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Kinetik Holdings Inc   (KNTK)
Other Ticker:  
 
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 

Kinetik Holdings Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Kinetik Holdings Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 6.08, this is below the company average, and notable indication of worsening business environment. Average receivable collection period, for the Kinetik Holdings Inc in Dec 31 2023 quarter, has decreased to 60 days, compared to 67 days, in the Sep 30 2023 quarter.

If we take a look into Utilities sector 59 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1170, from overall ranking in the third quarter 2023 at 3016.

What is Receivable Turnover Ratio?
What is Kinetik Holdings Inc Selling?


What is Receivable Turnover Ratio?




KNTK Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Receivable Change 5.73 % - - - 1634.85 %
Y / Y Revenue Change 72.75 % 1.42 % -30.63 % 8.57 % 467.39 %
Receivable Turnover Ratio (TTM) 6.08 5.44 7.56 12.26 23.79
KNTK's Total Ranking # 1170 # 3016 # 3076 # 787 # 2203
Average receivable collection period 60 67 48 30 15
Seq. Receivable Change -6.44 % 27.01 % -8.79 % -2.45 % -
Seq. Revenue Change 5.62 % 11.51 % 5.4 % 39.16 % -37.99 %


Receivable Turnover Company Ranking
Within: No.
Natural Gas Utilities Industry # 27
Utilities Sector # 60
Overall Market # 1170

Receivable Turnover Ratio Statistics
High Average Low
356.14 54.87 5.44
(Sep 30 2022)   (Sep 30 2023)






Financial Statements
Kinetik Holdings Inc 's Accounts Receivable $ 216 Millions Visit KNTK's Balance sheet
Kinetik Holdings Inc 's Sales TTM $ 1,256 Millions Visit KNTK's Income Statement
Where are KNTK's Sales coming from? Visit KNTK's Sales by Geography

Other Accounts Receivable Turnover Ratios
Natural Gas Utilities Industry Accounts Receivable Turnover Trends and Statistics
Utilities Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
KNTK's Receivable Turnover Ratio versus Natural Gas Utilities Industry, Utilities Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for KNTK's Competitors
Receivables Turnover Ratio for KNTK's Suppliers
Accounts Receivables Turnover Ratio for KNTK's Customers

You may also want to know
KNTK's Growth Rates KNTK's Roa KNTK's Inventory Turnover Ratio KNTK's Dividend Comparisons
KNTK's Profitability Ratios KNTK's Roi KNTK's Asset Turnover Ratio KNTK's Dividend Growth
KNTK's Valuation Ratios KNTK's Roe KNTK's Financial Strength Ratios KNTK's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Utilities Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Allete Inc   15.03 $ 1,879.800  Millions$ 125.075  Millions
Oneok Inc   12.97 $ 17,677.000  Millions$ 1,363.000  Millions
Plains All American Pipeline Lp  12.82 $ 48,712.000  Millions$ 3,800.250  Millions
Plains Gp Holdings Lp  12.82 $ 48,712.000  Millions$ 3,800.250  Millions
Antero Midstream Corporation  12.08 $ 1,054.417  Millions$ 87.267  Millions
Ameren Corporation  12.03 $ 7,500.000  Millions$ 623.500  Millions
Duke Energy Corporation  11.64 $ 29,060.000  Millions$ 2,496.000  Millions
Northwest Natural Holding Company  11.48 $ 1,197.475  Millions$ 104.341  Millions
Rgc Resources Inc   11.03 $ 88.577  Millions$ 8.033  Millions
Enlink Midstream Llc  10.93 $ 6,900.100  Millions$ 631.275  Millions
Kinder Morgan Inc   10.77 $ 15,334.000  Millions$ 1,423.750  Millions
Idacorp Inc   10.24 $ 1,766.356  Millions$ 172.476  Millions
Stabilis Solutions Inc   10.24 $ 72.573  Millions$ 7.087  Millions
Spire Inc   9.85 $ 2,608.900  Millions$ 264.775  Millions
Berkshire Hathaway Energy Company  9.83 $ 25,602.000  Millions$ 2,603.250  Millions
Enterprise Products Partners L p   9.71 $ 69,553.100  Millions$ 7,162.700  Millions
Nisource Inc   9.45 $ 14,214.100  Millions$ 1,503.400  Millions
Usa Compression Partners Lp  9.41 $ 846.178  Millions$ 89.893  Millions
New Jersey Resources Corporation  9.14 $ 1,706.637  Millions$ 186.623  Millions
Southwest Gas Holdings Inc   9.13 $ 8,333.248  Millions$ 912.620  Millions
Energy Transfer Lp  9.00 $ 78,586.000  Millions$ 8,729.500  Millions
Pinnacle West Capital Corporation  8.87 $ 4,695.991  Millions$ 529.686  Millions
Alliant Energy Corp  8.87 $ 4,027.000  Millions$ 454.250  Millions
Mplx Lp  8.69 $ 11,281.000  Millions$ 1,297.500  Millions
Atmos Energy Corp  8.64 $ 3,949.815  Millions$ 457.406  Millions
Vistra Corp   8.56 $ 14,779.000  Millions$ 1,726.000  Millions
Nustar Energy L p   8.33 $ 1,155.567  Millions$ 138.800  Millions
Nrg Energy inc  8.18 $ 28,823.000  Millions$ 3,524.750  Millions
Archrock inc  8.17 $ 990.337  Millions$ 121.261  Millions
Eversource Energy  8.14 $ 11,910.705  Millions$ 1,463.526  Millions

Date modified: 2024-03-06T17:04:51+00:00



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