Wipro (WIT) Change in Account Payables (2009 - 2023)

Wipro (WIT) has reported Change in Account Payables for 10 consecutive years, with -$34.6 million the latest figure, recorded in Q3 2023.

• Quarterly Change in Account Payables fell 126.83% year-over-year to -$34.6 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was -$197.5 million (down 509.69% YoY) and the FY2024 annual result came in at -$5.0 million, up 95.83% from the prior year.
• Change in Account Payables rose to -$34.6 million in Q3 2023 per WIT's latest filing, from -$86.9 million in the prior quarter.
• Over the last five years, Change in Account Payables for WIT reached as high as $144.4 million in Q1 2022 and fell as low as -$159.1 million in Q2 2022.
• A 5-year average of -$4.2 million and a median of -$7.5 million in 2019 frame the typical range for Change in Account Payables.
• Annual changes were most pronounced in 2021 — Change in Account Payables plunged 2206.53% — and 2022, when it surged 1394.62%.
• Year by year, Change in Account Payables stood at -$45.5 million in 2019, then jumped by 106.91% to $3.1 million in 2020, then tumbled by 2206.53% to -$66.1 million in 2021, then decreased by 14.34% to -$75.6 million in 2022, then jumped by 54.23% to -$34.6 million in 2023.
• According to Business Quant data, Change in Account Payables over the past three periods registered -$34.6 million, -$86.9 million, and -$345311.3 for Q3 2023, Q2 2023, and Q1 2023 respectively.