Universal Technical Institute (UTI) Change in Receivables (2010 - 2019)
Universal Technical Institute (UTI) posted quarterly Change in Receivables of -$4.1 million for Q4 2019, up 34.8% year-over-year from -$3.0 million in Q4 2018, and down 262.8% quarter-over-quarter from $2.5 million in Q3 2019.
Universal Technical Institute (UTI) Change in Receivables (2010 - 2019) Analysis & Trends
Universal Technical Institute (UTI) has reported Change in Receivables for 10 consecutive years, with -$4.1 million the latest figure, recorded in Q4 2019.
- In Q4 2019, Change in Receivables rose 34.8% year-over-year to -$4.1 million; the TTM figure through Dec 2019 stood at $872000.0 (up 123.33% YoY), while the FY2023 annual figure was $791000.0, up 413.89% from the prior year.
- Change in Receivables retreated to -$4.1 million in Q4 2019 per UTI's latest filing, from $2.5 million in the prior quarter.
- Across five years, Change in Receivables topped out at $11.2 million in Q3 2016 and bottomed at -$10.0 million in Q1 2015.
- Historically, Change in Receivables has averaged -$236900.0 across 5 years, with a median of -$318500.0 in 2015.
- Annual changes were most pronounced in 2015 — Change in Receivables slumped 27237.84% — and 2018, when it jumped 1444.25%.
- Universal Technical Institute's Change in Receivables stood at -$463000.0 in 2015, then slumped by 455.94% to -$2.6 million in 2016, then tumbled by 128.83% to -$5.9 million in 2017, then fell by 5.86% to -$6.2 million in 2018, then jumped by 34.8% to -$4.1 million in 2019.
- Business Quant data shows UTI's Change in Receivables at -$4.1 million in Q4 2019, $2.5 million in Q3 2019, and $5.9 million in Q2 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 82.68 Bn | 81.02 Bn | 812.22 Mn | - |
| 2 | Laureate Education | 5.15 Bn | 4.99 Bn | 237.67 Mn | 127.85 Mn |
| 3 | Graham Holdings | 5.00 Bn | 3.79 Bn | 777.03 Mn | -32.37 Mn |
| 4 | Covista | 4.48 Bn | 4.48 Bn | 284.63 Mn | 12.99 Mn |
| 5 | Youdao | 4.15 Bn | 4.08 Bn | 87.31 Mn | - |
| 6 | Grand Canyon Education | 3.81 Bn | 3.54 Bn | 204.08 Mn | -79.01 Mn |
| 7 | Stride | 3.47 Bn | 2.51 Bn | 217.28 Mn | -184.53 Mn |
| 8 | McGraw Hill | 2.59 Bn | 2.34 Bn | 388.89 Mn | 123.54 Mn |
| 9 | TAL Education | 2.14 Bn | -1,233.59 Bn | 227.32 Mn | - |
| 10 | Universal Technical Institute | 1.42 Bn | 1.25 Bn | 100.57 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | -4.07 Mn |
| Dec 31, 2019 | -4.07 Mn |
| Sep 30, 2019 | 2.50 Mn |
| Sep 30, 2019 | 2.50 Mn |
| Jun 30, 2019 | 5.86 Mn |
| Jun 30, 2019 | 5.86 Mn |
| Mar 31, 2019 | -3.42 Mn |
| Mar 31, 2019 | -3.42 Mn |
| Dec 31, 2018 | -6.24 Mn |
| Dec 31, 2018 | -6.24 Mn |
| Sep 30, 2018 | -3.22 Mn |
| Sep 30, 2018 | -3.22 Mn |
| Jun 30, 2018 | 3.38 Mn |
| Jun 30, 2018 | 3.38 Mn |
| Mar 31, 2018 | 2.34 Mn |
| Mar 31, 2018 | 2.34 Mn |
| Dec 31, 2017 | -5.89 Mn |
| Dec 31, 2017 | -5.89 Mn |
| Sep 30, 2017 | 2.45 Mn |
| Sep 30, 2017 | 2.45 Mn |