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
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