Kinder Morgan (Kinder Morgan) Days Sales Outstanding : 35.53 (As of Mar. 2024)

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What is Kinder Morgan Days Sales Outstanding?

Kinder Morgan's average Accounts Receivable for the three months ended in Mar. 2024 was $1,496.00 Mil. Kinder Morgan's Revenue for the three months ended in Mar. 2024 was $3,842.00 Mil. Hence, Kinder Morgan's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.53.

The historical rank and industry rank for Kinder Morgan's Days Sales Outstanding or its related term are showing as below:

KMIpA.PFD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.91 Med: 37.67 Max: 41.68
Current: 33.9

During the past 13 years, Kinder Morgan's highest Days Sales Outstanding was 41.68. The lowest was 31.91. And the median was 37.67.

KMIpA.PFD's Days Sales Outstanding is ranked better than
70.66% of 934 companies
in the Oil & Gas industry
Industry Median: 48.845 vs KMIpA.PFD: 33.90

Kinder Morgan's Days Sales Outstanding declined from Mar. 2023 (37.09) to Mar. 2024 (35.53).

Kinder Morgan Days Sales Outstanding Historical Data

The historical data trend for Kinder Morgan's Days Sales Outstanding 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 Days Sales Outstanding Chart

Kinder Morgan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.75

41.68

31.91

32.80

40.80

Kinder Morgan Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															37.09	33.95	32.53	34.91	35.53

Competitive Comparison of Kinder Morgan's Days Sales Outstanding

For the Oil & Gas Midstream subindustry, Kinder Morgan's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Kinder Morgan's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Kinder Morgan's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kinder Morgan's Days Sales Outstanding falls into.

Kinder Morgan Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Kinder Morgan's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1840	+	1588)	/	2 )	/	15334	*	365
=	1714					/	15334	*	365
=	40.80

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

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1588	+	1404)	/	2 )	/	3842	*	365 / 4
=	1496					/	3842	*	365 / 4
=	35.53

Kinder Morgan (NYSE:KMIpA.PFD) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Kinder Morgan Days Sales Outstanding Related Terms

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Kinder Morgan (Kinder Morgan) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kinder Morgan Inc (NYSE:KMIpA.PFD) » Definitions » Days Sales Outstanding

Comparable Companies

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.