Hovnanian Enterprises (HOVNP) Change in Account Payables (2010 - 2023)

Hovnanian Enterprises (HOVNP) has reported Change in Account Payables for 13 consecutive years, with $14.5 million the latest figure, recorded in Q3 2023.

• For the quarter ending Q3 2023, Change in Account Payables changed N/A year-over-year to $14.5 million; the trailing twelve-month figure through Jul 2023 stood at $36.1 million (changed N/A YoY), and the FY2020 full-year result was $12.4 million, up 114.55% from the prior year.
• Change in Account Payables grew to $14.5 million in Q3 2023 per HOVNP's latest filing, from $5.3 million in the prior quarter.
• Across five years, Change in Account Payables topped out at $14.5 million in Q3 2023 and bottomed at -$4.5 million in Q4 2019.
• Historically, Change in Account Payables has averaged $4.3 million across 4 years, with a median of $5.3 million in 2023.
• The sharpest annual moves came in 2020 and 2021: Change in Account Payables plunged 725.92% in 2020, then surged 450.59% in 2021.
• Over 4 years, Change in Account Payables stood at -$4.5 million in 2019, then surged by 262.59% to $7.3 million in 2020, then increased by 23.05% to $9.0 million in 2021, then jumped by 61.56% to $14.5 million in 2023.
• According to Business Quant data, Change in Account Payables over the past three periods registered $14.5 million, $5.3 million, and $9.0 million for Q3 2023, Q2 2023, and Q1 2021 respectively.