Rational AG (LTS:0FRJ) Accounts Payable & Accrued Expense : €62 Mil (As of Mar. 2024)

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What is Rational AG Accounts Payable & Accrued Expense?

Rational AG's quarterly accounts payable & accrued expense increased from Sep. 2023 (€56 Mil) to Dec. 2023 (€79 Mil) but then declined from Dec. 2023 (€79 Mil) to Mar. 2024 (€62 Mil).

Rational AG's annual accounts payable & accrued expense increased from Dec. 2021 (€53 Mil) to Dec. 2022 (€77 Mil) and increased from Dec. 2022 (€77 Mil) to Dec. 2023 (€79 Mil).

Rational AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rational AG'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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Rational AG Accounts Payable & Accrued Expense Chart

Rational AG Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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64.47

39.11

52.83

77.05

78.71

Rational AG 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															59.59	59.99	55.77	78.71	62.48

Rational AG 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.

Rational AG (LTS:0FRJ) Business Description

Industry

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RTLLF:USA RATIY:USA RAAd:UK RAA:Germany

Address

Siegfried-Meister-Strasse 1, Landsberg am Lech, BY, DEU, 86899

Website

https://www.rational-online.com

Rational specializes in manufacturing automated multifunctional ovens for professional kitchens that replace conventional cooking appliances such as a stove, grill, and oven. Rational has produced over 1 million combi-steamers since its first combi-steamer in 1976, which are used to prepare 140 million food dishes daily. Approximately 72% of group revenue is generated from the sale of cooking appliances, mostly the iCombi Pro that was launched in May 2020 and its predecessor product. Rational has a presence in over 120 countries. The majority of revenue is earned in Europe, followed by North America and Asia.

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