XChange TEC.INC XHG
NASDAQ XHG
$3.26 +0.19 (+6.19%)
At close: Sep 9, 2026 · 4:00 PM EDT

XChange TEC.INC (XHG) Payables (2018 - 2026)

XChange TEC.INC (XHG) recorded quarterly Payables of $97.8 million in Q1 2026, little changed on a QoQ basis from $97.5 million in Q3 2025, and down 33.49% YoY from $147.1 million in Q1 2025.

Analysis

XChange TEC.INC (XHG) Payables (2018 - 2026) Analysis & Trends

XChange TEC.INC (XHG) has reported Payables for 9 consecutive years, with $97.8 million the latest figure, recorded in Q1 2026.

  • For the quarter ending Q1 2026, Payables fell 33.49% year-over-year to $97.8 million; the trailing twelve-month figure through Mar 2026 stood at $97.8 million (down 33.49% YoY), and the FY2025 full-year result was $97.5 million, up 1596.51% from the prior year.
  • Payables was $97.8 million for Q1 2026 at XChange TEC.INC, roughly flat from $97.5 million in the prior quarter.
  • The five-year high for Payables was $184.2 million in Q1 2024, with the low at $646589.6 in Q3 2023.
  • Historically, Payables has averaged $68.7 million across 5 years, with a median of $60.6 million in 2025.
  • Annual changes were most pronounced in 2023 — Payables plunged 96.51% — and 2025, when it surged 1591.3%.
  • Tracing XHG's Payables over 5 years: stood at $18.5 million in 2022, then slumped by 86.82% to $2.4 million in 2023, then surged by 136.0% to $5.8 million in 2024, then jumped by 1591.3% to $97.5 million in 2025, then climbed by 0.39% to $97.8 million in 2026.
  • Per Business Quant data, the three most recent Payables figures were $97.8 million in Q1 2026, $97.5 million in Q3 2025, and $147.1 million in Q1 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Marsh & Mclennan Companies 88.77 Bn 76.82 Bn 6.04 Bn 4.05 Bn
2 Aon 68.55 Bn 67.31 Bn - 2.27 Bn
3 Arthur J. Gallagher 67.32 Bn 65.96 Bn - 1.52 Bn
4 Willis Towers Watson 31.09 Bn 29.51 Bn 2.09 Bn 1.06 Bn
5 Brown & Brown 23.57 Bn 22.68 Bn 1.41 Bn 807.00 Mn
6 XChange TEC.INC 16.98 Bn 16.98 Bn - 97.84 Mn
7 Erie Indemnity 11.68 Bn 11.33 Bn - 273.87 Mn
8 Ryan Specialty Holdings 10.71 Bn 11.08 Bn - 340.82 Mn
9 Hagerty 4.65 Bn 4.78 Bn 244.11 Mn -
10 Neptune Insurance Holdings 4.58 Bn 4.56 Bn - 11.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 97.84 Mn
Sep 30, 2025 97.45 Mn
Mar 31, 2025 147.11 Mn
Sep 30, 2024 5.76 Mn
Mar 31, 2024 184.19 Mn
Dec 28, 2023 2.44 Mn
Sep 30, 2023 646,589.63
Mar 31, 2023 23.71 Mn
Sep 30, 2022 18.53 Mn
Mar 31, 2022 109.13 Mn
Sep 30, 2021 98.03 Mn
Mar 31, 2021 53.15 Mn
Sep 30, 2020 43.50 Mn
Mar 31, 2020 50.61 Mn
Sep 30, 2019 40.47 Mn
Sep 30, 2018 68.12 Mn