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-on-year from $8.2 million in Q3 2022, and down 71.58% on a QoQ basis from -$35.0 million in Q2 2023.

Magnera (MAGN) Change in Account Payables (2010 - 2023) Analysis & Trends

Magnera (MAGN) has 14 years of Change in Account Payables data on file, last reported at -$60.0 million 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 for Q3 2023 stood at -$60.0 million, down from -$35.0 million in the prior quarter.
  • Over the last five years, Change in Account Payables for MAGN reached as high as $46.0 million in Q4 2021 and fell as low as -$60.0 million in Q3 2023.
  • Historically, Change in Account Payables has averaged -$1.7 million across 5 years, with a median of -$728000.0 in 2020.
  • Across the five-year window, Change in Account Payables jumped 3445.74% in 2021 and tumbled 1402.7% in 2023, its largest moves.
  • Year by year, Change in Account Payables stood at $15.7 million in 2019, then soared by 69.32% to $26.6 million in 2020, then soared 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.
  • Per Business Quant data, the three most recent Change in Account Payables figures were -$60.0 million in Q3 2023, -$35.0 million in Q2 2023, and -$23.1 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 Procter & Gamble 346.76 Bn 334.45 Bn 10.51 Bn -43.00 Mn
2 Unilever 134.51 Bn 124.03 Bn - -
3 Colgate Palmolive 73.58 Bn 72.24 Bn 3.23 Bn -
4 Kenvue 37.37 Bn 37.27 Bn 2.30 Bn -
5 Kimberly Clark 36.99 Bn 36.45 Bn 1.53 Bn -
6 Estee Lauder Companies 29.94 Bn 26.81 Bn 2.84 Bn 71.00 Mn
7 Church & Dwight 23.41 Bn 22.90 Bn 681.40 Mn 2.30 Mn
8 Clorox 11.80 Bn 10.62 Bn 722.00 Mn -
9 Yatsen Holding 6.39 Bn 6.25 Bn 153.20 Mn -
10 Magnera 493.63 Mn 190.63 Mn 95.00 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2023 -60.04 Mn
Sep 30, 2023 -60.04 Mn
Jun 30, 2023 -34.99 Mn
Jun 30, 2023 -34.99 Mn
Mar 31, 2023 -23.14 Mn
Mar 31, 2023 -23.14 Mn
Dec 31, 2022 -1.30 Mn
Dec 31, 2022 -1.30 Mn
Sep 30, 2022 8.19 Mn
Sep 30, 2022 8.19 Mn
Jun 30, 2022 7.74 Mn
Jun 30, 2022 7.74 Mn
Mar 31, 2022 1.78 Mn
Mar 31, 2022 1.78 Mn
Dec 31, 2021 46.01 Mn
Dec 31, 2021 46.01 Mn
Sep 30, 2021 24.36 Mn
Sep 30, 2021 24.36 Mn
Jun 30, 2021 2.92 Mn
Jun 30, 2021 2.92 Mn