Target Hospitality (TH) Accounts Payables (2017 - 2026)
Target Hospitality (TH) recorded Accounts Payables of $47.41 million in Q2 2026, up 121.3% from $21.43 million a year earlier and up 43.5% from the prior quarter.
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Analysis
Target Hospitality (TH) Accounts Payables (2017 - 2026) Analysis & Trends
At the end of FY2025, Target Hospitality reported Accounts Payables of $44.39 million, up 174.3% from FY2024.
- Annual Accounts Payables has a five-year compound annual growth rate of 33.1% (FY2020 to FY2025).
- Across earlier years, Accounts Payables came in at $16.19 million in FY2024 (-22.6%), $20.93 million in FY2023 (+19.1%), $17.56 million in FY2022 (+48.8%) and $11.8 million in FY2021 (+10.9%).
- The Q2 2026 figure is the highest quarterly Accounts Payables in data going back to Q4 2017.
- On a year-over-year basis, Accounts Payables has increased for six consecutive quarters, with growth averaging 65.3% over the last eight quarters.
- Peak year-over-year performance for Accounts Payables in the last five years was growth of 174.3% in Q4 2025, against a decline of 35.8% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $33.04 million (Q1 2026), $44.39 million (Q4 2025) and $45.81 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 64.18 Bn | 62.94 Bn | 1.73 Bn | 1.61 Bn |
| 2 | W.W. Grainger | 62.30 Bn | 59.90 Bn | 1.98 Bn | 1.28 Bn |
| 3 | Fastenal | 58.56 Bn | 57.48 Bn | 1.06 Bn | 399.80 Mn |
| 4 | Ferguson Enterprises | 44.07 Bn | 41.28 Bn | 2.32 Bn | 3.68 Bn |
| 5 | Sunbelt Rentals Holdings | 31.19 Bn | 31.07 Bn | 1.25 Bn | 623.00 Mn |
| 6 | Reliance | 21.34 Bn | 20.38 Bn | 1.30 Bn | 627.30 Mn |
| 7 | Wesco International | 16.69 Bn | 14.00 Bn | 1.46 Bn | 3.74 Bn |
| 8 | Applied Industrial Technologies | 12.48 Bn | 12.35 Bn | 411.22 Mn | 341.09 Mn |
| 9 | Watsco | 11.24 Bn | 8.93 Bn | 578.93 Mn | 660.30 Mn |
| 10 | Target Hospitality | 1.54 Bn | 1.49 Bn | 15.80 Mn | 47.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.41 Mn |
| Mar 31, 2026 | 33.04 Mn |
| Dec 31, 2025 | 44.39 Mn |
| Sep 30, 2025 | 45.81 Mn |
| Jun 30, 2025 | 21.43 Mn |
| Mar 31, 2025 | 23.13 Mn |
| Dec 31, 2024 | 16.19 Mn |
| Sep 30, 2024 | 16.92 Mn |
| Jun 30, 2024 | 17.54 Mn |
| Mar 31, 2024 | 17.28 Mn |
| Dec 31, 2023 | 20.93 Mn |
| Sep 30, 2023 | 21.25 Mn |
| Jun 30, 2023 | 17.25 Mn |
| Mar 31, 2023 | 26.91 Mn |
| Dec 31, 2022 | 17.56 Mn |
| Sep 30, 2022 | 31.91 Mn |
| Jun 30, 2022 | 25.25 Mn |
| Mar 31, 2022 | 12.25 Mn |
| Dec 31, 2021 | 11.80 Mn |
| Sep 30, 2021 | 12.32 Mn |
API Access
Target Hospitality Accounts Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accounts-payables&ticker=TH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "TH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();