Wetouch Technology (WETH) Payables (2019 - 2026)
Wetouch Technology (WETH) reported Payables of $937337.0 for Q1 2026, up 48.86% on a YoY basis from $629694.0 in Q1 2025, and down 31.68% quarter-over-quarter from $1.4 million in Q4 2025.
Wetouch Technology (WETH) Payables (2019 - 2026) Analysis & Trends
Wetouch Technology has reported Payables for 8 years, with the latest figure at $937337.0 in Q1 2026.
- For the quarter ending Q1 2026, Payables rose 48.86% year-over-year to $937337.0; the trailing twelve-month figure through Mar 2026 stood at $937337.0 (up 48.86% YoY), and the FY2025 full-year result was $1.4 million, up 8.55% from the prior year.
- Payables for Q1 2026 stood at $937337.0, down from $1.4 million in the prior quarter.
- The five-year high for Payables was $5.2 million in Q4 2023, with the low at $626611.0 in Q1 2024.
- Historically, Payables has averaged $2.2 million across 5 years, with a median of $1.4 million in 2025.
- Annual changes were most pronounced in 2022 — Payables soared 931.32% — and 2024, when it plunged 81.41%.
- Wetouch Technology's Payables stood at $2.2 million in 2022, then surged by 135.47% to $5.2 million in 2023, then sank by 75.84% to $1.3 million in 2024, then increased by 8.55% to $1.4 million in 2025, then tumbled by 31.68% to $937337.0 in 2026.
- The last three Payables figures came in at $937337.0 (Q1 2026), $1.4 million (Q4 2025), and $1.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 201.92 Bn | 196.89 Bn | 2.80 Bn | 3.49 Bn |
| 2 | Corning | 167.41 Bn | 166.19 Bn | 1.53 Bn | 2.25 Bn |
| 3 | TE Connectivity | 63.90 Bn | 62.94 Bn | 1.75 Bn | 2.22 Bn |
| 4 | Flex | 54.73 Bn | 53.09 Bn | 702.00 Mn | 8.06 Bn |
| 5 | Celestica | 42.91 Bn | 42.53 Bn | 437.20 Mn | 3.09 Bn |
| 6 | Jabil | 39.52 Bn | 37.70 Bn | 746.00 Mn | 8.52 Bn |
| 7 | Ttm Technologies | 22.37 Bn | 21.95 Bn | 181.18 Mn | 607.90 Mn |
| 8 | Fabrinet | 20.58 Bn | 19.64 Bn | 144.34 Mn | 859.00 Mn |
| 9 | Vicor | 15.04 Bn | 14.64 Bn | 62.37 Mn | 16.73 Mn |
| 10 | Wetouch Technology | 16.35 Mn | -104.17 Mn | 5.82 Mn | 937,337.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 937,337.00 |
| Dec 31, 2025 | 1.37 Mn |
| Sep 30, 2025 | 1.29 Mn |
| Jun 30, 2025 | 1.41 Mn |
| Mar 31, 2025 | 629,694.00 |
| Dec 31, 2024 | 1.26 Mn |
| Sep 30, 2024 | 1.22 Mn |
| Jun 30, 2024 | 839,781.00 |
| Mar 31, 2024 | 626,611.00 |
| Dec 31, 2023 | 5.23 Mn |
| Sep 30, 2023 | 4.30 Mn |
| Jun 30, 2023 | 3.62 Mn |
| Mar 31, 2023 | 3.37 Mn |
| Dec 31, 2022 | 2.22 Mn |
| Sep 30, 2022 | 3.34 Mn |
| Jun 30, 2022 | 2.85 Mn |
| Mar 31, 2022 | 3.29 Mn |
| Dec 31, 2021 | 2.83 Mn |
| Sep 30, 2021 | 324,315.00 |
| Jun 30, 2021 | 770,649.00 |