Kinder Morgan (FRA:2KD) Accounts Payable & Accrued Expense : €1,504 Mil (As of Mar. 2024)

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What is Kinder Morgan Accounts Payable & Accrued Expense?

Kinder Morgan's quarterly accounts payable & accrued expense increased from Sep. 2023 (€1,703 Mil) to Dec. 2023 (€1,972 Mil) but then declined from Dec. 2023 (€1,972 Mil) to Mar. 2024 (€1,504 Mil).

Kinder Morgan's annual accounts payable & accrued expense increased from Dec. 2021 (€1,799 Mil) to Dec. 2022 (€2,099 Mil) but then declined from Dec. 2022 (€2,099 Mil) to Dec. 2023 (€1,972 Mil).

Kinder Morgan Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kinder Morgan's Accounts Payable & Accrued Expense 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 Accounts Payable & Accrued Expense Chart

Kinder Morgan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,723.50

1,591.39

1,799.21

2,098.51

1,972.47

Kinder Morgan Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,343.09	1,525.72	1,702.53	1,972.47	1,504.20

Kinder Morgan Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Kinder Morgan (FRA:2KD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kinder Morgan Inc (FRA:2KD) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

KMI:USA 2KD:Germany KMIC34:Brazil 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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