Rocket Lab USA (STU:6RJ) Accounts Payable & Accrued Expense : €45.1 Mil (As of Mar. 2024)

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What is Rocket Lab USA Accounts Payable & Accrued Expense?

Rocket Lab USA's quarterly accounts payable & accrued expense increased from Sep. 2023 (€43.1 Mil) to Dec. 2023 (€47.0 Mil) but then declined from Dec. 2023 (€47.0 Mil) to Mar. 2024 (€45.1 Mil).

Rocket Lab USA's annual accounts payable & accrued expense increased from Dec. 2021 (€20.1 Mil) to Dec. 2022 (€27.8 Mil) and increased from Dec. 2022 (€27.8 Mil) to Dec. 2023 (€47.0 Mil).

Rocket Lab USA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rocket Lab USA'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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Rocket Lab USA Accounts Payable & Accrued Expense Chart

Rocket Lab USA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

11.94

20.12

27.79

46.98

Rocket Lab USA Quarterly Data
	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										40.97	42.92	43.06	46.98	45.10

Rocket Lab USA 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.

Rocket Lab USA (STU:6RJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rocket Lab USA Inc (STU:6RJ) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

RKLB:USA

Address

3881 McGowen Street, Long Beach, CA, USA, 90808

Website

https://www.rocketlabusa.com

Rocket Lab USA Inc is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defence, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered more than 100 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments being Launch Services and Space systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.

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