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
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