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Arista Networks (WBO:ANET) Accounts Payable & Accrued Expense : €396 Mil (As of Mar. 2024)


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What is Arista Networks Accounts Payable & Accrued Expense?

Arista Networks's quarterly accounts payable & accrued expense increased from Sep. 2023 (€636 Mil) to Dec. 2023 (€649 Mil) but then declined from Dec. 2023 (€649 Mil) to Mar. 2024 (€396 Mil).

Arista Networks's annual accounts payable & accrued expense increased from Dec. 2021 (€380 Mil) to Dec. 2022 (€385 Mil) and increased from Dec. 2022 (€385 Mil) to Dec. 2023 (€649 Mil).


Arista Networks Accounts Payable & Accrued Expense Historical Data

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

Arista Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 209.12 228.18 379.91 385.16 649.36

Arista Networks 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 636.93 659.90 636.26 649.36 396.49

Arista Networks 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.


Arista Networks (WBO:ANET) Business Description

Industry
Traded in Other Exchanges
Address
5453 Great America Parkway, Santa Clara, CA, USA, 95054
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system, or EOS, that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three quarters of its sales from North America.