Hongli (HLP) Change in Receivables (2022 - 2024)

Hongli (HLP) recorded quarterly Change in Receivables of $6.4 million in Q2 2024, up 6.61% quarter-over-quarter from $6.0 million in Q4 2023, and down 1.0% on a YoY basis from $6.5 million in Q3 2023.

Hongli (HLP) Change in Receivables (2022 - 2024) Analysis & Trends

Hongli's Change in Receivables history runs 3 years deep, the most recent figure standing at $6.4 million for Q2 2024.

  • In Q2 2024, Change in Receivables fell 1.0% year-over-year to $6.4 million; the TTM figure through Jun 2024 stood at $6.4 million (down 1.0% YoY), while the FY2025 annual figure was $3.2 million, up 176088.56% from the prior year.
  • Change in Receivables was $6.4 million for Q2 2024 at Hongli, up from $6.0 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $7.4 million in Q4 2022 to a low of $6.0 million in Q4 2023.
  • Historically, Change in Receivables has averaged $6.6 million across 3 years, with a median of $6.4 million in 2023.
  • The sharpest annual moves came in 2023 and 2024: Change in Receivables retreated 19.06% in 2023, then retreated 1.0% in 2024.
  • A 3-year view of Change in Receivables shows it stood at $7.4 million in 2022, then fell by 19.06% to $6.0 million in 2023, then grew by 6.61% to $6.4 million in 2024.
  • The last three Change in Receivables figures came in at $6.4 million (Q2 2024), $6.0 million (Q4 2023), and $6.5 million (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Ternium 94.27 Bn 84.31 Bn 686.87 Mn -
2 Nucor 58.23 Bn 56.84 Bn 1.50 Bn 463.00 Mn
3 ArcelorMittal 51.15 Bn 48.81 Bn - -1.29 Bn
4 Steel Dynamics 38.88 Bn 38.02 Bn 763.22 Mn 373.77 Mn
5 Reliance 20.36 Bn 20.12 Bn 1.17 Bn 416.20 Mn
6 Cleveland-Cliffs 7.71 Bn 7.86 Bn -82.00 Mn 441.00 Mn
7 Algoma Steel 2.77 Bn 2.77 Bn -92.32 -
8 National Steel 2.24 Bn -552.84 Mn 479.33 Mn -84.99 Mn
9 Worthington Steel 2.07 Bn 2.07 Bn 76.10 Mn 10.20 Mn
10 Hongli 15.78 -1.89 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2024 6.41 Mn
Jun 30, 2024 6.41 Mn
Dec 31, 2023 6.01 Mn
Dec 31, 2023 6.01 Mn
Jun 30, 2023 6.48 Mn
Jun 30, 2023 6.48 Mn
Dec 31, 2022 7.43 Mn
Dec 31, 2022 7.43 Mn