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Upbound Group (FRA:RAC) Accounts Payable & Accrued Expense : €394 Mil (As of Mar. 2024)


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What is Upbound Group Accounts Payable & Accrued Expense?

Upbound Group's quarterly accounts payable & accrued expense declined from Sep. 2023 (€405 Mil) to Dec. 2023 (€348 Mil) but then increased from Dec. 2023 (€348 Mil) to Mar. 2024 (€394 Mil).

Upbound Group's annual accounts payable & accrued expense increased from Dec. 2021 (€327 Mil) to Dec. 2022 (€350 Mil) but then declined from Dec. 2022 (€350 Mil) to Dec. 2023 (€348 Mil).


Upbound Group Accounts Payable & Accrued Expense Historical Data

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

Upbound Group 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 308.75 319.03 327.36 350.43 348.13

Upbound Group 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 409.40 379.66 404.76 348.13 393.91

Upbound Group 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.


Upbound Group (FRA:RAC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Upbound Group Inc (FRA:RAC) » Definitions » Accounts Payable & Accrued Expense
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Address
5501 Headquarters Drive, Plano, TX, USA, 75024
Upbound Group Inc is an omnichannel platform company committed to elevating financial opportunity for all through inclusive, and technology-driven financial solutions that address the evolving needs and aspirations of consumers. It has four operating segments; The Rent-A-Center Business segment operates lease-to-own stores, the Acima segment, offers the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer, and also offers the lease-to-own transaction through virtual offering solutions across e-commerce, digital, and mobile channels, Mexico segment offers lease-to-own stores in Mexico. The franchising segment offers the sale of rental merchandise to its franchisees. The company derives a majority of its revenue from the Acima segment.

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