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| 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 |