XChange TEC.INC (XHG) Payables (2017 - 2026)
XChange TEC.INC's (XHG) quarterly Payables came in at $98.2 million in Q1 2026, down 33.22% YoY from $147.1 million in Q1 2025, and up 0.81% on a QoQ basis from $97.5 million in Q3 2025.
XChange TEC.INC (XHG) Payables (2017 - 2026) Analysis & Trends
XChange TEC.INC (XHG) has 10 years of Payables data on file, last reported at $98.2 million in Q1 2026.
- Quarterly Payables fell 33.22% year-over-year to $98.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $98.2 million (down 33.22% YoY) and the FY2025 annual result came in at $97.5 million, down 36.58% from the prior year.
- Payables climbed to $98.2 million in Q1 2026, from $97.5 million in the prior quarter.
- In the past five years, Payables ranged from a high of $154.1 million in Q3 2024 to a low of $2.4 million in Q4 2023.
- A 5-year average of $61.5 million and a median of $42.6 million in 2023 frame the typical range for Payables.
- Annual changes were most pronounced in 2024 — Payables plunged 80.04% — and 2025, when it surged 2821.61%.
- Tracing XHG's Payables over 5 years: stood at $18.9 million in 2022, then tumbled by 87.08% to $2.4 million in 2023, then surged by 6212.75% to $154.1 million in 2024, then slumped by 36.77% to $97.5 million in 2025, then climbed by 0.81% to $98.2 million in 2026.
- The last three Payables figures came in at $98.2 million (Q1 2026), $97.5 million (Q3 2025), and $147.1 million (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 279.91 Bn | 279.90 Bn | - | 9.29 Mn |
| 2 | Marsh & Mclennan Companies | 91.40 Bn | 79.19 Bn | 6.04 Bn | 4.05 Bn |
| 3 | Aon | 75.07 Bn | 73.80 Bn | - | 2.27 Bn |
| 4 | Arthur J. Gallagher | 66.45 Bn | 65.07 Bn | - | 1.52 Bn |
| 5 | Willis Towers Watson | 32.02 Bn | 30.36 Bn | 2.09 Bn | 1.06 Bn |
| 6 | Brown & Brown | 23.72 Bn | 22.80 Bn | 1.41 Bn | 807.00 Mn |
| 7 | Erie Indemnity | 12.11 Bn | 11.77 Bn | - | 273.87 Mn |
| 8 | Neptune Insurance Holdings | 4.50 Bn | 4.48 Bn | - | 11.00 Mn |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 668.30 Mn |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | 24.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.24 Mn |
| Sep 30, 2025 | 97.45 Mn |
| Mar 31, 2025 | 147.11 Mn |
| Sep 30, 2024 | 154.13 Mn |
| Mar 31, 2024 | 5.04 Mn |
| Dec 28, 2023 | 2.44 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 | 67.50 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 |