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
DateValue
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