REE Automotive (REE) Change in Accured Expenses (2020 - 2024)
REE Automotive (REE) posted quarterly Change in Accured Expenses of -$1.1 million for Q4 2024, down 139.74% YoY from $2.6 million in Q1 2024, and up 36.89% sequentially from -$1.7 million in Q3 2024.
REE Automotive (REE) Change in Accured Expenses (2020 - 2024) Analysis & Trends
REE Automotive has disclosed Change in Accured Expenses across 5 years of filings, most recently posting -$1.1 million for Q4 2024.
- In Q4 2024, Change in Accured Expenses fell 139.74% year-over-year to -$1.1 million; the TTM figure through Dec 2024 stood at -$5.0 million (down 269.26% YoY), while the FY2025 annual figure was -$1.2 million, up 75.18% from the prior year.
- Change in Accured Expenses improved to -$1.1 million in Q4 2024, from -$1.7 million in the prior quarter.
- Over the last five years, Change in Accured Expenses for REE reached as high as $8.6 million in Q4 2021 and fell as low as -$5.2 million in Q4 2022.
- The 5-year median for Change in Accured Expenses is $292000.0 (2020), against an average of $414111.1.
- Annual changes were most pronounced in 2021 — Change in Accured Expenses jumped 1262.64% — and 2024, when it sank 693.24%.
- A 5-year view of Change in Accured Expenses shows it stood at $629000.0 in 2020, then jumped by 1262.64% to $8.6 million in 2021, then plunged by 161.19% to -$5.2 million in 2022, then jumped by 150.47% to $2.6 million in 2023, then slumped by 139.74% to -$1.1 million in 2024.
- According to Business Quant data, Change in Accured Expenses over the past three periods registered -$1.1 million, -$1.7 million, and -$1.3 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | -2.00 Mn |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 111.71 Mn |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | - |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | - |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | - |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | - |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | -73.00 Mn |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | -30.00 Mn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | - |
| 10 | REE Automotive | 6.75 Mn | -7.50 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -1.05 Mn |
| Dec 31, 2024 | -1.05 Mn |
| Sep 30, 2024 | -1.67 Mn |
| Sep 30, 2024 | -1.67 Mn |
| Jun 30, 2024 | -1.33 Mn |
| Jun 30, 2024 | -1.33 Mn |
| Mar 31, 2024 | -911,000.00 |
| Mar 31, 2024 | -911,000.00 |
| Dec 31, 2023 | 2.65 Mn |
| Dec 31, 2023 | 2.65 Mn |
| Sep 30, 2023 | 537,000.00 |
| Sep 30, 2023 | 537,000.00 |
| Jun 30, 2023 | 524,000.00 |
| Jun 30, 2023 | 524,000.00 |
| Mar 31, 2023 | -780,000.00 |
| Mar 31, 2023 | -780,000.00 |
| Dec 31, 2022 | -5.25 Mn |
| Dec 31, 2022 | -5.25 Mn |
| Sep 30, 2022 | 5.04 Mn |
| Sep 30, 2022 | 5.04 Mn |