Guidewire Software (LTS:0J1G) Accounts Payable & Accrued Expense : $23.5 Mil (As of Apr. 2024)

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What is Guidewire Software Accounts Payable & Accrued Expense?

Guidewire Software's quarterly accounts payable & accrued expense increased from Oct. 2023 ($19.2 Mil) to Jan. 2024 ($22.0 Mil) and increased from Jan. 2024 ($22.0 Mil) to Apr. 2024 ($23.5 Mil).

Guidewire Software's annual accounts payable & accrued expense increased from Jul. 2021 ($42.2 Mil) to Jul. 2022 ($57.6 Mil) but then declined from Jul. 2022 ($57.6 Mil) to Jul. 2023 ($45.1 Mil).

Guidewire Software Accounts Payable & Accrued Expense Historical Data

The historical data trend for Guidewire Software'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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Guidewire Software Accounts Payable & Accrued Expense Chart

Guidewire Software Annual Data

Trend

Jul14

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Jul16

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Jul18

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Jul20

Jul21

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Jul23

Accounts Payable & Accrued Expense

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44.24

33.10

42.15

57.58

45.09

Guidewire Software Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															35.58	45.09	19.21	22.00	23.51

Guidewire Software 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.

Guidewire Software (LTS:0J1G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Guidewire Software Inc (LTS:0J1G) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GWRE:USA 0GS:Germany

Address

970 Park Pl., Suite 200, San Mateo, CA, USA, 94403

Website

https://www.guidewire.com

Guidewire Software provides software solutions for property and casualty insurers. Flagship product InsuranceSuite is an on-premises system of record and comprises ClaimCenter, a claims management system; PolicyCenter, a policy management system including policy definitions, quotas, issuance, maintenance, and renewal; and BillingCenter, for billing management, payment plans, and agent commissions. The company also offers InsuranceNow, a cloud-based offering, as well as a variety of other add-on applications.

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