Discontinued — last reported Q3 '24
North Asia — Salaries And Other Operating Expenses
Expeditors International of Washington North Asia — Salaries And Other Operating Expenses increased by 22.3% to $86.57M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 30.1%, from $66.55M to $86.57M. Over 2 years (FY 2021 to FY 2023), North Asia — Salaries And Other Operating Expenses shows a downward trend with a -27.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue may signal declining operational efficiency or inflationary pressure on labor, while a decrease relative to revenue suggests improved cost management.
Detailed definition
This metric aggregates the total personnel-related costs and general administrative overhead required to sustain operati...
Peer comparison
Comparable to regional SG&A or operating expense line items reported by international logistics competitors.
expd_segment_north_asia_salaries_and_other_operating_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $106.81M | $141.11M | $160.86M | $123.11M | $104.90M | $98.76M | $178.04M | $71.14M | $68.29M | $66.55M | $67.10M | $67.26M | $70.76M | $86.57M |
| QoQ Change | — | +32.1% | +14.0% | -23.5% | -14.8% | -5.9% | +80.3% | -60.0% | -4.0% | -2.6% | +0.8% | +0.2% | +5.2% | +22.3% |
| YoY Change | — | — | — | — | -1.8% | -30.0% | +10.7% | -42.2% | -34.9% | -32.6% | -62.3% | -5.5% | +3.6% | +30.1% |
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Frequently Asked Questions
- What is Expeditors International of Washington's north asia — salaries and other operating expenses?
- Expeditors International of Washington (EXPD) reported north asia — salaries and other operating expenses of $86.57M in Q3 2024.
- How has Expeditors International of Washington's north asia — salaries and other operating expenses changed year-over-year?
- Expeditors International of Washington's north asia — salaries and other operating expenses increased by 30.1% year-over-year, from $66.55M to $86.57M.
- What is the long-term trend for Expeditors International of Washington's north asia — salaries and other operating expenses?
- Over 2 years (2021 to 2023), Expeditors International of Washington's north asia — salaries and other operating expenses has grown at a -27.2% compound annual growth rate (CAGR), from $515.70M to $273.07M.
- What does north asia — salaries and other operating expenses mean?
- The total cost of labor and day-to-day administrative expenses for the North Asia segment.