Days Inventory is also known as Days Sales of Inventory (DSI). Kinder Morgan's Average Total Inventories for the
three
months ended in Sep. 2024 was $532 Mil. Kinder Morgan's Cost of Goods Sold for the
three
months ended in Sep. 2024 was $1,611 Mil.
Hence, Kinder Morgan's Days Inventory for the
three
months ended in Sep. 2024 was 30.11.
The historical rank and industry rank for Kinder Morgan's Days Inventory or its related term are showing as below:
LTS:0JR2'
s Days Inventory Range Over the Past 10 Years
Min: 19.08 Med: 23.15 Max: 29.43
Current: 29.12
During the past 13 years, Kinder Morgan's highest Days Inventory was 29.43. The lowest was 19.08. And the median was 23.15.
LTS:0JR2's Days Inventory is ranked better than 52.98% of 704
companies
in the Oil & Gas industry
Industry Median: 31.715
vs LTS:0JR2: 29.12
Kinder Morgan's Days Inventory
increased
from Sep. 2023 (26.32) to Sep. 2024 (30.11).
It might indicate that Kinder Morgan's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kinder Morgan's Inventory Turnover for the
three
months ended in Sep. 2024 was 3.03.
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
three
months ended in Sep. 2024 was 0.14.
Kinder Morgan Days Inventory Historical Data
The historical data trend for Kinder Morgan'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.
Competitive Comparison of Kinder Morgan's Days Inventory
For the Oil & Gas Midstream subindustry, Kinder Morgan'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.
Kinder Morgan's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kinder Morgan's Days Inventory distribution charts can be found below:
* The bar in red indicates where Kinder Morgan's Days Inventory falls into.
Kinder Morgan Days Inventory Calculation
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 fiscal year that ended in Dec. 2023 is calculated as
* 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 (LTS:0JR2) 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.
Kinder Morgan's Inventory Turnover for the
three
months ended in Sep. 2024 is calculated as
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.
Kinder Morgan's Inventory to Revenue for the
three
months ended in Sep. 2024 is calculated as
* 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.
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.
Kinder Morgan Days Inventory Related Terms
Thank you for viewing the detailed overview of Kinder Morgan's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 82,000 miles in pipelines and 139 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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