Wipro (WIT) Change in Account Payables (2015 - 2023)
Wipro (WIT) reported Change in Account Payables of -$38.8 million for Q3 2023, down 125.88% year-over-year from $150.0 million in Q3 2022, and up 60.4% quarter-over-quarter from -$98.0 million in Q2 2023.
Wipro (WIT) Change in Account Payables (2015 - 2023) Analysis & Trends
Wipro (WIT) has 9 years of Change in Account Payables data on file, last reported at -$38.8 million in Q3 2023.
- Change in Account Payables for Q3 2023 came in at -$38.8 million, down 125.88% year-over-year; the trailing twelve-month figure through Sep 2023 was -$222.6 million (down 505.07% YoY), and the FY2024 annual result was -$5.0 million, up 95.83% from the prior year.
- Change in Account Payables climbed to -$38.8 million in Q3 2023 per WIT's latest filing, from -$98.0 million in the prior quarter.
- Over five years, Change in Account Payables peaked at $177.9 million in Q1 2022 and troughed at -$191.2 million in Q2 2022.
- A 5-year average of -$4.3 million and a median of -$9.8 million in 2019 frame the typical range for Change in Account Payables.
- The sharpest annual moves came in 2021 and 2022: Change in Account Payables slumped 2176.52% in 2021, then surged 1289.04% in 2022.
- A 5-year view of Change in Account Payables shows it stood at -$59.1 million in 2019, then jumped by 106.67% to $3.9 million in 2020, then tumbled by 2176.52% to -$81.8 million in 2021, then slipped by 4.34% to -$85.4 million in 2022, then jumped by 54.54% to -$38.8 million in 2023.
- Business Quant data shows WIT's Change in Account Payables at -$38.8 million in Q3 2023, -$98.0 million in Q2 2023, and -$389275.3 in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | - |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | - |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 92.55 Mn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 25.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | - |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | - |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 341.30 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | - |
| 10 | Caci International | 11.74 Bn | 11.58 Bn | 797.83 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -38.81 Mn |
| Sep 30, 2023 | -38.81 Mn |
| Jun 30, 2023 | -98.01 Mn |
| Jun 30, 2023 | -98.01 Mn |
| Mar 31, 2023 | -389,275.27 |
| Mar 31, 2023 | -389,275.27 |
| Dec 31, 2022 | -85.37 Mn |
| Dec 31, 2022 | -85.37 Mn |
| Sep 30, 2022 | 149.97 Mn |
| Sep 30, 2022 | 149.97 Mn |
| Jun 30, 2022 | -191.15 Mn |
| Jun 30, 2022 | -191.15 Mn |
| Mar 31, 2022 | 177.94 Mn |
| Mar 31, 2022 | 177.94 Mn |
| Dec 31, 2021 | -81.81 Mn |
| Dec 31, 2021 | -81.81 Mn |
| Sep 30, 2021 | 10.80 Mn |
| Sep 30, 2021 | 10.80 Mn |
| Jun 30, 2021 | 22.31 Mn |
| Jun 30, 2021 | 22.31 Mn |