Audiocodes (AUDC) Rent Expense (2023 - 2024)
Audiocodes (AUDC) posted Rent Expense of $342000.0 for Q1 2024, down 5.79% sequentially from $363000.0 in Q4 2023.
Audiocodes (AUDC) Rent Expense (2023 - 2024) Analysis & Trends
Audiocodes has reported Rent Expense for 2 years, with the latest figure at $342000.0 in Q1 2024.
- Quarterly Rent Expense changed N/A year-over-year to $342000.0 in Q1 2024, while the trailing twelve-month figure through Dec 2024 was $342000.0 (changed N/A YoY) and the FY2024 annual result came in at $342000.0, down 50.07% from the prior year.
- Rent Expense fell to $342000.0 in Q1 2024 per AUDC's latest filing, from $363000.0 in the prior quarter.
- Over five years, Rent Expense peaked at $363000.0 in Q4 2023 and troughed at $342000.0 in Q1 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | - |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | - |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | - |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | - |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | - |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | - |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | - |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | - |
| 10 | Audiocodes | 280.92 Mn | 235.39 Mn | 41.09 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 342,000.00 |
| Mar 31, 2024 | 342,000.00 |
| Dec 31, 2023 | 363,000.00 |
| Dec 31, 2023 | 363,000.00 |
| Sep 30, 2023 | 362,000.00 |
| Sep 30, 2023 | 362,000.00 |