PRTY · Party City Holdco Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $407.15M | $449.85M | $438.12M | - | $502.19M | $527.45M | $432.98M | - | $510.20M | $254.69M |
| Cost of Revenue | $292.42M | $316.06M | $307.23M | - | $343.74M | $349.48M | $294.97M | - | $326.50M | $318.57M |
| Gross Profit | $114.73M | $133.79M | $130.90M | - | $158.45M | $177.97M | $138.01M | - | $183.70M | $217.17M |
| R&D | - | - | - | - | - | - | - | - | $5.44M | $5.00M |
| SG&A | $153.17M | $147.60M | $167.91M | - | $178.98M | $167.31M | $158.06M | - | $45.49M | $45.80M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | - | - | $15.10M | - | - | - | $15.86M | - | - | - |
| Operating Income | ($54.48M) | ($39.92M) | ($67.95M) | - | ($153.53M) | $10.67M | ($20.05M) | - | $20.05M | $61.84M |
| Interest Expense | $9.88M | $10.49M | $10.59M | - | $26.93M | $24.18M | $23.39M | - | $23.90M | $23.12M |
| Income Tax | $155.0K | $167.0K | $121.0K | - | $194.87M | ($173.89M) | ($16.36M) | - | $388.0K | $10.21M |
| Net Income | ($90.97M) | ($73.04M) | ($112.09M) | - | ($372.99M) | $162.17M | ($26.89M) | - | ($2.79M) | $29.81M |
| EPS - Basic | ($0.80) | ($0.64) | ($0.99) | - | ($3.29) | $1.44 | ($0.24) | - | ($0.02) | $0.27 |
| EPS - Diluted | ($0.80) | ($0.64) | ($0.99) | - | ($3.29) | $1.42 | ($0.24) | - | ($0.02) | $0.26 |
Balance Sheet
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $109.99M | $221.36M | $192.06M | $59.42M | $29.81M | $39.24M | $32.65M | $47.91M | $60.74M | $84.45M |
| Accounts Receivable | $70.96M | $64.42M | $83.72M | $83.16M | $106.05M | $93.44M | $85.28M | $93.30M | $100.95M | $86.75M |
| Inventory | $604.21M | $580.04M | $584.04M | $633.36M | $745.70M | $676.73M | $517.46M | $443.30M | $520.05M | $426.13M |
| Accounts Payable | $72.09M | $71.94M | $51.48M | $157.47M | $208.42M | $275.32M | $188.84M | $161.74M | $167.44M | $129.80M |
| Current Assets | $840.41M | $921.13M | $935.76M | $832.51M | $941.92M | $1.05B | $760.67M | $698.48M | $823.10M | $721.11M |
| Total Assets | $1.88B | $2.00B | $2.07B | $2.02B | $2.87B | $3.10B | $2.81B | $2.71B | $2.84B | $2.72B |
| Current Liabilities | - | $704.98M | $640.88M | $2.15B | $951.21M | $816.29M | $673.07M | $570.06M | $665.63M | $560.63M |
| Long-term Debt | $0 | $0 | $0 | $11.13M | $1.32B | $1.35B | $1.35B | $1.35B | $1.35B | $1.56B |
| Total Liabilities | $3.01B | $3.04B | $3.04B | $2.88B | $3.02B | $2.88B | $2.75B | $2.63B | $2.73B | $2.62B |
| Stockholders' Equity | ($1.13B) | ($1.04B) | ($967.64M) | ($857.83M) | ($153.71M) | $219.98M | $57.76M | $82.71M | $102.49M | $108.56M |
| Retained Earnings | ($1.79B) | ($1.70B) | ($1.63B) | ($1.51B) | ($809.69M) | ($436.70M) | ($598.87M) | ($571.99M) | ($552.45M) | ($549.69M) |
Cash Flow
| Line item | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | $2.19M | - | - | - | ($116.83M) | - | - | - |
| Investing Cash Flow | - | - | ($8.55M) | - | - | - | ($17.02M) | - | - | - |
| Financing Cash Flow | - | - | $138.68M | - | - | - | $118.49M | - | - | - |
| CapEx | - | - | $8.55M | - | - | - | $18.62M | - | - | - |
| Free Cash Flow | - | - | ($6.36M) | - | - | - | ($135.44M) | - | - | - |
Ratios
| Metric | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 28.2% | 29.7% | 29.9% | - | 31.6% | 33.7% | 31.9% | - | 36.0% | 85.3% |
| Operating margin | -13.4% | -8.9% | -15.5% | - | -30.6% | 2.0% | -4.6% | - | 3.9% | 24.3% |
| EBITDA margin | - | - | -12.1% | - | - | - | -1.0% | - | - | - |
| Net margin | -22.3% | -16.2% | -25.6% | - | -74.3% | 30.7% | -6.2% | - | -0.5% | 11.7% |
