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Calumet Specialty Products Partners LP (Calumet Specialty Products Partners LP) Cash Flow from Investing : $-272 Mil (TTM As of Dec. 2023)


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What is Calumet Specialty Products Partners LP Cash Flow from Investing?

Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).

For the three months ended in Dec. 2023, Calumet Specialty Products Partners LP spent $32 Mil on purchasing property, plant, equipment. It gained $0 Mil from selling property, plant, and equipment. It spent $0 Mil on purchasing business. It gained $0 Mil from selling business. It spent $0 Mil on purchasing investments. It gained $0 Mil from selling investments. It paid $0Mil for net Intangibles purchase and sale. And it paid $0 Mil for other investing activities. In all, Calumet Specialty Products Partners LP spent $32 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Dec. 2023.


Calumet Specialty Products Partners LP Cash Flow from Investing Historical Data

The historical data trend for Calumet Specialty Products Partners LP's Cash Flow from Investing 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.

Calumet Specialty Products Partners LP Cash Flow from Investing Chart

Calumet Specialty Products Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Flow from Investing
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.50 -46.30 -82.80 -536.00 -271.80

Calumet Specialty Products Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash Flow from Investing Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -159.90 -130.40 -77.80 -32.10 -31.50

Calumet Specialty Products Partners LP Cash Flow from Investing Calculation

Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).

If a company spends cash on property, plant and equipment (PPE), this will reduce their cash position. This is called Capital Expenditures (CPEX).

Likewise, if a company buys another company for cash, this will reduce their cash position.

Calumet Specialty Products Partners LP's Cash Flow from Investing for the fiscal year that ended in Dec. 2023 is calculated as:

Calumet Specialty Products Partners LP's Cash Flow from Investing for the quarter that ended in Dec. 2023 is calculated as:


Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-272 Mil.

* 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.


Calumet Specialty Products Partners LP  (NAS:CLMT) Cash Flow from Investing Explanation

Cash flow from investing contains nine items:

1. Purchase Of Property, Plant, Equipment:
Purchase of PPE indicates the amount used to purchase property, plant, and equipment.

Calumet Specialty Products Partners LP's purchase of property, plant, equipment for the three months ended in Dec. 2023 was $-32 Mil. It means Calumet Specialty Products Partners LP spent $32 Mil on purchasing property, plant, equipment.

In the capital spending for property, plant and equipment (PPE), some part of spending may be from the expansion of business. The business needs more property, plant and equipment (PPE) as it grows. Another part may be from replacement of the property, plant and equipment (PPE) of existing business. For some companies, the cash spent on replacing of the property, plant and equipment (PPE) of the existing business will be close to the depreciation of property, plant and equipment (PPE) reported in the income statement.

In Warren Buffett's definition of Owner's Earnings, he deducts the estimate of the cost of replacing the property, plant and equipment (PPE) of the existing business from cash flow from operations. The cash spent on the new property, plant, and equipment is not deducted. The reason is because these are not costs of the existing business. In his 1986 letter to shareholders, Warren Buffett wrote this about owner earnings:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume....Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

2. Sale Of Property, Plant, Equipment:
Sale of PPE indicates the amount gained from selling property, plant, and equipment.

Calumet Specialty Products Partners LP's sale of property, plant, equipment for the three months ended in Dec. 2023 was $0 Mil. It means Calumet Specialty Products Partners LP gained $0 Mil from selling property, plant, and equipment.

3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.

Calumet Specialty Products Partners LP's purchase of business for the three months ended in Dec. 2023 was $0 Mil. It means Calumet Specialty Products Partners LP spent $0 Mil on purchasing business.

4. Sale Of Business:
Sale of business indicates the amount gained from selling business.

Calumet Specialty Products Partners LP's sale of business for the three months ended in Dec. 2023 was $0 Mil. It means Calumet Specialty Products Partners LP gained $0 Mil from selling business.

5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.

Calumet Specialty Products Partners LP's purchase of investment for the three months ended in Dec. 2023 was $0 Mil. It means Calumet Specialty Products Partners LP spent {stock_data.stock.currency_symbol}}0 Mil on purchasing investments.

