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Discontinued — last reported Q3 '24

Geographic · Salaries And Other Operating Expenses

South Asia — Salaries And Other Operating Expenses

Expeditors International of Washington South Asia — Salaries And Other Operating Expenses increased by 19.1% to $51.31M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 21.8%, from $42.14M to $51.31M. Over 2 years (FY 2021 to FY 2023), South Asia — Salaries And Other Operating Expenses shows a downward trend with a -7.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ3 2024Nov 5, 2024

How to read this metric

An increase relative to revenue suggests declining operational efficiency or rising labor costs, whereas a decrease relative to revenue indicates improved cost management or economies of scale.

Detailed definition

This metric aggregates the personnel-related costs and general overhead expenses required to support logistics and freig...

Peer comparison

Comparable to regional SG&A or operating expense line items found in the segment reporting of international logistics and supply chain service providers.

Metric ID: expd_segment_south_asia_salaries_and_other_operating_expenses

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$49.05M$54M$58.36M$45.33M$38.73M$37.58M$117.02M$46.8M$44.05M$42.14M$42.79M$40.91M$43.08M$51.31M
QoQ Change+10.1%+8.1%-22.3%-14.6%-3.0%+211.4%-60.0%-5.9%-4.3%+1.5%-4.4%+5.3%+19.1%
YoY Change-21.0%-30.4%+100.5%+3.2%+13.7%+12.1%-63.4%-12.6%-2.2%+21.8%
Range$37.58M$117.02M
CAGR+1.4%
Avg YoY Growth+2.2%
Median YoY Growth+0.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Expeditors International of Washington's south asia — salaries and other operating expenses?
Expeditors International of Washington (EXPD) reported south asia — salaries and other operating expenses of $51.31M in Q3 2024.
How has Expeditors International of Washington's south asia — salaries and other operating expenses changed year-over-year?
Expeditors International of Washington's south asia — salaries and other operating expenses increased by 21.8% year-over-year, from $42.14M to $51.31M.
What is the long-term trend for Expeditors International of Washington's south asia — salaries and other operating expenses?
Over 2 years (2021 to 2023), Expeditors International of Washington's south asia — salaries and other operating expenses has grown at a -7.3% compound annual growth rate (CAGR), from $204.57M to $175.77M.
What does south asia — salaries and other operating expenses mean?
The total cost of labor and general administrative overhead required to operate the South Asia business segment.