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| Date | Value |
|---|---|
| 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 |