United Rentals (LTS:0LIY) Accounts Payable & Accrued Expense : $2,277 Mil (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is United Rentals Accounts Payable & Accrued Expense?

United Rentals's quarterly accounts payable & accrued expense declined from Sep. 2023 ($2,225 Mil) to Dec. 2023 ($1,369 Mil) but then increased from Dec. 2023 ($1,369 Mil) to Mar. 2024 ($2,277 Mil).

United Rentals's annual accounts payable & accrued expense increased from Dec. 2021 ($1,164 Mil) to Dec. 2022 ($1,524 Mil) but then declined from Dec. 2022 ($1,524 Mil) to Dec. 2023 ($1,369 Mil).

United Rentals Accounts Payable & Accrued Expense Historical Data

The historical data trend for United Rentals'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.

United Rentals Accounts Payable & Accrued Expense Chart

United Rentals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

Get a 7-Day Free Trial

709.00

728.00

1,164.00

1,524.00

1,369.00

United Rentals 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															2,124.00	2,366.00	2,225.00	1,369.00	2,277.00

United Rentals 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.

United Rentals (LTS:0LIY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » United Rentals Inc (LTS:0LIY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

URI:USA UR3:Germany U1RI34:Brazil

Address

100 First Stamford Place, Suite 700, Stamford, CT, USA, 06902

Website

https://www.unitedrentals.com

United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 17% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinitely long periods.

United Rentals (LTS:0LIY) Headlines

No Headlines