Definitions » Change In Receivables

Kinder Morgan (FRA:2KD) Change In Receivables : €-73 Mil (TTM As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Kinder Morgan Change In Receivables?

Kinder Morgan's change in receivables for the quarter that ended in Mar. 2024 was €146 Mil. It means Kinder Morgan's Accounts Receivable declined by €146 Mil from Dec. 2023 to Mar. 2024 .

Kinder Morgan's change in receivables for the fiscal year that ended in Dec. 2023 was €276 Mil. It means Kinder Morgan's Accounts Receivable declined by €276 Mil from Dec. 2022 to Dec. 2023 .

Kinder Morgan's Accounts Receivable for the quarter that ended in Mar. 2024 was €1,292 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 €-34,543 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.

* Premium members only.

Kinder Morgan Change In Receivables Chart

Kinder Morgan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.20 72.34 -234.53 -207.68 276.02

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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 500.62 34.15 -208.01 -45.85 146.28

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 €-73 Mil.

* 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.

Kinder Morgan  (FRA:2KD) 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
=1291.68/3534.64*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)
=109.48-35873.56+0.75 * 1291.68+0.5 * 504.16
=-34,543

* 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.

Kinder Morgan Change In Receivables Related Terms

Thank you for viewing the detailed overview of Kinder Morgan's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Kinder Morgan (FRA:2KD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kinder Morgan Inc (FRA:2KD) » Definitions » Change In Receivables
Comparable Companies
MPLX OKE LNG ET WMB CQP TRGP EPD PAA WES TSX:ENB TSX:TRP TSX:PPL MIC:TRNFP SHSE:601872 AM ENLC TSX:KEY DTM TSX:ALA
Traded in Other Exchanges
KMI:USA 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.

Kinder Morgan (FRA:2KD) Headlines

No Headlines