Wex (WEX) Change in Account Payables (2009 - 2023)
Wex (WEX) posted Change in Account Payables of -$272.0 million for Q4 2023, down 211.52% quarter-over-quarter from $243.9 million in Q3 2023, and down 23.81% year-on-year from -$357.0 million in Q4 2022.
Wex (WEX) Change in Account Payables (2009 - 2023) Analysis & Trends
Wex (WEX) has reported Change in Account Payables for 15 consecutive years, with -$272.0 million the latest figure, recorded in Q4 2023.
- Change in Account Payables for Q4 2023 came in at -$272.0 million, down 23.81% year-over-year; the trailing twelve-month figure through Dec 2023 was $115.4 million (down 66.91% YoY), and the FY2025 annual result was -$20.1 million, up 94.93% from the prior year.
- Change in Account Payables was -$272.0 million for Q4 2023 at Wex, down from $243.9 million in the prior quarter.
- Over five years, Change in Account Payables peaked at $695.9 million in Q1 2022 and troughed at -$358.0 million in Q3 2022.
- Average Change in Account Payables over 5 years is $33.6 million, with a median of $54.7 million recorded in 2020.
- Year-over-year, Change in Account Payables soared 535.6% in 2020 and sank 932.83% in 2022.
- Over 5 years, Change in Account Payables stood at -$273.5 million in 2019, then soared by 50.58% to -$135.2 million in 2020, then sank by 95.63% to -$264.5 million in 2021, then gained by 16.92% to -$219.7 million in 2022, then decreased by 23.81% to -$272.0 million in 2023.
- Per Business Quant data, the three most recent Change in Account Payables figures were -$272.0 million in Q4 2023, $243.9 million in Q3 2023, and $103.2 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 2.32 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | - |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | - |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 42.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | -1.64 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | -26.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -17.30 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | - |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -122.40 Mn |
| 10 | Wex | 4.92 Bn | -486.44 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 |