Wex (WEX) Change in Account Payables (2009 - 2023)
Wex (WEX) reported Change in Account Payables of -$272.0 million for Q4 2023, down 23.81% on a YoY basis from -$357.0 million in Q4 2022, and down 211.52% quarter-over-quarter from $243.9 million in Q3 2023.
Wex (WEX) Change in Account Payables (2009 - 2023) Analysis & Trends
Wex has reported Change in Account Payables for 15 years, with the latest figure at -$272.0 million in Q4 2023.
- For the quarter ending Q4 2023, Change in Account Payables fell 23.81% year-over-year to -$272.0 million; the trailing twelve-month figure through Dec 2023 stood at $115.4 million (down 66.91% YoY), and the FY2025 full-year result was -$20.1 million, up 94.93% from the prior year.
- Change in Account Payables for Q4 2023 stood at -$272.0 million, down from $243.9 million in the prior quarter.
- The five-year high for Change in Account Payables was $695.9 million in Q1 2022, with the low at -$358.0 million in Q3 2022.
- Historically, Change in Account Payables has averaged $33.6 million across 5 years, with a median of $54.7 million in 2020.
- Annual changes were most pronounced in 2020 — Change in Account Payables jumped 535.6% — and 2022, when it tumbled 932.83%.
- Wex's Change in Account Payables stood at -$273.5 million in 2019, then soared by 50.58% to -$135.2 million in 2020, then slumped by 95.63% to -$264.5 million in 2021, then grew by 16.92% to -$219.7 million in 2022, then declined by 23.81% to -$272.0 million in 2023.
- The last three Change in Account Payables figures came in at -$272.0 million (Q4 2023), $243.9 million (Q3 2023), and $103.2 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 2.32 Bn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 819.00 Mn |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | - |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 42.00 Mn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | -1.64 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | -26.00 Mn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | - |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | -17.30 Mn |
| 10 | Wex | 4.66 Bn | -744.15 Mn | 393.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -272.00 Mn |
| Dec 31, 2023 | -272.00 Mn |
| Sep 30, 2023 | 243.90 Mn |
| Sep 30, 2023 | 243.90 Mn |
| Jun 30, 2023 | 103.20 Mn |
| Jun 30, 2023 | 103.20 Mn |
| Mar 31, 2023 | 40.30 Mn |
| Mar 31, 2023 | 40.30 Mn |
| Dec 31, 2022 | -219.70 Mn |
| Dec 31, 2022 | -219.70 Mn |
| Sep 30, 2022 | -358.00 Mn |
| Sep 30, 2022 | -358.00 Mn |
| Jun 30, 2022 | 230.50 Mn |
| Jun 30, 2022 | 230.50 Mn |
| Mar 31, 2022 | 695.90 Mn |
| Mar 31, 2022 | 695.90 Mn |
| Dec 31, 2021 | -264.46 Mn |
| Dec 31, 2021 | -264.46 Mn |
| Sep 30, 2021 | 42.99 Mn |
| Sep 30, 2021 | 42.99 Mn |