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GuruFocus has detected 6 Warning Signs with Parexel International Corp $PRXL.
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Parexel International Corp (NAS:PRXL)
Accounts Payable & Accrued Expense
$265 Mil (As of Mar. 2017)

Parexel International Corp's quarterly accounts payable & accrued expense declined from Sep. 2016 ($300 Mil) to Dec. 2016 ($299 Mil) and declined from Dec. 2016 ($299 Mil) to Mar. 2017 ($265 Mil).

Parexel International Corp's annual accounts payable & accrued expense declined from Jun. 2014 ($314 Mil) to Jun. 2015 ($301 Mil) but then increased from Jun. 2015 ($301 Mil) to Jun. 2016 ($310 Mil).


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.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Parexel International Corp Annual Data

Accounts Payable & Accrued Expense 93138127169152220246314301310

Parexel International Corp Quarterly Data

Accounts Payable & Accrued Expense 239241301294283283310300299265
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