GreenTree Hospitality (GHG) Change in Working Capital (2020 - 2023)
GreenTree Hospitality (GHG) posted quarterly Change in Working Capital of -$28.8 million for Q4 2023, up 23.24% year-over-year from -$23.4 million in Q4 2022, and down 232.04% quarter-over-quarter from -$8.7 million in Q3 2023.
GreenTree Hospitality (GHG) Change in Working Capital (2020 - 2023) Analysis & Trends
GreenTree Hospitality's Change in Working Capital history runs 3 years deep, the most recent figure standing at -$28.8 million for Q4 2023.
- In Q4 2023, Change in Working Capital rose 23.24% year-over-year to -$28.8 million; the TTM figure through Dec 2023 stood at -$50.6 million (changed N/A YoY), while the FY2023 annual figure was -$44.3 million, up 13.53% from the prior year.
- Change in Working Capital for Q4 2023 stood at -$28.8 million, down from -$8.7 million in the prior quarter.
- The five-year high for Change in Working Capital was $301353.0 in Q3 2020, with the low at -$37.5 million in Q4 2022.
- The 3-year median for Change in Working Capital is -$8.7 million (2023), against an average of -$12.7 million.
- Peak annual rise in Change in Working Capital reached 23.24% in 2023, while the deepest fall reached 748.64% in 2023.
- GreenTree Hospitality's Change in Working Capital stood at $301353.0 in 2020, then sank by 12541.96% to -$37.5 million in 2022, then grew by 23.24% to -$28.8 million in 2023.
- Business Quant data shows GHG's Change in Working Capital at -$28.8 million in Q4 2023, -$8.7 million in Q3 2023, and -$12.3 million in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.02 Bn | 92.56 Bn | 1.97 Bn | -42.00 Mn |
| 2 | Hilton Worldwide Holdings | 73.87 Bn | 72.89 Bn | 3.08 Bn | - |
| 3 | Hyatt Hotels | 17.07 Bn | 16.78 Bn | 809.00 Mn | - |
| 4 | H World | 12.87 Bn | 11.09 Bn | 337.97 Mn | -12.00 Mn |
| 5 | Atour Lifestyle Holdings | 8.56 Bn | -826.02 Bn | 242.81 Mn | - |
| 6 | Wyndham Hotels & Resorts | 5.47 Bn | 5.40 Bn | 349.00 Mn | - |
| 7 | Choice Hotels International | 4.72 Bn | 4.68 Bn | 243.10 Mn | - |
| 8 | Civeo | 364.78 Mn | 344.17 Mn | 41.41 Mn | - |
| 9 | Intercontinental Hotels | 115.49 Mn | -4.73 Bn | - | -76.00 Mn |
| 10 | GreenTree Hospitality | 112.00 Mn | 4,368.01 Bn | 32.55 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -28.78 Mn |
| Dec 31, 2023 | -28.78 Mn |
| Sep 30, 2023 | -8.67 Mn |
| Sep 30, 2023 | -8.67 Mn |
| Jun 30, 2023 | -12.31 Mn |
| Jun 30, 2023 | -12.31 Mn |
| Mar 31, 2023 | -889,343.04 |
| Mar 31, 2023 | -889,343.04 |
| Dec 31, 2022 | -37.49 Mn |
| Dec 31, 2022 | -37.49 Mn |
| Sep 30, 2022 | -1.02 Mn |
| Sep 30, 2022 | -1.02 Mn |
| Sep 30, 2020 | 301,353.00 |
| Sep 30, 2020 | 301,353.00 |