Kinetik Holdings (Kinetik Holdings) Days Inventory : 0.00 (As of Dec. 2023)

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What is Kinetik Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kinetik Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $0 Mil. Kinetik Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $214 Mil. Hence, Kinetik Holdings's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Kinetik Holdings's Days Inventory or its related term are showing as below:

KNTK's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31.41
* Ranked among companies with meaningful Days Inventory only.

Kinetik Holdings's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Kinetik Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Kinetik Holdings Days Inventory Historical Data

The historical data trend for Kinetik Holdings's Days Inventory 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.

Kinetik Holdings Days Inventory Chart

Kinetik Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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Kinetik Holdings Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial											-	-	-	-	-

Competitive Comparison of Kinetik Holdings's Days Inventory

For the Oil & Gas Midstream subindustry, Kinetik Holdings's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kinetik Holdings's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kinetik Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kinetik Holdings's Days Inventory falls into.

Kinetik Holdings Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Kinetik Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	796.707	*	365
=	0					/	796.707	*	365
=	0.00

Kinetik Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	214.336	*	365 / 4
=	0					/	214.336	*	365 / 4
=	0.00

Kinetik Holdings (NYSE:KNTK) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Kinetik Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	214.336	/	0
	=

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Kinetik Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	348.868
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Kinetik Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Kinetik Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Kinetik Holdings (Kinetik Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kinetik Holdings Inc (NYSE:KNTK) » Definitions » Days Inventory

Comparable Companies

VNOM HESM DHT NS TNK GLNG INSW LPG GEL HEP TSX:ENB EPD WMB ET LNG OKE KMI MPLX TSX:TRP CQP

Traded in Other Exchanges

N/A

Address

2700 Post Oak Boulevard, Suite 300, Houston, TX, USA, 77056-4400

Website

https://www.kinetik.com

Kinetik is a midstream operator that provides gathering and processing services to gas and oil producers as well as pipeline transportation. It operates exclusively in Texas, serving the Permian Basin and connecting fields with market hubs and other large pipelines. In addition to directly operating pipelines, Kinetik also holds ownership stakes in several pipelines that transport molecules to the Gulf Coast enabling it to obtain exposure to export markets and international demand.

Executives

Kevin S Mccarthy	director	C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Jamie Welch	director, officer: See Remarks	3738 OAK LAWN AVE., DALLAS TX 75219
Apache Corp	10 percent owner	2000 POST OAK BLVD, STE 100, HOUSTON TX 77056-4400
Trevor Howard	officer: See Remark	2700 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Todd Carpenter	officer: See Remarks	2001 BRYAN STREET, SUITE 3700, DALLAS TX 75201
Matthew Wall	officer: Executive Vice President, COO	2700 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Steven Stellato	officer: See Remarks	645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Anne Psencik	officer: Chief Strategy Officer	2700 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Jesse Krynak	director	2700 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Deborah L Byers	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Ronald Schweizer	director	2700 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Bcp Vii/bep Ii Holdings Manager L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bcp Raptor Aggregator L.p.	10 percent owner	345 PARK AVENUE, 43RD FLOOR, NEW YORK NY 10154
I Squared Capital, Llc	10 percent owner	600 BRICKELL AVENUE, PENTHOUSE, MIAMI FL 33131-3067
John-paul Munfa	director	C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154