RB Global (TSX:RBA) Accounts Payable & Accrued Expense : C$1,722 Mil (As of Mar. 2024)

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What is RB Global Accounts Payable & Accrued Expense?

RB Global's quarterly accounts payable & accrued expense declined from Sep. 2023 (C$1,629 Mil) to Dec. 2023 (C$1,549 Mil) but then increased from Dec. 2023 (C$1,549 Mil) to Mar. 2024 (C$1,722 Mil).

RB Global's annual accounts payable & accrued expense increased from Dec. 2021 (C$738 Mil) to Dec. 2022 (C$991 Mil) and increased from Dec. 2022 (C$991 Mil) to Dec. 2023 (C$1,549 Mil).

RB Global Accounts Payable & Accrued Expense Historical Data

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

RB Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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629.84

608.52

738.26

990.62

1,549.41

RB Global 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															1,635.26	1,659.69	1,629.40	1,549.41	1,721.64

RB Global 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.

RB Global (TSX:RBA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » RB Global Inc (TSX:RBA) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RBA:USA J1F:Germany

Address

Two Westbrook Corporate Center, Suite 500, Westchester, IL, USA, 60154

Website

https://www.rbglobal.com

RB Global operates the world's largest auction for heavy equipment. The company started as a live auctioneer of industrial equipment, since then it has greatly expanded its operations to include the sale of construction, agricultural, oilfield, and transportation equipment. RB Global operates over 40 live auction sites in more than 12 countries, along with online marketplaces, including IronPlanet, Marketplace-E, and GovPlanet. Its agricultural auctions are frequently much smaller venues and can include liquidations of single farms. The company holds over 300 auctions yearly and sells $6 billion worth of equipment.

Executives

Baron Concors

Senior Officer