| Free cash flow margin | - | - | -1.5% | - | - | - | -31.3% | - | - | - |
| FCF / Net income | - | - | 0.06 | - | - | - | 5.04 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | 1.1% | 2.0% |
| SG&A / Revenue | 37.6% | 32.8% | 38.3% | - | 35.6% | 31.7% | 36.5% | - | 8.9% | 18.0% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | 25.5% |
| Return on assets | -4.8% | -3.7% | -5.4% | - | -13.0% | 5.2% | -1.0% | - | -0.1% | 1.1% |
| Return on equity | 8.0% | 7.0% | 11.6% | - | 242.7% | 73.7% | -46.6% | - | -2.7% | 27.5% |
| Return on invested capital | - | - | - | - | -10.4% | 0.5% | -1.1% | - | 1.1% | 2.8% |
| Liquidity | ||||||||||
| Current ratio | - | 1.31 | 1.46 | 0.39 | 0.99 | 1.29 | 1.13 | 1.23 | 1.24 | 1.29 |
| Quick ratio | - | 0.48 | 0.55 | 0.09 | 0.21 | 0.46 | 0.36 | 0.45 | 0.46 | 0.53 |
| Cash ratio | - | 0.31 | 0.30 | 0.03 | 0.03 | 0.05 | 0.05 | 0.08 | 0.09 | 0.15 |
| Leverage | ||||||||||
| Debt / Equity | 0.00 | 0.00 | 0.00 | -0.01 | -8.58 | 6.12 | 23.32 | 16.34 | 13.18 | 14.35 |
| Debt / Assets | 0.00 | 0.00 | 0.00 | 0.01 | 0.46 | 0.43 | 0.48 | 0.50 | 0.48 | 0.57 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -5.5x | -3.8x | -6.4x | - | -5.7x | 0.4x | -0.9x | - | 0.8x | 2.7x |
| Equity multiplier | -1.66 | -1.93 | -2.14 | -2.35 | -18.67 | 14.11 | 48.67 | 32.79 | 27.68 | 25.08 |
| Liabilities / Assets | 1.60 | 1.52 | 1.47 | 1.42 | 1.05 | 0.93 | 0.98 | 0.97 | 0.96 | 0.96 |
| Efficiency | ||||||||||
| Asset turnover | 0.22 | 0.22 | 0.21 | - | 0.18 | 0.17 | 0.15 | - | 0.18 | 0.09 |
| Inventory turnover | 0.48 | 0.54 | 0.53 | - | 0.46 | 0.52 | 0.57 | - | 0.63 | 0.75 |
| Days sales outstanding | 64d | 52d | 70d | - | 77d | 65d | 72d | - | 72d | 124d |
| Days inventory outstanding | 754d | 670d | 694d | - | 792d | 707d | 640d | - | 581d | 488d |
| Days payable outstanding | 90d | 83d | 61d | - | 221d | 288d | 234d | - | 187d | 149d |
| Cash conversion cycle | 728d | 639d | 702d | - | 648d | 484d | 479d | - | 466d | 464d |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -18.9% | -14.7% | 1.2% | - | -1.6% | 107.1% | 4.6% | - | -4.4% | 0.0% |
| Revenue CAGR (3y) | -8.6% | 20.9% | 1.9% | - | -2.4% | -2.2% | -5.5% | - | -2.7% | -23.1% |
| Revenue CAGR (5y) | -5.9% | -4.3% | -2.9% | - | -2.2% | -0.6% | -1.9% | - | -1.7% | -13.3% |
| Gross profit growth (YoY) | -27.6% | -24.8% | -5.2% | - | -13.7% | -18.1% | -9.4% | - | 3.3% | 1193.9% |
| Operating income growth (YoY) | 64.5% | - | -238.8% | - | - | -82.8% | - | - | - | - |
| Net income growth (YoY) | 75.6% | - | -316.9% | - | -13273.7% | 444.0% | -91.2% | - | - | - |
| EPS growth (YoY) | 75.7% | - | -312.5% | - | -16350.0% | 446.2% | -84.6% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | 40.7% | - | - | - | -3.6% |
| EPS CAGR (5y) | - | - | - | - | - | 46.6% | - | - | - | 6.5% |
| FCF growth (YoY) | - | - | 95.3% | - | - | - | -90.8% | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -635.7% | - | - | - | - | 102.6% | -23.7% | 62.9% | -24.9% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2022-12-31.
Business segments
$1.38B totalRetail Segment$1.78B · 128.6%
Wholesale Segment$394.25M · 28.5%
Wholesale($788.66M) · -57.1%
Product / service
$1.18B totalProduct$1.18B · 100.0%
Geographic
$2.58B totalUS$2.12B · 82.2%
Domestic$255.37M · 9.9%
International$138.88M · 5.4%
Non Us$64.92M · 2.5%
Peer comparison
Same SIC group: Retail-Miscellaneous Retail
Comparing Party City Holdco Inc. against the 5 most active filers in the same SIC group.