FedEx (LTS:0QZX) Accounts Payable : $3,780 Mil (As of Feb. 2024)

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What is FedEx Accounts Payable?

FedEx's Accounts Payable for the quarter that ended in Feb. 2024 was $3,780 Mil.

FedEx's quarterly Accounts Payable increased from Aug. 2023 ($3,794 Mil) to Nov. 2023 ($4,002 Mil) but then declined from Nov. 2023 ($4,002 Mil) to Feb. 2024 ($3,780 Mil).

FedEx's annual Accounts Payable increased from May. 2021 ($3,841 Mil) to May. 2022 ($4,030 Mil) but then declined from May. 2022 ($4,030 Mil) to May. 2023 ($3,848 Mil).

FedEx Accounts Payable Historical Data

The historical data trend for FedEx's Accounts Payable 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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FedEx Accounts Payable Chart

FedEx Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable

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3,030.00

3,269.00

3,841.00

4,030.00

3,848.00

FedEx Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable	Get a 7-Day Free Trial															3,987.00	3,848.00	3,794.00	4,002.00	3,780.00

FedEx Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

FedEx Accounts Payable Related Terms

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FedEx (LTS:0QZX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FedEx Corp (LTS:0QZX) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

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Address

942 South Shady Grove Road, Memphis, TN, USA, 38120

Website

https://www.fedex.com

FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.

FedEx (LTS:0QZX) Headlines

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