Wex (WEX) Other Working Capital Changes (2009 - 2023)
Wex (WEX) posted quarterly Other Working Capital Changes of -$72.0 million for Q4 2023, down 495.6% year-on-year from $18.2 million in Q4 2022, and down 5042.86% on a QoQ basis from -$1.4 million in Q3 2023.
Wex (WEX) Other Working Capital Changes (2009 - 2023) Analysis & Trends
Wex (WEX) has reported Other Working Capital Changes for 15 consecutive years, with -$72.0 million the latest figure, recorded in Q4 2023.
- Quarterly Other Working Capital Changes fell 495.6% year-over-year to -$72.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was -$44.3 million (down 250.68% YoY) and the FY2025 annual result came in at -$5.2 million, down 111.79% from the prior year.
- Other Working Capital Changes fell to $345.1 million in Q2 2026 per WEX's latest filing, from $548.3 million in the prior quarter.
- Over the last five years, Other Working Capital Changes for WEX reached as high as $661.3 million in Q1 2025 and fell as low as -$125.3 million in Q3 2025.
- A 4-year average of $244.9 million and a median of $213.9 million in 2024 frame the typical range for Other Working Capital Changes.
- Annual changes were most pronounced in 2019 — Other Working Capital Changes slumped 3771.41% — and 2022, when it surged 239.56%.
- Year by year, Other Working Capital Changes stood at $188.3 million in 2023, then advanced by 13.6% to $213.9 million in 2024, then tumbled by 158.58% to -$125.3 million in 2025, then jumped by 375.42% to $345.1 million in 2026.
- According to Business Quant data, Other Working Capital Changes over the past three periods registered $345.1 million, $548.3 million, and -$125.3 million for Q2 2026, Q1 2026, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,920.72 Bn | 2,796.28 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,685.31 Bn | 2,685.31 Bn | 358.92 Mn |
| 3 | Oracle | 336.16 Bn | 304.27 Bn | - |
| 4 | Repay Holdings | 334.04 Bn | 333.89 Bn | - |
| 5 | Palantir Technologies | 296.67 Bn | 288.65 Bn | 1.42 Bn |
| 6 | Palo Alto Networks | 221.87 Bn | 217.33 Bn | 1.91 Bn |
| 7 | CrowdStrike Holdings | 180.59 Bn | 177.49 Bn | 993.68 Mn |
| 8 | Fortinet | 108.12 Bn | 104.82 Bn | 1.49 Bn |
| 9 | Cloudflare | 93.22 Bn | 92.27 Bn | 455.60 Mn |
| 10 | Wex | 6.54 Bn | 436.92 Mn | 463.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -72.00 Mn |
| Dec 31, 2023 | -72.00 Mn |
| Dec 31, 2023 | -72.00 Mn |
| Sep 30, 2023 | -1.40 Mn |
| Sep 30, 2023 | -1.40 Mn |
| Sep 30, 2023 | -1.40 Mn |
| Jun 30, 2023 | 19.00 Mn |
| Jun 30, 2023 | 19.00 Mn |
| Jun 30, 2023 | 19.00 Mn |
| Mar 31, 2023 | 10.10 Mn |
| Mar 31, 2023 | 10.10 Mn |
| Mar 31, 2023 | 10.10 Mn |
| Dec 31, 2022 | 18.20 Mn |
| Dec 31, 2022 | 18.20 Mn |
| Dec 31, 2022 | 18.20 Mn |
| Sep 30, 2022 | 2.20 Mn |
| Sep 30, 2022 | 2.20 Mn |
| Sep 30, 2022 | 2.20 Mn |
| Jun 30, 2022 | 35.20 Mn |
| Jun 30, 2022 | 35.20 Mn |