Ryder System (FRA:RYD) Accounts Payable & Accrued Expense : €1,327 Mil (As of Mar. 2024)

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What is Ryder System Accounts Payable & Accrued Expense?

Ryder System's quarterly accounts payable & accrued expense declined from Sep. 2023 (€1,364 Mil) to Dec. 2023 (€1,328 Mil) and declined from Dec. 2023 (€1,328 Mil) to Mar. 2024 (€1,327 Mil).

Ryder System's annual accounts payable & accrued expense increased from Dec. 2021 (€1,192 Mil) to Dec. 2022 (€1,301 Mil) and increased from Dec. 2022 (€1,301 Mil) to Dec. 2023 (€1,328 Mil).

Ryder System Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ryder System'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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Ryder System Accounts Payable & Accrued Expense Chart

Ryder System Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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944.55

890.40

1,192.10

1,300.83

1,327.82

Ryder System 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															1,371.11	1,339.27	1,364.27	1,327.82	1,326.64

Ryder System 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.

Ryder System (FRA:RYD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ryder System Inc (FRA:RYD) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

R:USA

Address

11690 N.W. 105th Street, Miami, FL, USA, 33178

Website

https://www.ryder.com

Ryder System Inc operates in three business segments: (1) Fleet Management Solutions which provides full-service leasing and leasing with flexible maintenance options, commercial rental and maintenance services of trucks, tractors and trailers to customers; (2) Supply Chain Solutions (SCS), which provides integrated logistics solutions, including distribution management, dedicated transportation, transportation management, brokerage, e-commerce, last mile, and professional services; and (3) Dedicated Transportation Solutions (DTS), which provides turnkey transportation solutions in the U.S., including dedicated vehicles, professional drivers, management, and administrative support.

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