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
DateValue
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