Teekay (TK) Change in Receivables (2018 - 2023)
Teekay (TK) reported Change in Receivables of $245.0 million for Q2 2023, up 32.51% on a YoY basis from $184.9 million in Q2 2022, and down 12.3% quarter-over-quarter from $279.4 million in Q1 2023.
Teekay (TK) Change in Receivables (2018 - 2023) Analysis & Trends
Teekay has reported Change in Receivables for 6 years, with the latest figure at $245.0 million in Q2 2023.
- For the quarter ending Q2 2023, Change in Receivables rose 32.51% year-over-year to $245.0 million; the trailing twelve-month figure through Jun 2023 stood at $245.0 million (up 32.51% YoY), and the FY2022 full-year result was $239.2 million, up 101.9% from the prior year.
- Change in Receivables for Q2 2023 stood at $245.0 million, down from $279.4 million in the prior quarter.
- The five-year high for Change in Receivables was $424.7 million in Q2 2019, with the low at $118.5 million in Q4 2021.
- Historically, Change in Receivables has averaged $273.1 million across 5 years, with a median of $263.8 million in 2020.
- Annual changes were most pronounced in 2021 — Change in Receivables plunged 51.36% — and 2022, when it soared 101.9%.
- Teekay's Change in Receivables stood at $393.4 million in 2019, then slumped by 38.09% to $243.6 million in 2020, then plunged by 51.36% to $118.5 million in 2021, then soared by 101.9% to $239.2 million in 2022, then advanced by 2.44% to $245.0 million in 2023.
- The last three Change in Receivables figures came in at $245.0 million (Q2 2023), $279.4 million (Q1 2023), and $239.2 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | -131.00 Mn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | - |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -40.80 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 24.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 198.00 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 656.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | Teekay | 1.02 Bn | 1.48 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 245.03 Mn |
| Jun 30, 2023 | 245.03 Mn |
| Mar 31, 2023 | 279.39 Mn |
| Mar 31, 2023 | 279.39 Mn |
| Dec 31, 2022 | 239.20 Mn |
| Dec 31, 2022 | 239.20 Mn |
| Sep 30, 2022 | 192.86 Mn |
| Sep 30, 2022 | 192.86 Mn |
| Jun 30, 2022 | 184.92 Mn |
| Jun 30, 2022 | 184.92 Mn |
| Mar 31, 2022 | 153.41 Mn |
| Mar 31, 2022 | 153.41 Mn |
| Dec 31, 2021 | 118.47 Mn |
| Dec 31, 2021 | 118.47 Mn |
| Sep 30, 2021 | 226.05 Mn |
| Sep 30, 2021 | 226.05 Mn |
| Jun 30, 2021 | 253.23 Mn |
| Jun 30, 2021 | 253.23 Mn |
| Mar 31, 2021 | 299.16 Mn |
| Mar 31, 2021 | 299.16 Mn |