Magnera (MAGN) Change in Account Payables (2016 - 2023)
On a quarterly basis, Change in Account Payables fell 833.47% to -$60.0 million in Q3 2023 year-over-year; TTM through Sep 2023 was -$119.5 million, a 287.51% decrease, with the full-year FY2023 number at -$62.7 million, down 482.28% from a year prior.
Magnera (MAGN) has 14 years of Change in Account Payables data on record, last reported at -$60.0 million in Q3 2023.
- Change in Account Payables reached -$60.0 million in Q3 2023 per MAGN's latest filing, down from -$35.0 million in the prior quarter.
- Over the last five years, Change in Account Payables for MAGN hit a ceiling of $46.0 million in Q4 2021 and a floor of -$60.0 million in Q3 2023.
- A 5-year average of -$1.7 million and a median of -$728000.0 in 2020 define the central range for Change in Account Payables.
- Peak YoY movement for Change in Account Payables: surged 3445.74% in 2021, then tumbled 1402.7% in 2023.
- Tracing MAGN's Change in Account Payables over 5 years: 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 crashed by 102.83% to -$1.3 million in 2022, then tumbled by 4504.45% to -$60.0 million in 2023.
- Business Quant data shows Change in Account Payables for MAGN at -$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 | Suzano | 38.93 Bn | 34.37 Bn | 600.58 Mn | - |
| 2 | Sylvamo | 1.51 Bn | 1.31 Bn | 125.00 Mn | - |
| 3 | Magnera | 378.03 Mn | 75.03 Mn | 95.00 Mn | - |
| 4 | Clearwater Paper | 227.85 Mn | 191.35 Mn | -900,000.00 | - |
| 5 | Mercer International | 64.31 Mn | -25.23 Mn | 36.32 Mn | - |
| 6 | It Tech Packaging | - | - | 2.02 Mn | 245,949.00 |
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 |
| Mar 31, 2021 | -7.46 Mn |
| Mar 31, 2021 | -7.46 Mn |
| Dec 31, 2020 | 26.56 Mn |
| Dec 31, 2020 | 26.56 Mn |
| Sep 30, 2020 | -728,000.00 |
| Sep 30, 2020 | -728,000.00 |
| Jun 30, 2020 | -21.46 Mn |
| Jun 30, 2020 | -21.46 Mn |
| Mar 31, 2020 | -11.61 Mn |
| Mar 31, 2020 | -11.61 Mn |
| Dec 31, 2019 | 15.68 Mn |
| Dec 31, 2019 | 15.68 Mn |
| Sep 30, 2019 | -1.88 Mn |
| Sep 30, 2019 | -1.88 Mn |
| Jun 30, 2019 | -5.53 Mn |
| Jun 30, 2019 | -5.53 Mn |
| Mar 31, 2019 | 2.07 Mn |
| Mar 31, 2019 | 2.07 Mn |
| Dec 31, 2018 | 15.79 Mn |
| Dec 31, 2018 | 15.79 Mn |
| Sep 30, 2018 | -3.84 Mn |
| Sep 30, 2018 | -3.84 Mn |
| Jun 30, 2018 | -1.44 Mn |
| Jun 30, 2018 | -1.44 Mn |
| Mar 31, 2018 | 3.26 Mn |
| Mar 31, 2018 | 3.26 Mn |
| Dec 31, 2017 | 14.26 Mn |
| Dec 31, 2017 | 14.26 Mn |
| Sep 30, 2017 | -945,000.00 |
| Sep 30, 2017 | -945,000.00 |
| Jun 30, 2017 | 4.14 Mn |
| Jun 30, 2017 | 4.14 Mn |
| Mar 31, 2017 | 2.90 Mn |
| Mar 31, 2017 | 2.90 Mn |
| Dec 31, 2016 | 9.12 Mn |
| Dec 31, 2016 | 9.12 Mn |
| Sep 30, 2016 | -6.64 Mn |
| Sep 30, 2016 | -6.64 Mn |
| Jun 30, 2016 | 12.73 Mn |
| Jun 30, 2016 | 12.73 Mn |