Nelnet (NNI) Change in Account Payables (2017 - 2022)

Nelnet (NNI) posted quarterly Change in Account Payables of $41.8 million for Q4 2022, up 266.87% YoY from $11.4 million in Q4 2021, and up 140.58% sequentially from -$103.0 million in Q3 2022.

Nelnet (NNI) Change in Account Payables (2017 - 2022) Analysis & Trends

Nelnet has disclosed Change in Account Payables across 6 years of filings, most recently posting $41.8 million for Q4 2022.

  • In Q4 2022, Change in Account Payables rose 266.87% year-over-year to $41.8 million; the TTM figure through Dec 2022 stood at -$17.7 million (down 127.38% YoY), while the FY2022 annual figure was -$17.7 million, down 127.38% from the prior year.
  • Change in Account Payables advanced to $41.8 million in Q4 2022, from -$103.0 million in the prior quarter.
  • Over the last five years, Change in Account Payables for NNI reached as high as $133.4 million in Q2 2022 and fell as low as -$217.9 million in Q1 2020.
  • The 5-year median for Change in Account Payables is $28.3 million (2018), against an average of $1.9 million.
  • The widest YoY moves for Change in Account Payables: up 266.87% in 2022, down 300.41% in 2022.
  • A 5-year view of Change in Account Payables shows it stood at $57.9 million in 2018, then soared by 121.77% to $128.4 million in 2019, then slumped by 88.02% to $15.4 million in 2020, then fell by 25.97% to $11.4 million in 2021, then jumped by 266.87% to $41.8 million in 2022.
  • According to Business Quant data, Change in Account Payables over the past three periods registered $41.8 million, -$103.0 million, and $133.4 million for Q4 2022, Q3 2022, and Q2 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Payables (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 89.00 Mn
2 Mastercard 465.55 Bn 455.34 Bn - 14.00 Mn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn -
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn -52.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 2.36 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn -
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn -
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn -
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -
10 Nelnet 4.85 Bn 4.49 Bn 4.07 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2022 41.80 Mn
Dec 31, 2022 41.80 Mn
Sep 30, 2022 -103.01 Mn
Sep 30, 2022 -103.01 Mn
Jun 30, 2022 133.43 Mn
Jun 30, 2022 133.43 Mn
Mar 31, 2022 -89.88 Mn
Mar 31, 2022 -89.88 Mn
Dec 31, 2021 11.39 Mn
Dec 31, 2021 11.39 Mn
Sep 30, 2021 51.40 Mn
Sep 30, 2021 51.40 Mn
Jun 30, 2021 72.60 Mn
Jun 30, 2021 72.60 Mn
Mar 31, 2021 -70.85 Mn
Mar 31, 2021 -70.85 Mn
Dec 31, 2020 15.39 Mn
Dec 31, 2020 15.39 Mn
Sep 30, 2020 17.54 Mn
Sep 30, 2020 17.54 Mn