Radius Recycling (FRA:SS1A) Accounts Payable & Accrued Expense : €246 Mil (As of Feb. 2024)

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What is Radius Recycling Accounts Payable & Accrued Expense?

Radius Recycling's quarterly accounts payable & accrued expense declined from Aug. 2023 (€261 Mil) to Nov. 2023 (€247 Mil) and declined from Nov. 2023 (€247 Mil) to Feb. 2024 (€246 Mil).

Radius Recycling's annual accounts payable & accrued expense increased from Aug. 2021 (€258 Mil) to Aug. 2022 (€336 Mil) but then declined from Aug. 2022 (€336 Mil) to Aug. 2023 (€261 Mil).

Radius Recycling Accounts Payable & Accrued Expense Historical Data

The historical data trend for Radius Recycling'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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Radius Recycling Accounts Payable & Accrued Expense Chart

Radius Recycling Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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234.53

165.13

257.58

336.41

260.92

Radius Recycling Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															266.74	279.27	260.92	247.36	245.59

Radius Recycling 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.

Radius Recycling (FRA:SS1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Radius Recycling Inc (FRA:SS1A) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RDUS:USA

Address

299 SW Clay Street, Suite 350, Portland, OR, USA, 97201

Website

https://www.radiusrecycling.com

Schnitzer Steel Industries Inc is one of the ferrous and nonferrous scrap metal recyclers in the U.S. Its metal recycling business collects and recycles auto bodies, rail cars, appliances, machinery, and construction demolition. Additionally, Schnitzer operates an auto-parts business that purchases obsolete vehicles and sells any useful parts to retail customers and a steelmaking business that supplies construction products along the U.S. West Coast.

Radius Recycling (FRA:SS1A) Headlines

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