ACV Auctions (ACVA) Change in Accured Expenses (2020 - 2022)

ACV Auctions (ACVA) has reported Change in Accured Expenses for 3 consecutive years, with -$5.7 million the latest figure, recorded in Q4 2022.

• For the quarter ending Q4 2022, Change in Accured Expenses fell 2827.18% year-over-year to -$5.7 million; the trailing twelve-month figure through Dec 2022 stood at -$6.0 million (down 247.6% YoY), and the FY2022 full-year result was -$6.0 million, down 247.6% from the prior year.
• Change in Accured Expenses declined to -$5.7 million in Q4 2022 per ACVA's latest filing, from -$1.2 million in the prior quarter.
• Across five years, Change in Accured Expenses topped out at $5.0 million in Q1 2022 and bottomed at -$5.7 million in Q4 2022.
• Historically, Change in Accured Expenses has averaged $180000.0 across 3 years, with a median of $255000.0 in 2021.
• The sharpest annual moves came in 2021 and 2022: Change in Accured Expenses jumped 104.91% in 2021, then slumped 2827.18% in 2022.
• Over 3 years, Change in Accured Expenses stood at $1.2 million in 2020, then plunged by 115.98% to -$195000.0 in 2021, then plunged by 2827.18% to -$5.7 million in 2022.
• According to Business Quant data, Change in Accured Expenses over the past three periods registered -$5.7 million, -$1.2 million, and -$4.1 million for Q4 2022, Q3 2022, and Q2 2022 respectively.