Forestar (FOR) Change in Receivables (2010 - 2018)
Forestar's (FOR) quarterly Change in Receivables came in at -$1.5 million in Q2 2018, up 45.47% on a YoY basis from -$1.1 million in Q2 2017, and down 29.24% quarter-over-quarter from -$1.2 million in Q1 2018.
Analysis
Forestar (FOR) Change in Receivables (2010 - 2018) Analysis & Trends
Forestar (FOR) has reported Change in Receivables for 9 consecutive years, with -$1.5 million the latest figure, recorded in Q2 2018.
- For the quarter ending Q2 2018, Change in Receivables rose 45.47% year-over-year to -$1.5 million; the trailing twelve-month figure through Jun 2018 stood at -$4.5 million (down 195.66% YoY), and the FY2017 full-year result was -$2.7 million, up 79.67% from the prior year.
- Change in Receivables fell to -$1.5 million in Q2 2018 per FOR's latest filing, from -$1.2 million in the prior quarter.
- Across five years, Change in Receivables topped out at $14.2 million in Q2 2014 and bottomed at -$17.0 million in Q4 2014.
- Historically, Change in Receivables has averaged -$1.6 million across 5 years, with a median of -$1.4 million in 2015.
- The widest YoY moves for Change in Receivables: up 579.81% in 2014, down 1055.99% in 2014.
- Over 5 years, Change in Receivables stood at -$17.0 million in 2014, then surged by 161.0% to $10.4 million in 2015, then dropped by 27.5% to $7.5 million in 2016, then plunged by 189.06% to -$6.7 million in 2017, then surged by 76.9% to -$1.5 million in 2018.
- According to Business Quant data, Change in Receivables over the past three periods registered -$1.5 million, -$1.2 million, and -$6.7 million for Q2 2018, Q1 2018, and Q4 2017 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Millrose Properties | 4.92 Bn | 4.92 Bn | - | - |
| 2 | St Joe | 3.65 Bn | 3.53 Bn | 73.42 Mn | - |
| 3 | Forestar | 1.35 Bn | 959.54 Mn | 84.10 Mn | - |
| 4 | Five Point Holdings | 740.43 Mn | 391.06 Mn | -23.72 Mn | - |
| 5 | Tejon Ranch | 434.77 Mn | 419.71 Mn | - | - |
| 6 | Maui Land & Pineapple | 320.89 Mn | 320.89 Mn | 2.37 Mn | - |
| 7 | Stratus Properties | 149.69 Mn | 149.69 Mn | -1.91 Mn | - |
| 8 | Global Asset Management | 90.87 Mn | 90.80 Mn | 3,274.00 | - |
| 9 | Kaanapali Land | 57.36 Mn | 19.41 Mn | -406,000.00 | - |
| 10 | Alset | 44.73 Mn | 24.99 Mn | 83,877.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2018 | -1.55 Mn |
| Mar 31, 2018 | -1.20 Mn |
| Dec 31, 2017 | -6.70 Mn |
| Sep 30, 2017 | 4.92 Mn |
| Jun 30, 2017 | -2.84 Mn |
| Mar 31, 2017 | 1.93 Mn |
| Dec 31, 2016 | 7.52 Mn |
| Sep 30, 2016 | -1.89 Mn |
| Jun 30, 2016 | -4.87 Mn |
| Mar 31, 2016 | -13.98 Mn |
| Dec 31, 2015 | 10.37 Mn |
| Sep 30, 2015 | -1.25 Mn |
| Jun 30, 2015 | -1.13 Mn |
| Mar 31, 2015 | -7.02 Mn |
| Dec 31, 2014 | -17.00 Mn |
| Sep 30, 2014 | -509,000.00 |
| Jun 30, 2014 | 14.24 Mn |
| Mar 31, 2014 | -7.43 Mn |
| Dec 31, 2013 | 3.32 Mn |
| Sep 30, 2013 | -908,000.00 |