Wex (WEX) Change in Account Payables (2009 - 2023)
Wex's (WEX) quarterly Change in Account Payables came in at -$272.0 million in 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.
Analysis
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.
- 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 fell to -$272.0 million in Q4 2023 per WEX's latest filing, from $243.9 million in the prior quarter.
- Across five years, Change in Account Payables topped out at $695.9 million in Q1 2022 and bottomed 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.
- The sharpest annual moves came in 2020 and 2022: Change in Account Payables surged 535.6% in 2020, then plunged 932.83% in 2022.
- Over 5 years, Change in Account Payables stood at -$273.5 million in 2019, then surged by 50.58% to -$135.2 million in 2020, then plunged by 95.63% to -$264.5 million in 2021, then rose by 16.92% to -$219.7 million in 2022, then retreated 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn | 163.50 Mn |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | 54.00 Mn |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn | - |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn | - |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn | - |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn | - |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 7.82 Mn |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn | -2.89 Mn |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn | 495.66 Mn |
| 10 | Sezzle | 4.00 Bn | 3.91 Bn | - | 523,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -272.00 Mn |
| Sep 30, 2023 | 243.90 Mn |
| Jun 30, 2023 | 103.20 Mn |
| Mar 31, 2023 | 40.30 Mn |
| Dec 31, 2022 | -219.70 Mn |
| Sep 30, 2022 | -358.00 Mn |
| Jun 30, 2022 | 230.50 Mn |
| Mar 31, 2022 | 695.90 Mn |
| Dec 31, 2021 | -264.46 Mn |
| Sep 30, 2021 | 42.99 Mn |
| Jun 30, 2021 | 123.91 Mn |
| Mar 31, 2021 | 350.56 Mn |
| Dec 31, 2020 | -135.18 Mn |
| Sep 30, 2020 | 66.50 Mn |
| Jun 30, 2020 | 85.40 Mn |
| Mar 31, 2020 | -200.43 Mn |
| Dec 31, 2019 | -273.51 Mn |
| Sep 30, 2019 | 10.46 Mn |
| Jun 30, 2019 | 156.58 Mn |
| Mar 31, 2019 | 245.66 Mn |