Target Change Receivables from 2010 to 2024

TH Stock  USD 9.62  0.08  0.84%   
Target Hospitality's Change Receivables is decreasing with slightly volatile movements from year to year. Change Receivables is estimated to finish at about -11.7 M this year. Change Receivables is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. View All Fundamentals
 
Change Receivables  
First Reported
2010-12-31
Previous Quarter
-12.3 M
Current Value
-11.7 M
Quarterly Volatility
12.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Target Hospitality financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Target Hospitality's main balance sheet or income statement drivers, such as Interest Expense of 27.4 M, Selling General Administrative of 43.6 M or Total Revenue of 333.8 M, as well as many indicators such as Price To Sales Ratio of 2.11, Dividend Yield of 0.0497 or PTB Ratio of 2.48. Target financial statements analysis is a perfect complement when working with Target Hospitality Valuation or Volatility modules.
  
Check out the analysis of Target Hospitality Correlation against competitors.

Latest Target Hospitality's Change Receivables Growth Pattern

Below is the plot of the Change Receivables of Target Hospitality Corp over the last few years. It is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. Target Hospitality's Change Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Target Hospitality's overall financial position and show how it may be relating to other accounts over time.
Change Receivables10 Years Trend
Slightly volatile
   Change Receivables   
       Timeline  

Target Change Receivables Regression Statistics

Arithmetic Mean9,142,103
Geometric Mean12,664,420
Coefficient Of Variation131.88
Mean Deviation10,039,183
Median15,987,000
Standard Deviation12,056,804
Sample Variance145.4T
Range29.7M
R-Value(0.77)
Mean Square Error64.1T
R-Squared0.59
Significance0.0008
Slope(2,071,691)
Total Sum of Squares2035.1T

Target Change Receivables History

2024-11.7 M
2023-12.3 M
2022-13.7 M
2021-1 M

About Target Hospitality Financial Statements

Investors use fundamental indicators, such as Target Hospitality's Change Receivables, to determine how well the company is positioned to perform in the future. Although Target Hospitality's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Change Receivables-12.3 M-11.7 M

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Check out the analysis of Target Hospitality Correlation against competitors.
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Is Hotels, Resorts & Cruise Lines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Target Hospitality. If investors know Target will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Target Hospitality listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.54)
Earnings Share
0.87
Revenue Per Share
4.256
Quarterly Revenue Growth
(0.35)
Return On Assets
0.1237
The market value of Target Hospitality Corp is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Target Hospitality's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Target Hospitality's market value can be influenced by many factors that don't directly affect Target Hospitality's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Target Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target Hospitality's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.