Wex (WEX) Change in Account Payables (2009 - 2023)
Wex (WEX) posted quarterly Change in Account Payables of -$272.0 million for Q4 2023, down 23.81% year-on-year from -$357.0 million in Q4 2022, and down 211.52% on a QoQ basis from $243.9 million in Q3 2023.
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.
- Quarterly Change in Account Payables fell 23.81% year-over-year to -$272.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $115.4 million (down 66.91% YoY) and the FY2025 annual result came in at -$20.1 million, up 94.93% from the prior year.
- Change in Account Payables fell to -$272.0 million in Q4 2023 per WEX's latest filing, from $243.9 million in the prior quarter.
- Over the last five years, Change in Account Payables for WEX reached as high as $695.9 million in Q1 2022 and fell as low as -$358.0 million in Q3 2022.
- A 5-year average of $33.6 million and a median of $54.7 million in 2020 frame the typical range for Change in Account Payables.
- Annual changes were most pronounced in 2020 — Change in Account Payables surged 535.6% — and 2022, when it slumped 932.83%.
- Year by year, Change in Account Payables stood at -$273.5 million in 2019, then soared by 50.58% to -$135.2 million in 2020, then tumbled 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.
- According to Business Quant data, Change in Account Payables over the past three periods registered -$272.0 million, $243.9 million, and $103.2 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,891.16 Bn | 2,766.73 Bn | 56.06 Bn | 2.32 Bn |
| 2 | PagSeguro Digital | 2,685.31 Bn | 2,685.31 Bn | 358.92 Mn | 1.88 Bn |
| 3 | Repay Holdings | 347.25 Bn | 347.10 Bn | - | - |
| 4 | Oracle | 339.38 Bn | 307.49 Bn | - | - |
| 5 | Palantir Technologies | 297.85 Bn | 289.82 Bn | 1.42 Bn | - |
| 6 | Palo Alto Networks | 221.94 Bn | 217.41 Bn | 1.91 Bn | 42.00 Mn |
| 7 | CrowdStrike Holdings | 182.12 Bn | 179.02 Bn | 993.68 Mn | -1.64 Mn |
| 8 | Fortinet | 108.92 Bn | 105.62 Bn | 1.49 Bn | -26.00 Mn |
| 9 | Cloudflare | 95.44 Bn | 94.50 Bn | 455.60 Mn | -17.30 Mn |
| 10 | Wex | 6.48 Bn | 380.70 Mn | 463.80 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 |