6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.

Calumet Specialty Products Partners LP's sale of investment for the three months ended in Dec. 2023 was $0 Mil. It means Calumet Specialty Products Partners LP gained $0 Mil from selling investments.

7. Net Intangibles Purchase And Sale:
Net Intangibles purchase and sale means the net cash inflow received by a company that comes from the purchase and sale of intangibles. It equals the cash received from sale of intangibles minus the cash spent on purchasing intangibles.

Calumet Specialty Products Partners LP's net Intangibles purchase and sale for the three months ended in Dec. 2023 was $0 Mil. It means Calumet Specialty Products Partners LP paid $0 Mil for net Intangibles purchase and sale.

8. Cash From Discontinued Investing Activities:
Cash from discontinued investing activities means the cash received by a company that comes from the discontinued investing activities.

Calumet Specialty Products Partners LP's cash from discontinued investing activities for the three months ended in Dec. 2023 was 0 Mil. It means Calumet Specialty Products Partners LP paid $0 Mil for discontinued investing activities.

9. Cash From Other Investing Activities:
Cash from other investing activities means the cash received by a company that comes from other investing activities.

Calumet Specialty Products Partners LP's cash from other investing activities for the three months ended in Dec. 2023 was $0 Mil. It means Calumet Specialty Products Partners LP paid $0 Mil for other investing activities.


Calumet Specialty Products Partners LP Cash Flow from Investing Related Terms

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Calumet Specialty Products Partners LP (Calumet Specialty Products Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
2780 Waterfront Parkway East Drive, Suite 200, Indianapolis, IN, USA, 46214
Calumet Specialty Products Partners LP is an independent producer of specialty hydrocarbon products in North America. The company operates through three segments namely Specialty Products and Solutions segment manufacture and market solvents, waxes, customized lubricating oils, white oils, petrolatum's, gels, esters, and other products. In Performance Brands segment, the company blend, package and market high performance products through its Royal Purple, Bel-Ray, and TruFuel brands. The Montana/Renewables segment is comprised of two businesses - renewable diesel and specialty asphalt. The Corporate segment primarily consists of general and administrative expenses not allocated to the Specialty Products and Solutions, Performance Brands or Montana/Renewables segments.
Executives
Stephen P Mawer director 2780 WATERFRONT PKWY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
John G. Boss director 260 HUDSON RIVER ROAD, WATERFORD NY 12188
Ryan Willman officer: Chief Accounting Officer 2780 WATERFRONT PKWY E. DR., STE. 200, INDIANAPOLIS IN 46214
Scott Obermeier officer: EVP - Commercial 2780 WATERFRONT PARKWAY, E. DRIVE, INDIANAPOLIS IN 46214
Daniel J Sajkowski director 5400 WEST 86TH STREET, INDIANAPOLIS IN 46268
James S Carter director 2780 WATERFRONT PKWY. E. DRIVE, SUITE 200, INDIANPOLIS IN 46214
Louis Todd Borgmann officer: SVP and Interim CFO 2780 WATERFRONT PARKWAY, E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Karen A. Twitchell director 9 COURTLANDT PLACE, HOUSTON TX 77006
Marc Lawn officer: EVP - Performance Brands 2780 WATERFRONT PKWY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Paul C Raymond director HERCULES PLAZA, 1313 N MARKET STREET, WILMINGTON DE 19894
Vincent Donargo officer: Chief Accounting Officer ONE CELADON DRIVE, 9503 E. 33RD STREET, INDIANAPOLIS IN 46235
H. Keith Jennings officer: Chief Financial Officer 2000 ST. JAMES PLACE, HOUSTON TX 77056
A Anderson William officer: VP - Sales and Marketing 2780 WATERFRONT PARKWAY E. DRIVE,, SUITE 200, INDIANAPOLIS IN 46214
Daniel L Sheets director 29400 LAKELAND BOULEVARD, WICKLIFFE OH 44092
David West Griffin officer: EVP and CFO 2780 WATERFRONT PARKWAY E. DRIVE, SUITE 200, INDIANAPOLIS IN 46214