XChange TEC.INC (XHG) Payables (2018 - 2025)
XChange TEC.INC (XHG) reported Payables of $8.7 million for Q3 2025, down 94.38% year-on-year from $154.1 million in Q3 2024, and down 94.11% quarter-over-quarter from $147.1 million in Q1 2025.
XChange TEC.INC (XHG) has 8 years of Payables data on file, last reported at $8.7 million in Q3 2025.
- For the quarter ending Q3 2025, Payables fell 94.38% year-over-year to $8.7 million; the trailing twelve-month figure through Sep 2025 stood at $8.7 million (down 94.38% YoY), and the FY2025 full-year result was $98.0 million, up 1273.77% from the prior year.
- Payables for Q3 2025 stood at $8.7 million, down from $147.1 million in the prior quarter.
- Across five years, Payables topped out at $182.4 million in Q1 2024 and bottomed at $1.5 million in Q3 2022.
- A 5-year average of $90.1 million and a median of $91.2 million in 2021 frame the typical range for Payables.
- Across the five-year window, Payables tumbled 97.2% in 2022 and jumped 2398.86% in 2024, its largest moves.
- Tracing XHG's Payables over 5 years: stood at $52.3 million in 2021, then plunged by 97.2% to $1.5 million in 2022, then soared by 321.87% to $6.2 million in 2023, then jumped by 2398.86% to $154.1 million in 2024, then plunged by 94.38% to $8.7 million in 2025.
- According to Business Quant data, Payables over the past three periods registered $8.7 million, $147.1 million, and $154.1 million for Q3 2025, Q1 2025, and Q3 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 2.21 Bn |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 640.00 Mn |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 1.17 Bn |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 873.00 Mn |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | 8.66 Mn |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 660.00 Mn |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | - |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | 285.87 Mn |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 31.00 Mn |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 8.66 Mn |
| Mar 31, 2025 | 147.11 Mn |
| Sep 30, 2024 | 154.13 Mn |
| Mar 31, 2024 | 182.42 Mn |
| Sep 30, 2023 | 6.17 Mn |
| Mar 31, 2023 | 42.74 Mn |
| Sep 30, 2022 | 1.46 Mn |
| Mar 31, 2022 | 175.78 Mn |
| Sep 30, 2021 | 52.30 Mn |
| Mar 31, 2021 | 130.06 Mn |
| Sep 30, 2020 | 68.08 Mn |
| Mar 31, 2020 | 110.20 Mn |
| Sep 30, 2019 | 147.50 Mn |
| Sep 30, 2018 | 226.34 Mn |