Reliance (FRA:RS6) Accounts Payable & Accrued Expense : €608 Mil (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Reliance Accounts Payable & Accrued Expense?

Reliance's quarterly accounts payable & accrued expense declined from Sep. 2023 (€580 Mil) to Dec. 2023 (€526 Mil) but then increased from Dec. 2023 (€526 Mil) to Mar. 2024 (€608 Mil).

Reliance's annual accounts payable & accrued expense declined from Dec. 2021 (€626 Mil) to Dec. 2022 (€542 Mil) and declined from Dec. 2022 (€542 Mil) to Dec. 2023 (€526 Mil).

Reliance Accounts Payable & Accrued Expense Historical Data

The historical data trend for Reliance'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.

* Premium members only.

Reliance Accounts Payable & Accrued Expense Chart

Reliance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

347.22

320.74

626.05

542.42

525.62

Reliance 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															719.46	647.12	580.38	525.62	608.12

Reliance 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.

Reliance (FRA:RS6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Reliance Inc (FRA:RS6) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RS:USA RS:Mexico

Address

16100 N. 71st Street, Suite 400, Scottsdale, AZ, USA, 85254

Website

https://www.rsac.com

Reliance Steel & Aluminum Co is a metal service center in the United States, providing metal processing and inventory management services for carbon and stainless steel, aluminum, and alloys. Reliance predominantly supplies the nonresidential construction, automotive, aerospace, energy, transportation, and heavy equipment end markets. Its product offerings comprise alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products.

Reliance (FRA:RS6) Headlines

No Headlines