IDT (FRA:IDC2) Accounts Payable & Accrued Expense : €118 Mil (As of Jan. 2024)

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What is IDT Accounts Payable & Accrued Expense?

IDT's quarterly accounts payable & accrued expense increased from Jul. 2023 (€103 Mil) to Oct. 2023 (€118 Mil) and increased from Oct. 2023 (€118 Mil) to Jan. 2024 (€118 Mil).

IDT's annual accounts payable & accrued expense increased from Jul. 2021 (€117 Mil) to Jul. 2022 (€127 Mil) but then declined from Jul. 2022 (€127 Mil) to Jul. 2023 (€103 Mil).

IDT Accounts Payable & Accrued Expense Historical Data

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

IDT Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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135.53

117.14

116.85

127.31

103.21

IDT Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															124.18	126.67	103.21	117.97	118.14

IDT 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.

IDT (FRA:IDC2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » IDT Corp (FRA:IDC2) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

IDT:USA IDC2:Germany

Address

520 Broad Street, Newark, NJ, USA, 07102

Website

https://www.idt.net

IDT Corp is a multinational holding company. It primarily operates in the telecommunications and payment industries. It has four reportable business segments, Fintech, National Retail Solutions & net2phone and Traditional Communications, The Fintech segment is comprised of National Retail Solutions (NRS), an operator of a nationwide point of sale (POS) network providing payment processing, digital advertising, transaction data, and ancillary services, and BOSS Money, a provider of international money remittance and related value/payment transfer services. The net2phone segment provides unified cloud communications and telephony services to business customers.

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