Kinder Morgan (BSP:KMIC34) Change In Inventory : R$406 Mil (TTM As of Mar. 2024)

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What is Kinder Morgan Change In Inventory?

Kinder Morgan's change in inventory for the quarter that ended in Mar. 2024 was R$-85 Mil. It means Kinder Morgan's inventory increased by R$85 Mil from Dec. 2023 to Mar. 2024 .

Kinder Morgan's change in inventory for the fiscal year that ended in Dec. 2023 was R$921 Mil. It means Kinder Morgan's inventory declined by R$921 Mil from Dec. 2022 to Dec. 2023 .

Kinder Morgan's Total Inventories for the quarter that ended in Mar. 2024 was R$2,729 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kinder Morgan's Days Inventory for the quarter that ended in Mar. 2024 was 28.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kinder Morgan's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.18.

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. Kinder Morgan's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.14.

Kinder Morgan Change In Inventory Historical Data

The historical data trend for Kinder Morgan's Change In 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.

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Kinder Morgan Change In Inventory Chart

Kinder Morgan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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16.42

82.32

-1,142.29

-959.91

921.16

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 Inventory	Get a 7-Day Free Trial															458.36	63.10	143.22	284.19	-84.66

Kinder Morgan Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory 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 R$406 Mil.

Kinder Morgan (BSP:KMIC34) Change In Inventory Explanation

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

Kinder Morgan's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2650.6625	/	8435.782	*	365 / 4
	=	28.67

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

Kinder Morgan's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8435.782	/	2650.6625
	=	3.18

3. 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.

Kinder Morgan's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2650.6625	/	19132.392
	=	0.14

Kinder Morgan Change In Inventory Related Terms

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Kinder Morgan (BSP:KMIC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kinder Morgan Inc (BSP:KMIC34) » Definitions » Change In Inventory

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KMI:USA 2KD:Germany 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.

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