Wix.com (WIX) Change in Working Capital (2013 - 2023)
Wix.com (WIX) posted Change in Working Capital of -$10.4 million for Q1 2023, up 73.4% sequentially from -$39.0 million in Q4 2022, and up 95.44% YoY from -$5.3 million in Q1 2022.
Wix.com (WIX) Change in Working Capital (2013 - 2023) Analysis & Trends
Wix.com (WIX) has 11 years of Change in Working Capital data on file, last reported at -$10.4 million in Q1 2023.
- Quarterly Change in Working Capital rose 95.44% year-over-year to -$10.4 million in Q1 2023, while the trailing twelve-month figure through Mar 2023 was -$385.7 million (down 36.91% YoY) and the FY2022 annual result came in at -$424.9 million, down 262.48% from the prior year.
- Change in Working Capital climbed to -$10.4 million in Q1 2023 per WIX's latest filing, from -$39.0 million in the prior quarter.
- The five-year high for Change in Working Capital was $39.2 million in Q1 2020, with the low at -$227.3 million in Q1 2022.
- Average Change in Working Capital over 5 years is -$31.7 million, with a median of -$21.6 million recorded in 2019.
- Year-over-year, Change in Working Capital soared 396.7% in 2019 and slumped 1054.57% in 2021.
- Wix.com's Change in Working Capital stood at -$21.6 million in 2019, then jumped by 152.95% to $11.4 million in 2020, then tumbled by 1054.57% to -$109.0 million in 2021, then soared by 64.26% to -$39.0 million in 2022, then surged by 73.4% to -$10.4 million in 2023.
- Business Quant data shows WIX's Change in Working Capital at -$10.4 million in Q1 2023, -$39.0 million in Q4 2022, and -$227.3 million in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | - |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | - |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | - |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | - |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | - |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | - |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | - |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | - |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | - |
| 10 | Wix.com | 5.77 Bn | 4.10 Bn | 353.37 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | -10.37 Mn |
| Mar 31, 2023 | -10.37 Mn |
| Dec 31, 2022 | -38.98 Mn |
| Dec 31, 2022 | -38.98 Mn |
| Mar 31, 2022 | -227.29 Mn |
| Mar 31, 2022 | -227.29 Mn |
| Dec 31, 2021 | -109.04 Mn |
| Dec 31, 2021 | -109.04 Mn |
| Sep 30, 2021 | 16.67 Mn |
| Sep 30, 2021 | 16.67 Mn |
| Jun 30, 2021 | 37.96 Mn |
| Jun 30, 2021 | 37.96 Mn |
| Mar 31, 2021 | -62.11 Mn |
| Mar 31, 2021 | -62.11 Mn |
| Dec 31, 2020 | 11.42 Mn |
| Dec 31, 2020 | 11.42 Mn |
| Sep 30, 2020 | -56.84 Mn |
| Sep 30, 2020 | -56.84 Mn |
| Jun 30, 2020 | -57.74 Mn |
| Jun 30, 2020 | -57.74 Mn |