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Red Hat Inc (NYSE:RHT)
Accounts Payable & Accrued Expense
$285 Mil (As of Feb. 2016)

Red Hat Inc's quarterly accounts payable & accrued expense increased from Aug. 2015 ($213 Mil) to Nov. 2015 ($229 Mil) and increased from Nov. 2015 ($229 Mil) to Feb. 2016 ($285 Mil).

Red Hat Inc's annual accounts payable & accrued expense increased from Feb. 2013 ($154 Mil) to Feb. 2014 ($179 Mil) and increased from Feb. 2014 ($179 Mil) to Feb. 2015 ($238 Mil).


Definition

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Red Hat Inc Annual Data

Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
Accounts Payable & Accrued Expense 51616485107114154179238285

Red Hat Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
Accounts Payable & Accrued Expense 179186212229238177213229285251
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