Southland Holdings (SLND) Change in Receivables (2022 - 2025)
Southland Holdings (SLND) posted quarterly Change in Receivables of -$11.0 million for Q2 2025, down 133.59% year-over-year from $32.6 million in Q2 2024, and down 27.86% quarter-over-quarter from -$8.6 million in Q1 2025.
Southland Holdings (SLND) Change in Receivables (2022 - 2025) Analysis & Trends
Southland Holdings (SLND) has reported Change in Receivables for 4 consecutive years, with -$11.0 million the latest figure, recorded in Q2 2025.
- In Q2 2025, Change in Receivables fell 133.59% year-over-year to -$11.0 million; the TTM figure through Jun 2025 stood at -$94.1 million (down 256.71% YoY), while the FY2025 annual figure was -$23.1 million, down 132.47% from the prior year.
- Change in Receivables eased to -$11.0 million in Q2 2025 per SLND's latest filing, from -$8.6 million in the prior quarter.
- Across five years, Change in Receivables topped out at $49.3 million in Q1 2023 and bottomed at -$66.9 million in Q3 2024.
- Historically, Change in Receivables has averaged $2.7 million across 4 years, with a median of -$712000.0 in 2022.
- On a YoY basis, Change in Receivables climbed as much as 656.23% in 2024 and fell as far as 521.03% in 2024.
- Southland Holdings' Change in Receivables stood at -$5.7 million in 2022, then slumped by 257.45% to -$20.5 million in 2023, then surged by 62.3% to -$7.7 million in 2024, then plunged by 41.71% to -$11.0 million in 2025.
- Business Quant data shows SLND's Change in Receivables at -$11.0 million in Q2 2025, -$8.6 million in Q1 2025, and -$7.7 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn | 381.26 Mn |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn | 418.40 Mn |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - | - |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn | - |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn | 148.43 Mn |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn | - |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 Mn | 120.00 Mn |
| 8 | Jacobs Solutions | 16.40 Bn | 15.02 Bn | 794.89 Mn | 668.70 Mn |
| 9 | IES Holdings | 15.99 Bn | 15.73 Bn | 340.66 Mn | 66.79 Mn |
| 10 | Southland Holdings | 31.98 Mn | 8.33 Mn | -4.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | -10.95 Mn |
| Jun 30, 2025 | -10.95 Mn |
| Mar 31, 2025 | -8.57 Mn |
| Mar 31, 2025 | -8.57 Mn |
| Dec 31, 2024 | -7.73 Mn |
| Dec 31, 2024 | -7.73 Mn |
| Sep 30, 2024 | -66.87 Mn |
| Sep 30, 2024 | -66.87 Mn |
| Jun 30, 2024 | 32.60 Mn |
| Jun 30, 2024 | 32.60 Mn |
| Mar 31, 2024 | 32.07 Mn |
| Mar 31, 2024 | 32.07 Mn |
| Dec 31, 2023 | -20.50 Mn |
| Dec 31, 2023 | -20.50 Mn |
| Sep 30, 2023 | 15.88 Mn |
| Sep 30, 2023 | 15.88 Mn |
| Jun 30, 2023 | 4.31 Mn |
| Jun 30, 2023 | 4.31 Mn |
| Mar 31, 2023 | 49.28 Mn |
| Mar 31, 2023 | 49.28 Mn |