Abacus Global Management (ABX) Payables (2021 - 2023)
Abacus Global Management (ABX) posted quarterly Payables of $2000.0 for Q3 2023, down 99.96% year-over-year from $4.9 million in Q3 2022, and down 99.5% quarter-over-quarter from $401500.0 in Q2 2023.
Abacus Global Management (ABX) Payables (2021 - 2023) Analysis & Trends
Abacus Global Management (ABX) has reported Payables for 3 consecutive years, with $2000.0 the latest figure, recorded in Q3 2023.
- In Q3 2023, Payables fell 99.96% year-over-year to $2000.0; the TTM figure through Sep 2023 stood at $2000.0 (down 99.96% YoY), while the FY2022 annual figure was $5.0 million, up 230.96% from the prior year.
- Payables fell to $2000.0 in Q3 2023 per ABX's latest filing, from $401500.0 in the prior quarter.
- Across five years, Payables topped out at $5.6 million in Q1 2023 and bottomed at $2000.0 in Q3 2023.
- Historically, Payables has averaged $2.4 million across 3 years, with a median of $1.5 million in 2021.
- On a YoY basis, Payables climbed as much as 271.71% in 2023 and fell as far as 99.96% in 2023.
- Abacus Global Management's Payables stood at $1.5 million in 2021, then soared by 230.96% to $5.0 million in 2022, then sank by 99.96% to $2000.0 in 2023.
- Business Quant data shows ABX's Payables at $2000.0 in Q3 2023, $401500.0 in Q2 2023, and $5.6 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 71.10 Bn | 51.19 Bn | - | 9.83 Bn |
| 2 | Metlife | 60.88 Bn | 33.56 Bn | 7.82 Bn | 460.00 Mn |
| 3 | Aflac | 58.74 Bn | -44.26 Bn | 2.27 Bn | 7.34 Bn |
| 4 | Prudential | 36.17 Bn | 27.84 Bn | - | 7.83 Bn |
| 5 | Unum | 14.04 Bn | 4.49 Bn | 1.38 Bn | - |
| 6 | Jackson Financial | 9.33 Bn | 3.35 Bn | - | 14.00 Mn |
| 7 | Primerica | 9.25 Bn | 8.62 Bn | 717.74 Mn | 88.58 Mn |
| 8 | Lincoln National | 8.25 Bn | -3.43 Bn | 2.62 Bn | 9.63 Bn |
| 9 | Genworth Financial | 3.79 Bn | 1.80 Bn | 668.00 Mn | - |
| 10 | Abacus Global Management | 886.47 Mn | 863.08 Mn | 63.96 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 2,000.00 |
| Jun 30, 2023 | 401,500.00 |
| Mar 31, 2023 | 5.58 Mn |
| Dec 31, 2022 | 4.96 Mn |
| Sep 30, 2022 | 4.92 Mn |
| Jun 30, 2022 | 1.50 Mn |
| Mar 31, 2022 | 1.50 Mn |
| Dec 31, 2021 | 1.50 Mn |
| Sep 30, 2021 | 1.50 Mn |