Wetouch Technology (WETH) Payables (2019 - 2026)
Wetouch Technology (WETH) recorded Payables of $1.4 million in Q2 2026, down 5.7% from $1.49 million a year earlier but up 9.2% from the prior quarter.
Wetouch Technology (WETH) Payables (2019 - 2026) Analysis & Trends
At the end of FY2025, Wetouch Technology reported Payables of $1.37 million, up 8.5% from FY2024.
- Annual Payables has a five-year compound annual growth rate of 9.0% (FY2020 to FY2025).
- Across earlier years, Payables came in at $1.26 million in FY2024 (-75.8%), $5.23 million in FY2023 (+96.7%), $2.66 million in FY2022 (-6.0%) and $2.83 million in FY2021 (+217.4%).
- Quarterly Payables has ranged from $626,611 in Q1 2024 to $5.23 million in Q4 2023 over the past five years.
- On a year-over-year basis, Payables rose in four of the last eight quarters, with growth averaging 9.2%.
- Peak year-over-year performance for Payables in the last five years was growth of 431.7% in Q2 2022, against a decline of 81.4% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.29 million (Q1 2026), $1.37 million (Q4 2025) and $1.47 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 66.52 Bn |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 3.37 Bn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 49.72 Bn |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 692.70 Mn |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 976.00 Mn |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 1.75 Bn |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 1.77 Bn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 14.29 Bn |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 13.73 Bn |
| 10 | Wetouch Technology | 12.66 Mn | -466.94 Mn | 4.88 Mn | 1.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.40 Mn |
| Mar 31, 2026 | 1.29 Mn |
| Dec 31, 2025 | 1.37 Mn |
| Sep 30, 2025 | 1.47 Mn |
| Jun 30, 2025 | 1.49 Mn |
| Mar 31, 2025 | 1.59 Mn |
| Dec 31, 2024 | 1.26 Mn |
| Sep 30, 2024 | 1.22 Mn |
| Jun 30, 2024 | 917,153.00 |
| Mar 31, 2024 | 626,611.00 |
| Dec 31, 2023 | 5.23 Mn |
| Sep 30, 2023 | 4.30 Mn |
| Jun 30, 2023 | 3.82 Mn |
| Mar 31, 2023 | 3.37 Mn |
| Dec 31, 2022 | 2.66 Mn |
| Sep 30, 2022 | 3.34 Mn |
| Jun 30, 2022 | 4.10 Mn |
| Mar 31, 2022 | 3.29 Mn |
| Dec 31, 2021 | 2.83 Mn |
| Sep 30, 2021 | 833,955.00 |
Wetouch Technology Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=WETH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "WETH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=WETH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();