Intuit (LTS:0JCT) Accounts Payable & Accrued Expense : $931 Mil (As of Jan. 2024)

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What is Intuit Accounts Payable & Accrued Expense?

Intuit's quarterly accounts payable & accrued expense declined from Jul. 2023 ($1,381 Mil) to Oct. 2023 ($852 Mil) but then increased from Oct. 2023 ($852 Mil) to Jan. 2024 ($931 Mil).

Intuit's annual accounts payable & accrued expense increased from Jul. 2021 ($641 Mil) to Jul. 2022 ($926 Mil) and increased from Jul. 2022 ($926 Mil) to Jul. 2023 ($1,381 Mil).

Intuit Accounts Payable & Accrued Expense Historical Data

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

Intuit Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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281.00

314.00

641.00

926.00

1,381.00

Intuit Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,205.00	1,657.00	1,381.00	852.00	931.00

Intuit 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.

Intuit (LTS:0JCT) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Intuit Inc (LTS:0JCT) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

2700 Coast Avenue, Mountain View, CA, USA, 94043

Website

https://www.intuit.com

Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software.

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