Magnera (MAGN) Change in Accured Expenses (2010 - 2023)
Magnera's (MAGN) quarterly Change in Accured Expenses came in at $11.4 million in 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.
Analysis
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.
- On a quarterly basis, Change in Accured Expenses fell 12.74% year-over-year to $11.4 million in Q3 2023; TTM through Sep 2023 was $4.5 million, a 135.68% increase from a year earlier, with the FY2025 full-year figure at -$17.0 million, down 142.5% from the prior year.
- Change in Accured Expenses was $11.4 million for Q3 2023 at Magnera, up from -$3.9 million in the prior quarter.
- Over five years, Change in Accured Expenses peaked at $13.0 million in Q3 2022 and troughed at -$17.9 million in Q2 2022.
- A 5-year average of -$573000.0 and a median of -$2.2 million in 2020 frame the typical range for Change in Accured Expenses.
- Across the five-year window, Change in Accured Expenses slumped 1062.36% in 2019 and surged 695.57% in 2023, its largest moves.
- Over 5 years, Change in Accured Expenses stood at -$13.6 million in 2019, then soared by 186.91% to $11.9 million in 2020, then plunged by 174.66% to -$8.9 million in 2021, then declined by 18.3% to -$10.5 million in 2022, then soared by 208.65% to $11.4 million in 2023.
- The last three Change in Accured Expenses figures came in at $11.4 million (Q3 2023), -$3.9 million (Q2 2023), and $7.6 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.42 Bn | 142.92 Bn | 1.63 Bn | 275.00 Mn |
| 2 | Ati | 28.33 Bn | 27.54 Bn | 309.80 Mn | - |
| 3 | Qnity Electronics | 26.44 Bn | 25.48 Bn | 666.00 Mn | 110.00 Mn |
| 4 | International Flavors & Fragrances | 21.63 Bn | 21.06 Bn | 853.00 Mn | 77.00 Mn |
| 5 | DuPont de Nemours | 17.55 Bn | 15.81 Bn | 639.00 Mn | - |
| 6 | Avery Dennison | 13.07 Bn | 12.84 Bn | 729.40 Mn | - |
| 7 | Solstice Advanced Materials | 10.13 Bn | 9.38 Bn | 370.00 Mn | 12.00 Mn |
| 8 | Element Solutions | 8.78 Bn | 8.59 Bn | 334.00 Mn | 5.50 Mn |
| 9 | Eastman Chemical | 7.87 Bn | 7.18 Bn | 560.00 Mn | - |
| 10 | Magnera | 416.08 Mn | 136.08 Mn | 112.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 11.38 Mn |
| Jun 30, 2023 | -3.92 Mn |
| Mar 31, 2023 | 7.55 Mn |
| Dec 31, 2022 | -10.47 Mn |
| Sep 30, 2022 | 13.04 Mn |
| Jun 30, 2022 | -17.86 Mn |
| Mar 31, 2022 | 949,000.00 |
| Dec 31, 2021 | -8.85 Mn |
| Sep 30, 2021 | 10.53 Mn |
| Jun 30, 2021 | -2.39 Mn |
| Mar 31, 2021 | -3.45 Mn |
| Dec 31, 2020 | 11.86 Mn |
| Sep 30, 2020 | -2.23 Mn |
| Jun 30, 2020 | 5.44 Mn |
| Mar 31, 2020 | -2.93 Mn |
| Dec 31, 2019 | -13.65 Mn |
| Sep 30, 2019 | 6.37 Mn |
| Jun 30, 2019 | 3.70 Mn |
| Mar 31, 2019 | -15.96 Mn |
| Dec 31, 2018 | -27.75 Mn |