Oracle (XSGO:ORCL) Accounts Payable & Accrued Expense : $1,658 Mil (As of Feb. 2024)

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What is Oracle Accounts Payable & Accrued Expense?

Oracle's quarterly accounts payable & accrued expense increased from Aug. 2023 ($1,034 Mil) to Nov. 2023 ($1,107 Mil) and increased from Nov. 2023 ($1,107 Mil) to Feb. 2024 ($1,658 Mil).

Oracle's annual accounts payable & accrued expense increased from May. 2021 ($745 Mil) to May. 2022 ($1,317 Mil) but then declined from May. 2022 ($1,317 Mil) to May. 2023 ($1,204 Mil).

Oracle Accounts Payable & Accrued Expense Historical Data

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

Oracle Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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580.00

637.00

745.00

1,317.00

1,204.00

Oracle Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,610.00	1,204.00	1,034.00	1,107.00	1,658.00

Oracle 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.

Oracle (XSGO:ORCL) Business Description

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Website

https://www.oracle.com

Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.