Wex Payables Turnover from 2010 to 2025

WEX Stock  USD 154.08  3.51  2.23%   
Wex Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover is likely to outpace its year average in 2025. Payables Turnover is a liquidity ratio that shows how quickly Wex Inc pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
1.08922011
Current Value
1.14
Quarterly Volatility
0.29333279
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 337.4 M, Interest Expense of 247.7 M or Selling General Administrative of 193.4 M, as well as many indicators such as Price To Sales Ratio of 4.6, Dividend Yield of 0.33 or PTB Ratio of 4.59. Wex financial statements analysis is a perfect complement when working with Wex Valuation or Volatility modules.
  
Check out the analysis of Wex Correlation against competitors.

Latest Wex's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Wex Inc over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Wex's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wex's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Wex Payables Turnover Regression Statistics

Arithmetic Mean0.71
Geometric Mean0.58
Coefficient Of Variation41.11
Mean Deviation0.21
Median0.76
Standard Deviation0.29
Sample Variance0.09
Range1.1169
R-Value0.73
Mean Square Error0.04
R-Squared0.53
Significance0
Slope0.04
Total Sum of Squares1.29

Wex Payables Turnover History

2025 1.14
2024 1.09
2023 0.8
2022 0.76
2021 0.69
2020 0.87

About Wex Financial Statements

Wex investors use historical fundamental indicators, such as Wex's Payables Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Wex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payables Turnover 1.09  1.14 

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Additional Tools for Wex Stock Analysis

When running Wex's price analysis, check to measure Wex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wex is operating at the current time. Most of Wex's value examination focuses on studying past and present price action to predict the probability of Wex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wex's price. Additionally, you may evaluate how the addition of Wex to your portfolios can decrease your overall portfolio volatility.