Discontinued — last reported Q3 '23
Corpay Lodging — Other non-cash operating expense, net increased by 8.5% to $74.02M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 16.6%, from $63.46M to $74.02M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal higher stock-based compensation or one-time non-cash charges, which could impact adjusted earnings quality.
Captures net non-cash operating expenses specific to the lodging segment, excluding standard depreciation and amortizati...
Comparable to segment-level non-cash expense disclosures in the financial reports of technology-enabled service firms.
cpay_segment_lodging_other_non_cash_operating_expense_net| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $29.90M | $44.03M | $50.17M | $39.78M | $58.56M | $63.46M | $56.84M | $54.56M | $68.25M | $74.02M |
| QoQ Change | — | +47.2% | +14.0% | -20.7% | +47.2% | +8.4% | -10.4% | -4.0% | +25.1% | +8.5% |
| YoY Change | — | — | — | — | +95.8% | +44.1% | +13.3% | +37.2% | +16.5% | +16.6% |