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
DateValue
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