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Rackspace Hosting Inc (NYSE:RAX)
Accounts Payable & Accrued Expense
$181 Mil (As of Sep. 2016)

Rackspace Hosting Inc's quarterly accounts payable & accrued expense increased from Mar. 2016 ($213 Mil) to Jun. 2016 ($219 Mil) but then declined from Jun. 2016 ($219 Mil) to Sep. 2016 ($181 Mil).

Rackspace Hosting Inc's annual accounts payable & accrued expense increased from Dec. 2013 ($196 Mil) to Dec. 2014 ($216 Mil) but then declined from Dec. 2014 ($216 Mil) to Dec. 2015 ($206 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.

Rackspace Hosting Inc Annual Data

Accounts Payable & Accrued Expense 29676377112156175196216206

Rackspace Hosting Inc Quarterly Data

Accounts Payable & Accrued Expense 232244216215256237206213219181
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