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
DateValue
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