Kinder Morgan Canada (TSX:KML.PR.C.PFD) Days Sales Outstanding : 28.01 (As of Sep. 2019)

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What is Kinder Morgan Canada Days Sales Outstanding?

Kinder Morgan Canada's average Accounts Receivable for the three months ended in Sep. 2019 was C$31.40 Mil. Kinder Morgan Canada's Revenue for the three months ended in Sep. 2019 was C$102.30 Mil. Hence, Kinder Morgan Canada's Days Sales Outstanding for the three months ended in Sep. 2019 was 28.01.

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

TSX:KML.PR.C.PFD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.7 Med: 40.53 Max: 77.24
Current: 27.83

During the past 5 years, Kinder Morgan Canada's highest Days Sales Outstanding was 77.24. The lowest was 23.70. And the median was 40.53.

TSX:KML.PR.C.PFD's Days Sales Outstanding is not ranked
in the Oil & Gas industry.
Industry Median: 48.99 vs TSX:KML.PR.C.PFD: 27.83

Kinder Morgan Canada's Days Sales Outstanding declined from Sep. 2018 (56.80) to Sep. 2019 (28.01).

Kinder Morgan Canada Days Sales Outstanding Historical Data

The historical data trend for Kinder Morgan Canada'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.

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Kinder Morgan Canada Days Sales Outstanding Chart

Kinder Morgan Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Days Sales Outstanding

56.14

90.75

49.27

23.54

Kinder Morgan Canada Quarterly Data
	Dec14	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Days Sales Outstanding	Get a 7-Day Free Trial												56.80	29.23	24.69	26.18	28.01

Competitive Comparison of Kinder Morgan Canada's Days Sales Outstanding

For the Oil & Gas Midstream subindustry, Kinder Morgan Canada'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 Canada's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

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

Kinder Morgan Canada 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 Canada's Days Sales Outstanding for the fiscal year that ended in Dec. 2018 is calculated as

	Days Sales Outstanding (A: Dec. 2018 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )	/	Revenue (A: Dec. 2018 )	*	Days in Period
=	( (23.3	+	26.2)	/	2 )	/	383.8	*	365
=	24.75					/	383.8	*	365
=	23.54

Kinder Morgan Canada's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

	Days Sales Outstanding (Q: Sep. 2019 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2019 )	+	Accounts Receivable (A: Sep. 2019 ))	/	count )	/	Revenue (A: Sep. 2019 )	*	Days in Period
=	( (31.2	+	31.6)	/	2 )	/	102.3	*	365 / 4
=	31.4					/	102.3	*	365 / 4
=	28.01

Kinder Morgan Canada (TSX:KML.PR.C.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 Canada Days Sales Outstanding Related Terms

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Kinder Morgan Canada (TSX:KML.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kinder Morgan Canada Ltd (TSX:KML.PR.C.PFD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 - 5th Avenue S.W., Suite 2700, Calgary, AB, CAN, T2P 5J2

Website

http://www.kindermorgancanadaltd.com

Kinder Morgan Canada Ltd operates as an integrated network of pipeline systems and terminal facilities in Canada. The business activities are carried out through two segments namely Pipelines and Terminals. The Pipelines business unit is composed of the Trans Mountain pipeline system, the Canadian portion of the Cochin pipeline system, the Puget Sound pipeline system, and the Jet Fuel pipeline system. The Terminals business unit is composed of the Vancouver Wharves terminal in British Columbia and numerous terminals in Edmonton, Alberta. Geographically the business presence of the firm is spread across the US and Canada.

Kinder Morgan Canada (TSX:KML.PR.C.PFD) Headlines

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