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Rite Aid Corp  (NYSE:RAD) Accounts Payable & Accrued Expense: $2,959 Mil (As of Aug. 2017)

Rite Aid Corp's quarterly accounts payable & accrued expense increased from Feb. 2017 ($2,596 Mil) to May. 2017 ($2,986 Mil) but then declined from May. 2017 ($2,986 Mil) to Aug. 2017 ($2,959 Mil).

Rite Aid Corp's annual accounts payable & accrued expense increased from Feb. 2015 ($2,327 Mil) to Feb. 2016 ($2,620 Mil) but then declined from Feb. 2016 ($2,620 Mil) to Feb. 2017 ($2,596 Mil).


Historical Data

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

* Premium members only.

Rite Aid Corp Annual Data

Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,540.96 2,182.88 2,326.94 2,619.80 2,596.28

Rite Aid Corp Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
Accounts Payable & Accrued Expense 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 Premium Member Only Premium Member Only Premium Member Only 3,027.55 3,048.86 2,596.28 2,986.24 2,958.72

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.


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