Wex (WEX) Change in Accured Expenses (2009 - 2023)
Wex's (WEX) quarterly Change in Accured Expenses came in at $50.8 million in Q4 2023, up 14.41% on a YoY basis from $44.4 million in Q4 2022, and up 309.68% quarter-over-quarter from $12.4 million in Q3 2023.
Analysis
Wex (WEX) Change in Accured Expenses (2009 - 2023) Analysis & Trends
Wex (WEX) has reported Change in Accured Expenses for 15 consecutive years, with $50.8 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Change in Accured Expenses rose 14.41% year-over-year to $50.8 million; the trailing twelve-month figure through Dec 2023 stood at $38.2 million (down 51.83% YoY), and the FY2025 full-year result was -$28.5 million, up 87.32% from the prior year.
- Change in Accured Expenses grew to $50.8 million in Q4 2023 per WEX's latest filing, from $12.4 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $188.6 million in Q2 2021 and bottomed at -$108.3 million in Q3 2021.
- Historically, Change in Accured Expenses has averaged $12.4 million across 5 years, with a median of $19.7 million in 2020.
- The sharpest annual moves came in 2019 and 2020: Change in Accured Expenses slumped 723.58% in 2019, then soared 1663.7% in 2020.
- Over 5 years, Change in Accured Expenses stood at $46.8 million in 2019, then plunged by 117.7% to -$8.3 million in 2020, then jumped by 1072.73% to $80.7 million in 2021, then sank by 44.95% to $44.4 million in 2022, then rose by 14.41% to $50.8 million in 2023.
- According to Business Quant data, Change in Accured Expenses over the past three periods registered $50.8 million, $12.4 million, and $55.4 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn | - |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | 229.00 Mn |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn | 140.00 Mn |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn | 1.26 Bn |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn | -70.94 Mn |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn | - |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 6.64 Mn |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn | 6.50 Mn |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn | -7.26 Mn |
| 10 | Sezzle | 4.00 Bn | 3.91 Bn | - | -5.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 50.80 Mn |
| Sep 30, 2023 | 12.40 Mn |
| Jun 30, 2023 | 55.40 Mn |
| Mar 31, 2023 | -80.40 Mn |
| Dec 31, 2022 | 44.40 Mn |
| Sep 30, 2022 | -2.40 Mn |
| Jun 30, 2022 | 108.00 Mn |
| Mar 31, 2022 | -70.70 Mn |
| Dec 31, 2021 | 80.66 Mn |
| Sep 30, 2021 | -108.33 Mn |
| Jun 30, 2021 | 188.62 Mn |
| Mar 31, 2021 | -100.74 Mn |
| Dec 31, 2020 | -8.29 Mn |
| Sep 30, 2020 | 94.68 Mn |
| Jun 30, 2020 | 27.07 Mn |
| Mar 31, 2020 | -75.38 Mn |
| Dec 31, 2019 | 46.84 Mn |
| Sep 30, 2019 | -6.06 Mn |
| Jun 30, 2019 | 34.40 Mn |
| Mar 31, 2019 | -43.55 Mn |