Meritage Homes (MTH) Change in Account Payables (2010 - 2019)
Meritage Homes' (MTH) quarterly Change in Account Payables came in at $535000.0 in Q1 2019, up 279.53% year-on-year from $140963.7 in Q1 2018, and up 109.69% on a QoQ basis from -$5.5 million in Q4 2018.
Meritage Homes (MTH) Change in Account Payables (2010 - 2019) Analysis & Trends
Meritage Homes (MTH) has 10 years of Change in Account Payables data on file, last reported at $535000.0 in Q1 2019.
- On a quarterly basis, Change in Account Payables rose 279.53% year-over-year to $535000.0 in Q1 2019; TTM through Mar 2019 was -$4.6 million, a 576.14% decrease from a year earlier, with the FY2018 full-year figure at -$5.4 million, down 194.96% from the prior year.
- Change in Account Payables for Q1 2019 stood at $535000.0, up from -$5.5 million in the prior quarter.
- Over the last five years, Change in Account Payables for MTH reached as high as $6.4 million in Q1 2016 and fell as low as -$8.6 million in Q4 2016.
- Historically, Change in Account Payables has averaged -$12235.3 across 5 years, with a median of $535000.0 in 2019.
- Across the five-year window, Change in Account Payables plunged 409.43% in 2016 and jumped 279.53% in 2019, its largest moves.
- Year by year, Change in Account Payables stood at -$3.4 million in 2015, then sank by 154.87% to -$8.6 million in 2016, then surged by 37.65% to -$5.4 million in 2017, then dropped by 2.52% to -$5.5 million in 2018, then surged by 109.69% to $535000.0 in 2019.
- Per Business Quant data, the three most recent Change in Account Payables figures were $535000.0 in Q1 2019, -$5.5 million in Q4 2018, and -$3.0 million in Q3 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | - |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | - |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | - |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | - |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | - |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | - |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 4.10 Mn |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | - |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | -15.35 Mn |
| 10 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn | 34.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2019 | 535,000.00 |
| Mar 31, 2019 | 535,000.00 |
| Dec 31, 2018 | -5.52 Mn |
| Dec 31, 2018 | -5.52 Mn |
| Sep 30, 2018 | -2.97 Mn |
| Sep 30, 2018 | -2.97 Mn |
| Jun 30, 2018 | 3.37 Mn |
| Jun 30, 2018 | 3.37 Mn |
| Mar 31, 2018 | -298,000.00 |
| Mar 31, 2018 | -298,000.00 |
| Dec 31, 2017 | -5.39 Mn |
| Dec 31, 2017 | -5.39 Mn |
| Sep 30, 2017 | 3.25 Mn |
| Sep 30, 2017 | 3.25 Mn |
| Jun 30, 2017 | 3.40 Mn |
| Jun 30, 2017 | 3.40 Mn |
| Mar 31, 2017 | 4.45 Mn |
| Mar 31, 2017 | 4.45 Mn |
| Dec 31, 2016 | -8.64 Mn |
| Dec 31, 2016 | -8.64 Mn |