Magnera (MAGN) Change in Account Payables (2010 - 2023)
Magnera's (MAGN) quarterly Change in Account Payables came in at -$60.0 million in Q3 2023, down 833.47% year-over-year from $8.2 million in Q3 2022, and down 71.58% quarter-over-quarter from -$35.0 million in Q2 2023.
Analysis
Magnera (MAGN) Change in Account Payables (2010 - 2023) Analysis & Trends
Magnera (MAGN) has reported Change in Account Payables for 14 consecutive years, with -$60.0 million the latest figure, recorded in Q3 2023.
- On a quarterly basis, Change in Account Payables fell 833.47% year-over-year to -$60.0 million in Q3 2023; TTM through Sep 2023 was -$119.5 million, a 287.51% decrease from a year earlier, with the FY2023 full-year figure at -$62.7 million, down 482.28% from the prior year.
- Change in Account Payables was -$60.0 million for Q3 2023 at Magnera, down from -$35.0 million in the prior quarter.
- Over five years, Change in Account Payables peaked at $46.0 million in Q4 2021 and troughed at -$60.0 million in Q3 2023.
- A 5-year average of -$1.7 million and a median of -$728000.0 in 2020 frame the typical range for Change in Account Payables.
- Across the five-year window, Change in Account Payables surged 3445.74% in 2021 and slumped 1402.7% in 2023, its largest moves.
- Over 5 years, Change in Account Payables stood at $15.7 million in 2019, then surged by 69.32% to $26.6 million in 2020, then surged by 73.27% to $46.0 million in 2021, then tumbled by 102.83% to -$1.3 million in 2022, then tumbled by 4504.45% to -$60.0 million in 2023.
- The last three Change in Account Payables figures came in at -$60.0 million (Q3 2023), -$35.0 million (Q2 2023), and -$23.1 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.20 Bn | 142.70 Bn | 1.63 Bn | - |
| 2 | Ati | 28.61 Bn | 27.83 Bn | 309.80 Mn | -4.60 Mn |
| 3 | Qnity Electronics | 26.14 Bn | 25.18 Bn | 666.00 Mn | 62.00 Mn |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 112.00 Mn |
| 5 | DuPont de Nemours | 17.53 Bn | 15.79 Bn | 639.00 Mn | 98.00 Mn |
| 6 | Avery Dennison | 12.92 Bn | 12.70 Bn | 729.40 Mn | - |
| 7 | Solstice Advanced Materials | 10.06 Bn | 9.31 Bn | 370.00 Mn | 62.00 Mn |
| 8 | Element Solutions | 8.79 Bn | 8.60 Bn | 334.00 Mn | 6.90 Mn |
| 9 | Eastman Chemical | 7.83 Bn | 7.14 Bn | 560.00 Mn | 18.00 Mn |
| 10 | Magnera | 409.26 Mn | 129.26 Mn | 112.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -60.04 Mn |
| Jun 30, 2023 | -34.99 Mn |
| Mar 31, 2023 | -23.14 Mn |
| Dec 31, 2022 | -1.30 Mn |
| Sep 30, 2022 | 8.19 Mn |
| Jun 30, 2022 | 7.74 Mn |
| Mar 31, 2022 | 1.78 Mn |
| Dec 31, 2021 | 46.01 Mn |
| Sep 30, 2021 | 24.36 Mn |
| Jun 30, 2021 | 2.92 Mn |
| Mar 31, 2021 | -7.46 Mn |
| Dec 31, 2020 | 26.56 Mn |
| Sep 30, 2020 | -728,000.00 |
| Jun 30, 2020 | -21.46 Mn |
| Mar 31, 2020 | -11.61 Mn |
| Dec 31, 2019 | 15.68 Mn |
| Sep 30, 2019 | -1.88 Mn |
| Jun 30, 2019 | -5.53 Mn |
| Mar 31, 2019 | 2.07 Mn |
| Dec 31, 2018 | 15.79 Mn |