Kinder Morgan Inc (KMI)

Working capital turnover

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	15,334,000	15,875,000	17,145,000	18,795,000	19,200,000	19,046,000	17,693,000	15,692,000	16,610,000	15,300,000	14,395,000	13,805,000	11,700,000	11,937,000	12,232,000	12,886,000	13,209,000	13,638,000	13,941,000	14,155,000
Total current assets	US$ in thousands	2,542,000	2,433,000	2,718,000	2,696,000	3,803,000	3,819,000	3,608,000	3,033,000	3,829,000	2,686,000	4,283,000	3,734,000	3,203,000	2,672,000	2,490,000	3,096,000	3,238,000	2,365,000	2,300,000	2,262,000
Total current liabilities	US$ in thousands	7,221,000	6,251,000	5,603,000	4,775,000	6,930,000	6,148,000	6,892,000	6,450,000	5,821,000	5,825,000	5,059,000	4,618,000	5,074,000	4,376,000	5,202,000	5,608,000	5,100,000	13,726,000	5,659,000	5,009,000
Working capital turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $15,334,000K ÷ ($2,542,000K – $7,221,000K)
= —

As per the provided data, the working capital turnover ratio for Kinder Morgan Inc is not available for all the quarters listed. This ratio measures how efficiently a company is utilizing its working capital to generate sales revenue. Without the specific values, it is difficult to analyze the trend or assess the company's ability to effectively manage its working capital in relation to its sales. To derive valuable insights and evaluate the company's operational efficiency, it is essential to have the missing data points in order to calculate and analyze the working capital turnover ratio over time.