Employees: NN (None)Legal category: SCA (commandite par actions)Size: PMECreation date: 2019-03-07 (7 years)Status: ActiveBusiness sector: Vente à distance sur catalogue généralLocation: MEILLONNAS (01370), Ain
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
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.
In 2023, WEX records a net loss of 0 €. This deficit will reduce equity on the balance sheet.
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
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
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2019
2020
2021
2022
2023
Liquidity ratio
76.531
213.498
233.494
312.645
289.074
Interest coverage
0.0
None
None
0.0
None
Sector positioning
Liquidity ratio
289.072023
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
0.0x2022
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
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2019
2020
2021
2022
2023
Operating WCR
0 €
0 €
0 €
76 340 €
0 €
Inventory turnover (days)
0
0
0
0
0
Customer payment term (days)
0
4406
1369
68
3034
Supplier payment term (days)
324
739
260
4
887
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:
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.
Item evolution
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