Hagerty (HGTY) Payables (2020 - 2022)

Hagerty (HGTY) posted Payables of $16.3 million for Q4 2022, down 38.26% sequentially from $26.4 million in Q3 2022, and up 79.24% YoY from $9.1 million in Q4 2021.

Hagerty (HGTY) Payables (2020 - 2022) Analysis & Trends

Hagerty has reported Payables for 3 years, with the latest figure at $16.3 million in Q4 2022.

  • Quarterly Payables rose 79.24% year-over-year to $16.3 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $16.3 million (up 79.24% YoY) and the FY2022 annual result came in at $16.3 million, up 79.24% from the prior year.
  • Payables slipped to $16.3 million in Q4 2022 per HGTY's latest filing, from $26.4 million in the prior quarter.
  • Over five years, Payables peaked at $26.4 million in Q3 2022 and troughed at $86470.0 in Q3 2021.
  • A 3-year average of $9.4 million and a median of $9.7 million in 2022 frame the typical range for Payables.
  • The sharpest annual moves came in 2021 and 2022: Payables dropped 21.32% in 2021, then soared 30400.75% in 2022.
  • Over 3 years, Payables stood at $11.5 million in 2020, then dropped by 21.32% to $9.1 million in 2021, then soared by 79.24% to $16.3 million in 2022.
  • According to Business Quant data, Payables over the past three periods registered $16.3 million, $26.4 million, and $11.2 million for Q4 2022, Q3 2022, and Q2 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Chubb 134.48 Bn 120.72 Bn 9.13 Bn 10.73 Bn
2 Progressive 123.71 Bn 118.71 Bn 9.04 Bn 9.24 Bn
3 Travelers Companies 79.14 Bn 55.39 Bn 4.83 Bn -
4 Allstate 67.04 Bn 28.31 Bn 16.28 Bn -
5 Fairfax Financial Holdings 35.29 Bn 35.29 Bn - 6.49 Bn
6 Cincinnati Financial 26.69 Bn 24.80 Bn 2.39 Bn -
7 Loews 23.25 Bn 947.16 Mn 2.57 Bn 174.00 Mn
8 Markel 23.10 Bn 6.22 Bn 2.83 Bn -
9 Assurant 13.92 Bn 11.89 Bn 2.71 Bn 3.60 Bn
10 Hagerty 1.30 Bn 1.00 Bn 244.11 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2022 16.28 Mn
Sep 30, 2022 26.37 Mn
Jun 30, 2022 11.23 Mn
Mar 31, 2022 9.73 Mn
Dec 31, 2021 9.08 Mn
Sep 30, 2021 86,470.00
Jun 30, 2021 110,437.00
Mar 31, 2021 251,470.00
Dec 31, 2020 11.55 Mn