Magnera (MAGN) Change in Accured Expenses (2010 - 2023)
Magnera (MAGN) posted quarterly Change in Accured Expenses of $11.4 million for Q3 2023, down 12.74% year-over-year from $13.0 million in Q3 2022, and up 390.53% quarter-over-quarter from -$3.9 million in Q2 2023.
Magnera (MAGN) Change in Accured Expenses (2010 - 2023) Analysis & Trends
Magnera (MAGN) has reported Change in Accured Expenses for 14 consecutive years, with $11.4 million the latest figure, recorded in Q3 2023.
- In Q3 2023, Change in Accured Expenses fell 12.74% year-over-year to $11.4 million; the TTM figure through Sep 2023 stood at $28.1 million (up 320.52% YoY), while the FY2025 annual figure was -$17.0 million, down 142.5% from the prior year.
- Change in Accured Expenses advanced to $11.4 million in Q3 2023 per MAGN's latest filing, from -$3.9 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $13.0 million in Q3 2022 and bottomed at -$17.9 million in Q2 2022.
- Historically, Change in Accured Expenses has averaged -$22944.4 across 5 years, with a median of -$638500.0 in 2020.
- Annual changes were most pronounced in 2019 — Change in Accured Expenses sank 1062.36% — and 2023, when it soared 695.57%.
- Magnera's Change in Accured Expenses stood at -$13.6 million in 2019, then surged by 186.91% to $11.9 million in 2020, then plunged by 174.66% to -$8.9 million in 2021, then jumped by 247.3% to $13.0 million in 2022, then retreated by 12.74% to $11.4 million in 2023.
- Business Quant data shows MAGN's Change in Accured Expenses at $11.4 million in Q3 2023, -$3.9 million in Q2 2023, and $7.6 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | - |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | - |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | 197.00 Mn |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | - |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | 258.00 Mn |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | 26.10 Mn |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | 50.00 Mn |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | - |
| 10 | Magnera | 437.98 Mn | 157.98 Mn | 112.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 11.38 Mn |
| Sep 30, 2023 | 11.38 Mn |
| Jun 30, 2023 | -3.92 Mn |
| Jun 30, 2023 | -3.92 Mn |
| Mar 31, 2023 | 7.55 Mn |
| Mar 31, 2023 | 7.55 Mn |
| Sep 30, 2022 | 13.04 Mn |
| Sep 30, 2022 | 13.04 Mn |
| Jun 30, 2022 | -17.86 Mn |
| Jun 30, 2022 | -17.86 Mn |
| Mar 31, 2022 | 949,000.00 |
| Mar 31, 2022 | 949,000.00 |
| Dec 31, 2021 | -8.85 Mn |
| Dec 31, 2021 | -8.85 Mn |
| Sep 30, 2021 | 10.53 Mn |
| Sep 30, 2021 | 10.53 Mn |
| Jun 30, 2021 | -2.39 Mn |
| Jun 30, 2021 | -2.39 Mn |
| Mar 31, 2021 | -3.45 Mn |
| Mar 31, 2021 | -3.45 Mn |