RingCentral (FRA:3RCA) Accounts Payable & Accrued Expense : €249 Mil (As of Mar. 2024)

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What is RingCentral Accounts Payable & Accrued Expense?

RingCentral's quarterly accounts payable & accrued expense increased from Sep. 2023 (€273 Mil) to Dec. 2023 (€274 Mil) but then declined from Dec. 2023 (€274 Mil) to Mar. 2024 (€249 Mil).

RingCentral's annual accounts payable & accrued expense increased from Dec. 2021 (€250 Mil) to Dec. 2022 (€351 Mil) but then declined from Dec. 2022 (€351 Mil) to Dec. 2023 (€274 Mil).

RingCentral Accounts Payable & Accrued Expense Historical Data

The historical data trend for RingCentral's Accounts Payable & 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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RingCentral Accounts Payable & Accrued Expense Chart

RingCentral Annual Data

Trend

Dec14

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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115.70

168.68

249.77

351.08

274.38

RingCentral Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															285.24	263.95	272.66	274.38	248.88

RingCentral Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

RingCentral (FRA:3RCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RingCentral Inc (FRA:3RCA) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

RNG:USA 3RCA:Germany

Address

20 Davis Drive, Belmont, CA, USA, 94002

Website

https://www.ringcentral.com

RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a standalone video meetings solution, and webinars.

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