Pitney Bowes Inc /De/ (PBI-PB) Change in Accured Expenses (2009 - 2021)

Pitney Bowes (PBI-PB) has reported Change in Accured Expenses for 13 consecutive years, with $27.8 million the latest figure, recorded in Q3 2021.

• In Q3 2021, Change in Accured Expenses fell 28.11% year-over-year to $27.8 million; the TTM figure through Sep 2021 stood at $53.1 million (up 53.42% YoY), while the FY2020 annual figure was $94.9 million, up 329.56% from the prior year.
• Change in Accured Expenses improved to $27.8 million in Q3 2021 per PBI-PB's latest filing, from -$2.0 million in the prior quarter.
• Across five years, Change in Accured Expenses topped out at $81.4 million in Q4 2020 and bottomed at -$104.6 million in Q1 2020.
• Historically, Change in Accured Expenses has averaged $3.5 million across 5 years, with a median of $20.1 million in 2017.
• Annual changes were most pronounced in 2019 — Change in Accured Expenses jumped 308.36% — and 2020, when it tumbled 597.69%.
• Pitney Bowes' Change in Accured Expenses stood at $20.1 million in 2017, then jumped by 280.06% to $76.5 million in 2018, then slumped by 72.32% to $21.2 million in 2019, then jumped by 284.22% to $81.4 million in 2020, then tumbled by 65.91% to $27.8 million in 2021.
• Business Quant data shows PBI-PB's Change in Accured Expenses at $27.8 million in Q3 2021, -$2.0 million in Q2 2021, and -$54.0 million in Q1 2021.