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Extreme Networks (LTS:0IJW) Accounts Payable & Accrued Expense : $165 Mil (As of Mar. 2024)


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What is Extreme Networks Accounts Payable & Accrued Expense?

Extreme Networks's quarterly accounts payable & accrued expense increased from Sep. 2023 ($164 Mil) to Dec. 2023 ($178 Mil) but then declined from Dec. 2023 ($178 Mil) to Mar. 2024 ($165 Mil).

Extreme Networks's annual accounts payable & accrued expense increased from Jun. 2021 ($129 Mil) to Jun. 2022 ($161 Mil) and increased from Jun. 2022 ($161 Mil) to Jun. 2023 ($176 Mil).


Extreme Networks Accounts Payable & Accrued Expense Historical Data

The historical data trend for Extreme Networks'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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Extreme Networks Accounts Payable & Accrued Expense Chart

Extreme Networks Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.16 121.00 129.21 160.90 176.49

Extreme Networks 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 162.48 176.49 163.69 177.69 165.35

Extreme Networks 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.


Extreme Networks (LTS:0IJW) Business Description

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Address
2121 RDU Center Drive, Suite 300, Morrisville, NC, USA, 27560
Extreme Networks Inc provides software-driven networking services for enterprise customers. Its products include wired and wireless network infrastructure equipment and software for network management, policy, analytics, and access controls. It offers high-density Wi-Fi, centralized management, cloud-based network management, and application analytics capabilities. The company operates in a single segment which develops and markets network infrastructure equipment. Roughly half of the firm's revenue is generated in the Americas, with the rest coming from Europe, the Middle East, Africa, and Asia-Pacific.

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