Renold (AQSE:RNO.GB) Accounts Payable & Accrued Expense : £65.6 Mil (As of Sep. 2023)

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What is Renold Accounts Payable & Accrued Expense?

Renold's quarterly accounts payable & accrued expense declined from Sep. 2022 (£66.9 Mil) to Mar. 2023 (£40.1 Mil) but then increased from Mar. 2023 (£40.1 Mil) to Sep. 2023 (£65.6 Mil).

Renold's annual accounts payable & accrued expense increased from Mar. 2021 (£18.8 Mil) to Mar. 2022 (£33.3 Mil) and increased from Mar. 2022 (£33.3 Mil) to Mar. 2023 (£40.1 Mil).

Renold Accounts Payable & Accrued Expense Historical Data

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

Renold Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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26.90

38.60

18.80

33.30

40.10

Renold Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															48.40	33.30	66.90	40.10	65.60

Renold 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.

Renold (AQSE:RNO.GB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Renold PLC (AQSE:RNO.GB) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

RNO:UK 7M5:Germany

Address

Styal Road, Trident Business Park, Trident 2, Wythenshawe, Manchester, GBR, M22 5XB

Website

https://www.renold.com

Renold PLC is a United Kingdom-based manufacturer of industrial conveyor chains and other machine components. The company's operating segments include: The Chain and The Torque Transmission. Chain segment manufactures and sells power transmission and conveyor chain. It generates maximum revenue from the Chain segment. Geographically, it derives majority of revenue from the Americas and also has a presence in Rest of Europe, Australasia, China, India, and Other countries. The company serves agriculture, forestry and fishing, construction machinery, energy, environmental, food and drink, mining and quarrying and transportation sectors.

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