Meritage Homes (MTH) Change in Account Payables (2010 - 2019)
Meritage Homes (MTH) posted quarterly Change in Account Payables of $535000.0 for Q1 2019, up 279.53% year-over-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 has reported Change in Account Payables for 10 years, with the latest figure at $535000.0 in Q1 2019.
- Change in Account Payables for Q1 2019 came in at $535000.0, up 279.53% year-over-year; the trailing twelve-month figure through Mar 2019 was -$4.6 million (down 576.14% YoY), and the FY2018 annual result was -$5.4 million, down 194.96% from the prior year.
- Change in Account Payables rose to $535000.0 in Q1 2019, from -$5.5 million in the prior quarter.
- Over five years, Change in Account Payables peaked at $6.4 million in Q1 2016 and troughed at -$8.6 million in Q4 2016.
- A 5-year average of -$12235.3 and a median of $535000.0 in 2019 frame the typical range for Change in Account Payables.
- The widest annual swing landed in 2016, when Change in Account Payables slumped 409.43%; it then jumped 279.53% in 2019.
- A 5-year view of Change in Account Payables shows it stood at -$3.4 million in 2015, then tumbled by 154.87% to -$8.6 million in 2016, then soared by 37.65% to -$5.4 million in 2017, then decreased by 2.52% to -$5.5 million in 2018, then soared 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 | 41.98 Bn | 39.85 Bn | 2.15 Bn | - |
| 2 | Pultegroup | 24.45 Bn | 23.08 Bn | 1.06 Bn | - |
| 3 | Lennar | 20.97 Bn | 18.79 Bn | 7.69 Bn | - |
| 4 | Nvr | 17.21 Bn | 16.12 Bn | 485.14 Mn | - |
| 5 | Toll Brothers | 14.01 Bn | 12.90 Bn | 604.89 Mn | - |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | - |
| 7 | Installed Building Products | 6.61 Bn | 6.21 Bn | 258.90 Mn | 26.30 Mn |
| 8 | Champion Homes | 5.07 Bn | 4.43 Bn | - | - |
| 9 | Meritage Homes | 4.73 Bn | 3.93 Bn | 254.14 Mn | - |
| 10 | Cavco Industries | 4.55 Bn | 4.29 Bn | - | - |
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 |