Target Hospitality (TH) Change in Receivables (2018 - 2026)
Target Hospitality's Change in Receivables was $5.02 million in Q2 2026, up 780.7% from $570,000 a year earlier.
Target Hospitality (TH) Change in Receivables (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Target Hospitality's Change in Receivables was -$6.18 million through Jun 30, 2026; for FY2025, it was $7.51 million.
- In earlier years, Change in Receivables was -$17.6 million in FY2024, $25.8 million in FY2023 (+88.4%), $13.69 million in FY2022 (+514.5%) and $2.23 million in FY2021.
- Quarterly Change in Receivables has moved between -$36.53 million (Q3 2022) and $36.93 million (Q2 2022) over five years.
- Per Business Quant data, TH's Change in Receivables in the three quarters before Q2 2026 was -$10.51 million (Q1 2026), $13.44 million (Q4 2025) and -$14.13 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.40 Bn | 64.16 Bn | 1.73 Bn | 243.00 Mn |
| 2 | W.W. Grainger | 62.85 Bn | 60.44 Bn | 1.98 Bn | 207.00 Mn |
| 3 | Fastenal | 59.37 Bn | 58.29 Bn | 1.06 Bn | 116.00 Mn |
| 4 | Ferguson Enterprises | 43.94 Bn | 41.15 Bn | 2.32 Bn | 275.00 Mn |
| 5 | Sunbelt Rentals Holdings | 31.70 Bn | 31.58 Bn | 1.25 Bn | 244.00 Mn |
| 6 | Reliance | 21.28 Bn | 20.32 Bn | 1.30 Bn | 257.10 Mn |
| 7 | Wesco International | 16.71 Bn | 14.03 Bn | 1.46 Bn | 424.90 Mn |
| 8 | Applied Industrial Technologies | 12.38 Bn | 12.26 Bn | 411.22 Mn | - |
| 9 | Watsco | 11.50 Bn | 9.18 Bn | 578.93 Mn | 199.04 Mn |
| 10 | Target Hospitality | 1.55 Bn | 1.50 Bn | 15.80 Mn | 5.02 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.02 Mn |
| Mar 31, 2026 | -10.51 Mn |
| Dec 31, 2025 | 13.44 Mn |
| Sep 30, 2025 | -14.13 Mn |
| Jun 30, 2025 | 570,000.00 |
| Mar 31, 2025 | 7.63 Mn |
| Dec 31, 2024 | 1.98 Mn |
| Sep 30, 2024 | -788,000.00 |
| Jun 30, 2024 | -5.54 Mn |
| Mar 31, 2024 | -13.25 Mn |
| Dec 31, 2023 | 8.12 Mn |
| Sep 30, 2023 | 6.13 Mn |
| Jun 30, 2023 | 542,000.00 |
| Mar 31, 2023 | 11.01 Mn |
| Dec 31, 2022 | 509,000.00 |
| Sep 30, 2022 | -36.53 Mn |
| Jun 30, 2022 | 36.93 Mn |
| Mar 31, 2022 | 12.78 Mn |
| Dec 31, 2021 | -4.37 Mn |
| Sep 30, 2021 | 4.19 Mn |
Target Hospitality Change in Receivables 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=change-in-receivables&ticker=TH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "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=change-in-receivables&ticker=TH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();