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NetApp (FRA:NTA) Accounts Payable & Accrued Expense : €364 Mil (As of Jan. 2024)


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What is NetApp Accounts Payable & Accrued Expense?

NetApp's quarterly accounts payable & accrued expense increased from Jul. 2023 (€311 Mil) to Oct. 2023 (€389 Mil) but then declined from Oct. 2023 (€389 Mil) to Jan. 2024 (€364 Mil).

NetApp's annual accounts payable & accrued expense increased from Apr. 2021 (€351 Mil) to Apr. 2022 (€562 Mil) but then declined from Apr. 2022 (€562 Mil) to Apr. 2023 (€358 Mil).

NetApp Accounts Payable & Accrued Expense Historical Data

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

NetApp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 482.38 391.92 351.12 562.08 357.50

NetApp Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 400.90 357.50 310.98 389.22 363.53

NetApp 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.

NetApp (FRA:NTA) Business Description

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Address
3060 Olsen Drive, San Jose, CA, USA, 95128
Website
https://www.netapp.com
NetApp Inc is a leading provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

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