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Wise (FRA:6WS) Accounts Payable & Accrued Expense : €20,875 Mil (As of Mar. 2025)


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What is Wise Accounts Payable & Accrued Expense?

Wise's quarterly accounts payable & accrued expense increased from Mar. 2024 (€16,107 Mil) to Sep. 2024 (€18,027 Mil) and increased from Sep. 2024 (€18,027 Mil) to Mar. 2025 (€20,875 Mil).

Wise's annual accounts payable & accrued expense increased from Mar. 2023 (€12,431 Mil) to Mar. 2024 (€16,107 Mil) and increased from Mar. 2024 (€16,107 Mil) to Mar. 2025 (€20,875 Mil).


Wise Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wise'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.

* Premium members only.

Wise Accounts Payable & Accrued Expense Chart

Wise Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 4,505.13 8,383.03 12,430.70 16,107.13 20,875.12

Wise Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,430.70 14,730.38 16,107.13 18,026.79 20,875.12

Wise 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.


Wise Business Description

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Address
56 Shoreditch High Street, 6th Floor, Tea Building, London, GBR, E1 6JJ
Wise is a currency conversion platform matching where possible offsetting currency transactions across borders to reduce costs. The group focuses primarily on private clients and small and midsize enterprises, but is building out its platform business aimed at providing its services as a backend solution to banks. By operating local accounts in each jurisdiction Wise sends money to or receives money from, this fintech offers faster and cheaper currency transfer services than incumbents (banks). Wise has started to broaden its product offering, issuing its clients debit cards and allowing customers to invest funds into various asset-management products.

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