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% YoY from $44.4 million in Q4 2022, and up 309.68% on a QoQ basis from $12.4 million in Q3 2023.
Wex (WEX) Change in Accured Expenses (2009 - 2023) Analysis & Trends
Wex (WEX) has 15 years of Change in Accured Expenses data on file, last reported at $50.8 million in Q4 2023.
- Quarterly Change in Accured Expenses rose 14.41% year-over-year to $50.8 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $38.2 million (down 51.83% YoY) and the FY2025 annual result came in at -$28.5 million, up 87.32% from the prior year.
- Change in Accured Expenses climbed to $50.8 million in Q4 2023, from $12.4 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $188.6 million in Q2 2021 to a low of -$108.3 million in Q3 2021.
- A 5-year average of $12.4 million and a median of $19.7 million in 2020 frame the typical range for Change in Accured Expenses.
- Annual changes were most pronounced in 2019 — Change in Accured Expenses sank 723.58% — and 2020, when it surged 1663.7%.
- Tracing WEX's Change in Accured Expenses over 5 years: stood at $46.8 million in 2019, then slumped by 117.7% to -$8.3 million in 2020, then surged by 1072.73% to $80.7 million in 2021, then tumbled by 44.95% to $44.4 million in 2022, then grew by 14.41% to $50.8 million in 2023.
- The last three Change in Accured Expenses figures came in at $50.8 million (Q4 2023), $12.4 million (Q3 2023), and $55.4 million (Q2 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 7.01 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 7.31 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 581.00 Mn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 5.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 75.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 39.19 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | -37.29 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -656.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | - |
| 10 | Wex | 6.67 Bn | 568.61 Mn | 463.80 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 50.80 Mn |
| Dec 31, 2023 | 50.80 Mn |
| Sep 30, 2023 | 12.40 Mn |
| Sep 30, 2023 | 12.40 Mn |
| Jun 30, 2023 | 55.40 Mn |
| Jun 30, 2023 | 55.40 Mn |
| Mar 31, 2023 | -80.40 Mn |
| Mar 31, 2023 | -80.40 Mn |
| Dec 31, 2022 | 44.40 Mn |
| Dec 31, 2022 | 44.40 Mn |
| Sep 30, 2022 | -2.40 Mn |
| Sep 30, 2022 | -2.40 Mn |
| Jun 30, 2022 | 108.00 Mn |
| Jun 30, 2022 | 108.00 Mn |
| Mar 31, 2022 | -70.70 Mn |
| Mar 31, 2022 | -70.70 Mn |
| Dec 31, 2021 | 80.66 Mn |
| Dec 31, 2021 | 80.66 Mn |
| Sep 30, 2021 | -108.33 Mn |
| Sep 30, 2021 | -108.33 Mn |