Magnera (MAGN) Change in Account Payables (2010 - 2023)
Magnera (MAGN) posted quarterly Change in Account Payables of -$60.0 million for 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.
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.
- In Q3 2023, Change in Account Payables fell 833.47% year-over-year to -$60.0 million; the TTM figure through Sep 2023 stood at -$119.5 million (down 287.51% YoY), while the FY2023 annual figure was -$62.7 million, down 482.28% from the prior year.
- Change in Account Payables slipped to -$60.0 million in Q3 2023 per MAGN's latest filing, from -$35.0 million in the prior quarter.
- Across five years, Change in Account Payables topped out at $46.0 million in Q4 2021 and bottomed at -$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.
- Annual changes were most pronounced in 2021 — Change in Account Payables soared 3445.74% — and 2023, when it sank 1402.7%.
- Magnera's Change in Account Payables stood at $15.7 million in 2019, then jumped by 69.32% to $26.6 million in 2020, then jumped 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.
- Business Quant data shows MAGN's Change in Account Payables at -$60.0 million in Q3 2023, -$35.0 million in Q2 2023, and -$23.1 million in Q1 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | 723.00 Mn |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | - |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | - |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | - |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | 71.00 Mn |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | 50.20 Mn |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | - |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | - |
| 10 | Magnera | 437.98 Mn | 157.98 Mn | 112.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |