Vertex Inc
NASDAQ:VERX

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Vertex Inc
NASDAQ:VERX
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Price: 53.53 USD -0.11% Market Closed
Market Cap: 8.3B USD
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Vertex Inc
Accrued Liabilities

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Vertex Inc
Accrued Liabilities Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Accrued Liabilities CAGR 3Y CAGR 5Y CAGR 10Y
Vertex Inc
NASDAQ:VERX
Accrued Liabilities
$98.1m
CAGR 3-Years
9%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Salesforce Inc
NYSE:CRM
Accrued Liabilities
$572m
CAGR 3-Years
-6%
CAGR 5-Years
-5%
CAGR 10-Years
-4%
Palantir Technologies Inc
NYSE:PLTR
Accrued Liabilities
$277.2m
CAGR 3-Years
14%
CAGR 5-Years
18%
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Accrued Liabilities
$246.1m
CAGR 3-Years
29%
CAGR 5-Years
93%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Accrued Liabilities
$567m
CAGR 3-Years
13%
CAGR 5-Years
17%
CAGR 10-Years
15%
Adobe Inc
NASDAQ:ADBE
Accrued Liabilities
$2.4B
CAGR 3-Years
12%
CAGR 5-Years
13%
CAGR 10-Years
14%
No Stocks Found

Vertex Inc
Glance View

Market Cap
8.3B USD
Industry
Technology
Economic Moat
None

In the realm of tax technology, Vertex Inc. stands as a significant player, weaving intricate threads between the complex tapestry of tax regulations and corporate commerce. Founded in 1978 and headquartered in King of Prussia, Pennsylvania, Vertex has steadily carved a niche by offering comprehensive tax software solutions. These solutions are not merely tools but sophisticated systems designed to automate and streamline tax-related processes for businesses of varying sizes. As the global market broadens and tax codes grow increasingly intricate, the demand for efficient, effective tax management has soared. This is where Vertex steps in, providing an array of cloud-based software services that assist corporations in handling indirect taxes such as sales tax, VAT, and payroll tax, among others. The company’s offerings allow firms to maintain compliance with evolving tax laws while reducing the risk of errors and the burden of manual tax administration. Vertex ensures its viability and earns revenue by implementing a subscription-based business model for its software solutions and services. Through this model, it provides continuous updates, cloud support, and essential compliance information to its clients. The company also leverages its consulting services to guide businesses in optimizing their tax operations and implementing its systems seamlessly. By doing so, Vertex not only garners recurring revenue but also fortifies relationships with its clients, fostering a sense of trust and reliability. As enterprises expand their operations across borders, Vertex aids in navigating the tax landscapes of various jurisdictions, underscoring its critical role in modern-day commerce. Its blend of technology and expertise has positioned the company as a trusted partner in the increasingly digital and interconnected world of business taxation.

VERX Intrinsic Value
20.74 USD
Overvaluation 61%
Intrinsic Value
Price

See Also

What is Vertex Inc's Accrued Liabilities?
Accrued Liabilities
98.1m USD

Based on the financial report for Sep 30, 2024, Vertex Inc's Accrued Liabilities amounts to 98.1m USD.

What is Vertex Inc's Accrued Liabilities growth rate?
Accrued Liabilities CAGR 3Y
9%

Over the last year, the Accrued Liabilities growth was 33%. The average annual Accrued Liabilities growth rates for Vertex Inc have been 9% over the past three years .

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