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% YoY 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 15 years of Change in Account Payables data on file, last reported at -$272.0 million 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 slipped to -$272.0 million in Q4 2023, from $243.9 million in the prior quarter.
- In the past five years, Change in Account Payables ranged from a high of $695.9 million in Q1 2022 to a low of -$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 jumped 535.6% — and 2022, when it tumbled 932.83%.
- Tracing WEX's Change in Account Payables over 5 years: 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 | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 2.37 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 10.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 75.70 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 18.50 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | - |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | - |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 163.50 Mn |
| 10 | Wex | 6.67 Bn | 568.61 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 |