Wex (WEX) Change in Accured Expenses (2009 - 2023)
Wex (WEX) reported Change in Accured Expenses of $50.8 million for 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.
Wex (WEX) Change in Accured Expenses (2009 - 2023) Analysis & Trends
Wex has reported Change in Accured Expenses for 15 years, with the latest figure at $50.8 million 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 for Q4 2023 stood at $50.8 million, up from $12.4 million in the prior quarter.
- The five-year high for Change in Accured Expenses was $188.6 million in Q2 2021, with the low at -$108.3 million in Q3 2021.
- Historically, Change in Accured Expenses has averaged $9.7 million across 5 years, with a median of $172500.0 in 2019.
- Annual changes were most pronounced in 2020 — Change in Accured Expenses jumped 961.19% — and 2021, when it sank 5447.58%.
- Wex's Change in Accured Expenses stood at -$6.2 million in 2019, then jumped by 649.94% to $34.2 million in 2020, then soared by 135.54% 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Accured Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,969.88 Bn | 2,891.61 Bn | 56.06 Bn | 2.54 Bn |
| 2 | Alarum Technologies | 1,238.46 Bn | 1,224.31 Bn | 7.23 Mn | 5.97 Bn |
| 3 | Oracle | 553.33 Bn | 514.76 Bn | 15.14 Bn | 545.00 Mn |
| 4 | Palantir Technologies | 322.24 Bn | 314.32 Bn | 1.42 Bn | 80.79 Mn |
| 5 | Palo Alto Networks | 197.14 Bn | 192.60 Bn | 1.91 Bn | 76.00 Mn |
| 6 | CrowdStrike Holdings | 173.24 Bn | 170.18 Bn | 993.68 Mn | 29.00 Mn |
| 7 | Fortinet | 110.28 Bn | 106.99 Bn | 1.49 Bn | -20.60 Mn |
| 8 | Synopsys | 86.06 Bn | 85.94 Bn | 1.77 Bn | -37.29 Mn |
| 9 | Cloudflare | 82.78 Bn | 81.84 Bn | 455.60 Mn | 9.51 Mn |
| 10 | Wex | 4.54 Bn | -872.49 Mn | 393.70 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 |