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WEX : revenue, balance sheet and financial ratios

WEX is a French company founded 7 years ago, specialized in the sector Vente à distance sur catalogue général. Based in MEILLONNAS (01370), this company of category PME shows in 2022 a revenue of 493 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - WEX (SIREN 849497458)
Indicator 2023 2022 2021 2020 2019
Revenue N/C 492 612 € N/C N/C N/C
Net income 0 € 57 940 € 0 € 0 € -2 547 €
EBITDA N/C 73 257 € N/C N/C -2 547 €
Net margin N/C 11.8% N/C N/C N/C

Revenue and income statement

In 2023, WEX records a net loss of 0 €. This deficit will reduce equity on the balance sheet.

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Chart evolution

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Assets

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Liabilities

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Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 289.07. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

289.074

Liquidity indicators evolution
WEX

Sector positioning

Liquidity ratio
289.07 2023
2021
2022
2023
Q1: 92.37
Med: 168.72
Q3: 354.82
Good +5 pts over 3 years

In 2023, the liquidity ratio of WEX (289.07) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.0x 2022
2022
Q1: 0.0x
Med: 0.0x
Q3: 0.2x
Average

In 2022, the interest coverage of WEX (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 3034 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 887 days. The gap of 2147 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow.

Operating WCR (2023) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

0 €

Customer credit (2023) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

3034 j

Supplier credit (2023) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

887 j

Inventory turnover (2023) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR and payment terms evolution
WEX

Positioning of WEX in its sector

Comparison with sector Vente à distance sur catalogue général

Similar companies (Vente à distance sur catalogue général)

Compare WEX with other companies in the same sector:

Frequently asked questions about WEX

What is the revenue of WEX ?

The revenue of WEX in 2022 is 493 k€.

Is WEX profitable?

Yes, WEX generated a net profit of 58 k€ in 2022.

Where is the headquarters of WEX ?

The headquarters of WEX is located in MEILLONNAS (01370), in the department Ain.

Where to find the tax return of WEX ?

The tax return of WEX is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does WEX operate?

WEX operates in the sector Vente à distance sur catalogue général (NAF code 47.91A). See the 'Sector positioning' section above to compare the company with its competitors.