FedEx (FDX) Change In Payables And Accrued Expense : $-2,508 Mil (TTM As of Feb. 2024)

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What is FedEx Change In Payables And Accrued Expense?

FedEx's Change In Payables And Accrued Expense for the quarter that ended in Feb. 2024 was $-1,736 Mil. It means FedEx's Accounts Payable & Accrued Expense declined by $1,736 Mil from Nov. 2023 to Feb. 2024 .

FedEx's Change In Payables And Accrued Expense for the fiscal year that ended in May. 2023 was $-3,331 Mil. It means FedEx's Accounts Payable & Accrued Expense declined by $3,331 Mil from May. 2022 to May. 2023 .

FedEx Change In Payables And Accrued Expense Historical Data

The historical data trend for FedEx's Change In Payables And 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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FedEx Change In Payables And Accrued Expense Chart

FedEx Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Payables And Accrued Expense

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-571.00

-1,787.00

71.00

-1,861.00

-3,331.00

FedEx Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															-1,540.00	203.00	-470.00	-505.00	-1,736.00

FedEx Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2,508 Mil.

FedEx Change In Payables And Accrued Expense Related Terms

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FedEx (FDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FedEx Corp (NYSE:FDX) » Definitions » Change In Payables And Accrued Expense

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Address

942 South Shady Grove Road, Memphis, TN, USA, 38120

Website

https://www.fedex.com

FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.

Executives

John W Dietrich	officer: EVP CHIEF FINANCIAL OFF
Amy B Lane	director	1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Erwin Guy M Ii	officer: STAFF VP INT PRIN ACCT OFFICER	942 S SHADY GROVE ROAD, MEMPHIS TN 38120
Jennifer L Johnson	officer: CVP PRIN ACCT OFFICER	942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Michael C. Lenz	officer: EVP CHIEF FINANCIAL OFF	942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Robert B Carter	officer: EVP CHIEF INFO OFFICER	942 S SHADY GROVE RD, MEMPHIS TN 38120
Tracy B Brightman	officer: EVP - Chief People Officer	942 S SHADY GROVE ROAD, MEMPHIS TN 38120
Stephen E Gorman	director	370 KNOLLWOOD STREET, SUITE 500, WINSTON SALEM NC 27103
Susan C Schwab	director	2101 VAN MUNCHING HALL, COLLEGE PARK MD 20742
Richard W Smith	officer: President/CEO FedEx Express	3610 HACKS CROSS ROAD, BUILDING A 3RD FLOOR, MEMPHIS TN 38125
Frederick W Smith	director, officer: CHAIRMAN OF THE BOARD	942 S SHADY GROVE RD, MEMPHIS TN 38120
Brie Carere	officer: EVP/Chief Mkt & Comm Officer	942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
David P Steiner	director	1001 FANNIN ST, STE 4000, HOUSTON TX 77002
R Brad Martin	director
Paul S Walsh	director	8 HENRIETTA PLACE, LONDON X0 94111