Target Hospitality (TH) Change in Receivables (2018 - 2026)
Target Hospitality (TH) posted quarterly Change in Receivables of -$10.5 million for Q1 2026, down 237.72% year-over-year from $7.6 million in Q1 2025, and down 178.17% quarter-over-quarter from $13.4 million in Q4 2025.
Target Hospitality (TH) Change in Receivables (2018 - 2026) Analysis & Trends
Target Hospitality (TH) has reported Change in Receivables for 9 consecutive years, with -$10.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Receivables fell 237.72% year-over-year to -$10.5 million; the TTM figure through Mar 2026 stood at -$10.6 million (down 423.57% YoY), while the FY2025 annual figure was $7.5 million, up 142.68% from the prior year.
- Change in Receivables retreated to -$10.5 million in Q1 2026 per TH's latest filing, from $13.4 million in the prior quarter.
- Across five years, Change in Receivables topped out at $36.9 million in Q2 2022 and bottomed at -$36.5 million in Q3 2022.
- Historically, Change in Receivables has averaged $1.1 million across 5 years, with a median of $570000.0 in 2025.
- Annual changes were most pronounced in 2022 — Change in Receivables jumped 6556.99% — and 2025, when it tumbled 1693.15%.
- Target Hospitality's Change in Receivables stood at $509000.0 in 2022, then surged by 1495.87% to $8.1 million in 2023, then tumbled by 75.64% to $2.0 million in 2024, then surged by 579.23% to $13.4 million in 2025, then plunged by 178.17% to -$10.5 million in 2026.
- Business Quant data shows TH's Change in Receivables at -$10.5 million in Q1 2026, $13.4 million in Q4 2025, and -$14.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.88 Bn | 81.59 Bn | 1.48 Bn | 10.42 Mn |
| 2 | Relx | 65.76 Bn | 65.59 Bn | - | - |
| 3 | Copart | 31.95 Bn | 28.60 Bn | 732.88 Mn | -67.52 Mn |
| 4 | Global Payments | 25.48 Bn | 20.07 Bn | 2.03 Bn | 185.71 Mn |
| 5 | Rb Global | 16.13 Bn | 15.60 Bn | 935.50 Mn | - |
| 6 | Aramark | 15.62 Bn | 15.12 Bn | 430.34 Mn | 44.72 Mn |
| 7 | UL Solutions | 15.06 Bn | 14.63 Bn | 417.00 Mn | -24.00 Mn |
| 8 | Rentokil Initial | 11.93 Bn | 9.41 Bn | - | - |
| 9 | Dolby Laboratories | 6.15 Bn | 5.48 Bn | 264.68 Mn | -105.57 Mn |
| 10 | Target Hospitality | 1.75 Bn | 1.74 Bn | 15.80 Mn | 5.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.02 Mn |
| Jun 30, 2026 | 5.02 Mn |
| Mar 31, 2026 | -10.51 Mn |
| Mar 31, 2026 | -10.51 Mn |
| Dec 31, 2025 | 13.44 Mn |
| Dec 31, 2025 | 13.44 Mn |
| Sep 30, 2025 | -14.13 Mn |
| Sep 30, 2025 | -14.13 Mn |
| Jun 30, 2025 | 570,000.00 |
| Jun 30, 2025 | 570,000.00 |
| Mar 31, 2025 | 7.63 Mn |
| Mar 31, 2025 | 7.63 Mn |
| Dec 31, 2024 | 1.98 Mn |
| Dec 31, 2024 | 1.98 Mn |
| Sep 30, 2024 | -788,000.00 |
| Sep 30, 2024 | -788,000.00 |
| Jun 30, 2024 | -5.54 Mn |
| Jun 30, 2024 | -5.54 Mn |
| Mar 31, 2024 | -13.25 Mn |
| Mar 31, 2024 | -13.25 Mn |