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GuruFocus has detected 4 Warning Signs with United Rentals Inc $URI.
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United Rentals Inc (NYSE:URI)
Accounts Payable & Accrued Expense
$494 Mil (As of Dec. 2016)

United Rentals Inc's quarterly accounts payable & accrued expense declined from Jun. 2016 ($932 Mil) to Sep. 2016 ($811 Mil) and declined from Sep. 2016 ($811 Mil) to Dec. 2016 ($494 Mil).

United Rentals Inc's annual accounts payable & accrued expense declined from Dec. 2014 ($748 Mil) to Dec. 2015 ($527 Mil) and declined from Dec. 2015 ($527 Mil) to Dec. 2016 ($494 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 local exchange's currency.

United Rentals Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Accounts Payable & Accrued Expense 505414336340451721650748527494

United Rentals Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Accounts Payable & Accrued Expense 1,077748962992878527679932811494
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