Wix.com (BSP:W1IX34) Accounts Payable & Accrued Expense : R$645 Mil (As of Dec. 2023)

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What is Wix.com Accounts Payable & Accrued Expense?

Wix.com's quarterly accounts payable & accrued expense increased from Jun. 2023 (R$913 Mil) to Sep. 2023 (R$917 Mil) but then declined from Sep. 2023 (R$917 Mil) to Dec. 2023 (R$645 Mil).

Wix.com's annual accounts payable & accrued expense declined from Dec. 2021 (R$1,307 Mil) to Dec. 2022 (R$1,115 Mil) and declined from Dec. 2022 (R$1,115 Mil) to Dec. 2023 (R$645 Mil).

Wix.com Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wix.com's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wix.com Accounts Payable & Accrued Expense Chart

Wix.com Annual Data

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Accounts Payable & Accrued Expense

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483.55

882.29

1,306.64

1,115.45

644.77

Wix.com Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,115.45	1,159.13	912.59	917.10	644.77

Wix.com Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Wix.com (BSP:W1IX34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wix.com Ltd (BSP:W1IX34) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

WIX:USA WIX:Mexico W1X:Germany

Address

5 Yunitsman St., Tel Aviv, ISR, 6936025

Website

https://www.wix.com

Wix.com Ltd is a cloud-based development platform provider for millions of registered users worldwide. The company is engaged in web development and management that provides an easy-to-use powerful cloud-based platform of products through a freemium model. Its core products consist of three web editors: the Wix Editor, intended for users with basic technological skills, Wix ADI, intended for novice users and Corvid, intended for more tech-savvy users. The company's web development technology is built based on HTML5 and offers HTML5 compatible capabilities, web design and layout tools, domain hosting, and other marketing and workflow management applications and services. The geographic segments include North America, Europe, Latin America, Asia and others.

Wix.com (BSP:W1IX34) Headlines

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