The Descartes Systems Group (The Descartes Systems Group) Current Accrued Expense

: $48.7 Mil (As of Jan. 2024)

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The Descartes Systems Group's Current Accrued Expense for the quarter that ended in Jan. 2024 was $48.7 Mil.

The Descartes Systems Group's quarterly Current Accrued Expense increased from Jul. 2023 ($61.9 Mil) to Oct. 2023 ($70.5 Mil) but then declined from Oct. 2023 ($70.5 Mil) to Jan. 2024 ($48.7 Mil).

The Descartes Systems Group's annual Current Accrued Expense increased from Jan. 2022 ($24.3 Mil) to Jan. 2023 ($44.8 Mil) and increased from Jan. 2023 ($44.8 Mil) to Jan. 2024 ($48.7 Mil).

The Descartes Systems Group Current Accrued Expense Historical Data

The historical data trend for The Descartes Systems Group's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Descartes Systems Group Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Current Accrued Expense

14.26

14.24

24.27

44.77

48.75

The Descartes Systems Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Current Accrued Expense																44.77	68.46	61.93	70.52	48.75

The Descartes Systems Group Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

The Descartes Systems Group Current Accrued Expense Related Terms

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The Descartes Systems Group (The Descartes Systems Group) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

DC2:Germany DC2:Germany DSG:Canada

Address

120 Randall Drive, Waterloo, ON, CAN, N2V 1C6

Website

https://www.descartes.com

The Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. The core product is the Global Logistics Network, which is best understood as transaction driven. Descartes charges clients to send/receive messages, data, and documents on the GLN (the transactions). Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows for Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.