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| 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 |