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Kodiak Gas Services (Kodiak Gas Services) Change In Receivables : $-49.2 Mil (TTM As of Mar. 2024)


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What is Kodiak Gas Services Change In Receivables?

Kodiak Gas Services's change in receivables for the quarter that ended in Mar. 2024 was $-31.0 Mil. It means Kodiak Gas Services's Accounts Receivable increased by $31.0 Mil from Dec. 2023 to Mar. 2024 .

Kodiak Gas Services's change in receivables for the fiscal year that ended in Dec. 2023 was $-36.6 Mil. It means Kodiak Gas Services's Accounts Receivable increased by $36.6 Mil from Dec. 2022 to Dec. 2023 .

Kodiak Gas Services's Accounts Receivable for the quarter that ended in Mar. 2024 was $143.2 Mil.

Days Sales Outstanding measures of 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. Kodiak Gas Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kodiak Gas Services's liquidation value for the three months ended in Mar. 2024 was $-2,013.3 Mil.


Kodiak Gas Services Change In Receivables Historical Data

The historical data trend for Kodiak Gas Services's Change In Receivables 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.

Kodiak Gas Services Change In Receivables Chart

Kodiak Gas Services Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
-14.94 -20.44 -36.61

Kodiak Gas Services Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.43 -4.23 -4.76 -9.19 -31.04

Kodiak Gas Services Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-49.2 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.


Kodiak Gas Services  (NYSE:KGS) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.

Kodiak Gas Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=143.237/215.492*91
=60.65

2. In Ben Graham's calculation of liquidation value, Kodiak Gas Services's accounts receivable are only considered to be worth 75% of book value:

Kodiak Gas Services's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=9.306-2171.458+0.75 * 143.237+0.5 * 82.906
=-2,013.3

* 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.


Kodiak Gas Services Change In Receivables Related Terms

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Kodiak Gas Services (Kodiak Gas Services) Business Description

Traded in Other Exchanges
Address
15320 Highway 105 W, Suite 210, Montgomery, TX, USA, 77356
Kodiak Gas Services Inc is an operator of contract compression infrastructure in the United States. It manages business through two operating segments namely Compression Operations and Other Services. Compression Operations consist of operating company-owned and customer-owned compression infrastructure for customers, pursuant to fixed-revenue contracts to enable the production, gathering and transportation of natural gas and oil. Other Services consist of a full range of contract services to support the needs our customers, including station construction, maintenance and overhaul and other ancillary time and material-based offerings.
Executives
Terry Bonno director 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Robert Michael Mckee director, officer: See Remarks C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Margaret C Montana director 910 LOUISIANA STREET, HOUSTON TX 77002
Ewan William Hamilton officer: See Remarks C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Nirav Kush Shah director C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Christopher Drumgoole director C/O DXC TECHNOLOGY COMPANY, 1775 TYSONS BOOULEVARD, TYSONS VA 22102
Roclawski Cory Anne officer: See Remarks C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Kelly Michelle Battle officer: See Remarks C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Jon-al Duplantier director C/O PARKER DRILLING COMPANY, 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
John Griggs officer: See Remarks C/O RUBICON, 7850 NORTH SAM HOUSTON PARKWAY WEST, HOUSTON TX 77064
William Chad Lenamon officer: See Remarks C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356
Randall J Hogan director 5500 WAYZATA BLVD., SUITE 600, GOLDEN VALLEY MN 55416
Eqt Fund Management S.a R.l. 10 percent owner 51A BOULEVARD ROYAL, LUXEMBOURG N4 L-2449
Frontier Topco Partnership, L.p. 10 percent owner 26A, BOULEVARD ROYAL, LUXEMBOURG N4 L-2449
Teresa Maria Mattamouros director C/O KODIAK GAS SERVICES, INC., 15320 HIGHWAY 105 W, SUITE 210, MONTGOMERY TX 77356