Rithm Capital (LTS:0K76) Accounts Payable & Accrued Expense : $1,943 Mil (As of Mar. 2024)

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What is Rithm Capital Accounts Payable & Accrued Expense?

Rithm Capital's quarterly accounts payable & accrued expense increased from Sep. 2023 ($671 Mil) to Dec. 2023 ($911 Mil) and increased from Dec. 2023 ($911 Mil) to Mar. 2024 ($1,943 Mil).

Rithm Capital's annual accounts payable & accrued expense increased from Dec. 2021 ($733 Mil) to Dec. 2022 ($1,331 Mil) but then declined from Dec. 2022 ($1,331 Mil) to Dec. 2023 ($911 Mil).

Rithm Capital Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rithm Capital'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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Rithm Capital Accounts Payable & Accrued Expense Chart

Rithm Capital Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,575.21

385.21

733.45

1,330.70

910.97

Rithm Capital 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															482.05	570.60	670.57	910.97	1,943.00

Rithm Capital 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.

Rithm Capital (LTS:0K76) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Rithm Capital Corp (LTS:0K76) » Definitions » Accounts Payable & Accrued Expense

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Address

799 Broadway, New York, NY, USA, 10003

Website

https://www.rithmcap.com

Rithm Capital Corp operates as a real estate investment trust that provides capital and services to the real estate and financial services industries. The company's mission is to generate attractive risk-adjusted returns in all interest rate environments through a complementary portfolio of investments and operating businesses. Rithm Capital's investment portfolio is composed of mortgage servicing related assets (full and excess MSRs and servicer advances), residential securities (and associated call rights) and loans (including single family rental), and consumer loans.

Rithm Capital (LTS:0K76) Headlines

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