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
DateValue
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