Xp (XP) Change in Working Capital (2019 - 2024)
Xp (XP) posted Change in Working Capital of -$971.7 million for Q1 2024, down 288.42% on a QoQ basis from $515.7 million in Q1 2023, and down 288.42% year-over-year from $515.7 million in Q2 2023.
Analysis
Xp (XP) Change in Working Capital (2019 - 2024) Analysis & Trends
Xp has reported Change in Working Capital for 6 years, with the latest figure at -$971.7 million in Q1 2024.
- On a quarterly basis, Change in Working Capital fell 288.42% year-over-year to -$971.7 million in Q1 2024; TTM through Mar 2024 was -$455.2 million, a 258.45% decrease from a year earlier, with the FY2019 full-year figure at $51.3 million, up 4980.76% from the prior year.
- Change in Working Capital was -$971.7 million for Q1 2024 at Xp, down from $515.7 million in the prior quarter.
- The five-year high for Change in Working Capital was $515.7 million in Q1 2023, with the low at -$971.7 million in Q1 2024.
- Average Change in Working Capital over 5 years is -$56.0 million, with a median of $110892.7 recorded in 2020.
- The sharpest annual moves came in 2020 and 2021: Change in Working Capital jumped 308631.34% in 2020, then slumped 529623.36% in 2021.
- Over 5 years, Change in Working Capital stood at $153736.6 in 2020, then jumped by 5730.8% to $9.0 million in 2021, then sank by 1147.64% to -$93.9 million in 2022, then soared by 649.16% to $515.7 million in 2023, then tumbled by 288.42% to -$971.7 million in 2024.
- The last three Change in Working Capital figures came in at -$971.7 million (Q1 2024), $515.7 million (Q1 2023), and -$93.9 million (Q3 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn | - |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - | - |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - | - |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn | - |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - | - |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn | - |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn | - |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn | - |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - | - |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | -971.71 Mn |
| Mar 31, 2023 | 515.72 Mn |
| Sep 30, 2022 | -93.91 Mn |
| Jun 30, 2022 | 94.70 Mn |
| Mar 31, 2022 | -229.23 Mn |
| Dec 31, 2021 | 8.96 Mn |
| Sep 30, 2021 | -152.78 Mn |
| Jun 30, 2021 | 155,247.21 |
| Mar 31, 2021 | 115.23 Mn |
| Dec 31, 2020 | 153,736.63 |
| Sep 30, 2020 | 28,852.80 |
| Jun 30, 2020 | 110,892.75 |
| Mar 31, 2020 | -15.65 Mn |
| Dec 31, 2019 | 44.48 Mn |
| Sep 30, 2019 | 9.35 |
| Mar 31, 2019 | -23.39 Mn |