FedEx (LTS:0QZX) Current Accrued Expense : $7,014 Mil (As of Feb. 2024)

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What is FedEx Current Accrued Expense?

FedEx's Current Accrued Expense for the quarter that ended in Feb. 2024 was $7,014 Mil.

FedEx's quarterly Current Accrued Expense increased from Aug. 2023 ($7,284 Mil) to Nov. 2023 ($7,479 Mil) but then declined from Nov. 2023 ($7,479 Mil) to Feb. 2024 ($7,014 Mil).

FedEx's annual Current Accrued Expense increased from May. 2021 ($4,551 Mil) to May. 2022 ($5,407 Mil) but then declined from May. 2022 ($5,407 Mil) to May. 2023 ($5,270 Mil).

FedEx Current Accrued Expense Historical Data

The historical data trend for FedEx'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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FedEx Current Accrued Expense Chart

FedEx Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Current Accrued Expense

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3,399.00

3,551.00

4,551.00

5,407.00

5,270.00

FedEx Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Current Accrued Expense	Get a 7-Day Free Trial															7,000.00	5,270.00	7,284.00	7,479.00	7,014.00

FedEx 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.

FedEx Current Accrued Expense Related Terms

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FedEx (LTS:0QZX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FedEx Corp (LTS:0QZX) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

FDX:USA FDX:Peru FDX:Mexico 1FDX:Italy FDX:Germany FDXB34:Brazil FDX:Argentina

Address

942 South Shady Grove Road, Memphis, TN, USA, 38120

Website

https://www.fedex.com

FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.

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