XChange TEC.INC (XHG) Payables (2017 - 2026)

XChange TEC.INC (XHG) posted Payables of $4.4 million for Q1 2026, down 95.5% on a QoQ basis from $97.5 million in Q3 2025, and down 63.54% year-over-year from $12.0 million in Q1 2025.

XChange TEC.INC (XHG) Payables (2017 - 2026) Analysis & Trends

XChange TEC.INC's Payables history runs 10 years deep, the most recent figure standing at $4.4 million for Q1 2026.

  • Quarterly Payables fell 63.54% year-over-year to $4.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.4 million (down 63.54% YoY) and the FY2025 annual result came in at $97.5 million, down 36.58% from the prior year.
  • Payables was $4.4 million for Q1 2026 at XChange TEC.INC, down from $97.5 million in the prior quarter.
  • Across five years, Payables topped out at $154.1 million in Q3 2024 and bottomed at $3.3 million in Q1 2024.
  • A 5-year average of $42.4 million and a median of $18.9 million in 2022 frame the typical range for Payables.
  • Peak annual rise in Payables reached 2398.86% in 2024, while the deepest fall reached 87.01% in 2024.
  • XChange TEC.INC's Payables stood at $18.9 million in 2022, then plunged by 67.35% to $6.2 million in 2023, then soared by 2398.86% to $154.1 million in 2024, then plunged by 36.77% to $97.5 million in 2025, then tumbled by 95.5% to $4.4 million in 2026.
  • Business Quant data shows XHG's Payables at $4.4 million in Q1 2026, $97.5 million in Q3 2025, and $12.0 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Marsh & Mclennan Companies 84.27 Bn 72.32 Bn 6.04 Bn 4.05 Bn
2 Aon 75.99 Bn 74.60 Bn - 2.21 Bn
3 Arthur J. Gallagher 62.23 Bn 60.85 Bn - 640.00 Mn
4 Willis Towers Watson 27.24 Bn 25.46 Bn 1.98 Bn 1.18 Bn
5 Brown & Brown 23.60 Bn 22.62 Bn 1.61 Bn 873.00 Mn
6 Neptune Insurance Holdings 4.12 Bn 4.11 Bn 26.44 Mn 8.69 Mn
7 Accelerant Holdings 3.06 Bn 1.55 Bn 48.00 Mn 660.00 Mn
8 Corvel 3.03 Bn 2.68 Bn 54.92 Mn 30.00 Mn
9 Baldwin Insurance 2.43 Bn 2.87 Bn - 285.87 Mn
10 XChange TEC.INC 51.96 Mn 50.25 Mn - 4.38 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.38 Mn
Sep 30, 2025 97.45 Mn
Mar 31, 2025 12.02 Mn
Sep 30, 2024 154.13 Mn
Mar 31, 2024 3.28 Mn
Sep 30, 2023 6.17 Mn
Mar 31, 2023 25.22 Mn
Sep 30, 2022 18.89 Mn
Mar 31, 2022 60.07 Mn
Sep 30, 2021 52.30 Mn
Mar 31, 2021 34.08 Mn
Sep 30, 2020 68.08 Mn
Mar 31, 2020 112.97 Mn
Sep 30, 2019 147.50 Mn
Sep 30, 2018 226.34 Mn
Sep 30, 2017 -117.72 Mn