Robinhood Markets (FRA:7KY) Accounts Payable & Accrued Expense : €5,911 Mil (As of Mar. 2024)

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What is Robinhood Markets Accounts Payable & Accrued Expense?

Robinhood Markets's quarterly accounts payable & accrued expense increased from Sep. 2023 (€4,402 Mil) to Dec. 2023 (€5,026 Mil) and increased from Dec. 2023 (€5,026 Mil) to Mar. 2024 (€5,911 Mil).

Robinhood Markets's annual accounts payable & accrued expense declined from Dec. 2021 (€5,954 Mil) to Dec. 2022 (€4,612 Mil) but then increased from Dec. 2022 (€4,612 Mil) to Dec. 2023 (€5,026 Mil).

Robinhood Markets Accounts Payable & Accrued Expense Historical Data

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

Robinhood Markets Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

2,162.46

4,933.55

5,954.28

4,612.38

5,026.08

Robinhood Markets Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial													4,846.53	4,935.28	4,402.03	5,026.08	5,911.00

Robinhood Markets 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.

Robinhood Markets (FRA:7KY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Robinhood Markets Inc (FRA:7KY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

HOOD:USA HOOD:Mexico

Address

85 Willow Road, Menlo Park, CA, USA, 94025

Website

https://www.robinhood.com

Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.

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