Wex (WEX) Change in Accured Expenses (2009 - 2023)

Wex (WEX) posted quarterly Change in Accured Expenses of $50.8 million for Q4 2023, up 14.41% year-on-year 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 reported Change in Accured Expenses for 15 consecutive years, with $50.8 million the latest figure, recorded 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 grew to $50.8 million in Q4 2023 per WEX's latest filing, from $12.4 million in the prior quarter.
  • Over the last five years, Change in Accured Expenses for WEX reached as high as $188.6 million in Q2 2021 and fell as low as -$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 plunged 723.58% — and 2020, when it soared 1663.7%.
  • Year by year, Change in Accured Expenses stood at $46.8 million in 2019, then tumbled by 117.7% to -$8.3 million in 2020, then surged by 1072.73% to $80.7 million in 2021, then plunged by 44.95% to $44.4 million in 2022, then gained 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 2.54 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -1.14 Mn
3 Oracle 344.13 Bn 312.24 Bn - 581.00 Mn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn -12.90 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 76.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 41.76 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn -600,000.00
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -7.61 Mn
10 Wex 6.38 Bn 274.53 Mn 463.80 Mn -

Historic Data

Download Data
DateValue
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