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Rite Aid (FRA:RTA1) Accounts Payable & Accrued Expense : €2,130 Mil (As of Aug. 2023)


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What is Rite Aid Accounts Payable & Accrued Expense?

Rite Aid's quarterly accounts payable & accrued expense increased from Feb. 2023 (€2,073 Mil) to May. 2023 (€2,096 Mil) and increased from May. 2023 (€2,096 Mil) to Aug. 2023 (€2,130 Mil).

Rite Aid's annual accounts payable & accrued expense increased from Feb. 2021 (€1,720 Mil) to Feb. 2022 (€2,072 Mil) and increased from Feb. 2022 (€2,072 Mil) to Feb. 2023 (€2,073 Mil).


Rite Aid Accounts Payable & Accrued Expense Historical Data

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

Rite Aid Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,138.21 2,045.28 1,719.98 2,072.02 2,072.68

Rite Aid Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 2,212.10 2,211.71 2,072.68 2,095.58 2,129.61

Rite Aid 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.


Rite Aid (FRA:RTA1) Business Description

Traded in Other Exchanges
Address
1200 Intrepid Avenue, PO Box 3165, Philadelphia, PA, USA, 17105
Rite Aid Corp is a large retail drugstore chain in the United States. The company reports via two segments: retail pharmacy and pharmacy services. The retail pharmacy segment generates revenue primarily through the sale of prescription drugs, along with an assortment of merchandise that includes over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and numerous other everyday consumables. The pharmacy-services segment relates to EnvisionRx, a fully owned subsidiary that operates as a pharmacy benefit management provider offering a broad range of pharmaceutical services.

Rite Aid (FRA:RTA1) Headlines

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