Rapid7 (LTS:0KTX) Accounts Payable & Accrued Expense : $80.1 Mil (As of Jun. 2024)

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What is Rapid7 Accounts Payable & Accrued Expense?

Rapid7's quarterly accounts payable & accrued expense declined from Dec. 2023 ($100.3 Mil) to Mar. 2024 ($72.1 Mil) but then increased from Mar. 2024 ($72.1 Mil) to Jun. 2024 ($80.1 Mil).

Rapid7's annual accounts payable & accrued expense increased from Dec. 2021 ($86.1 Mil) to Dec. 2022 ($90.6 Mil) and increased from Dec. 2022 ($90.6 Mil) to Dec. 2023 ($100.3 Mil).

Rapid7 Accounts Payable & Accrued Expense Historical Data

The historical data trend for Rapid7'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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Rapid7 Accounts Payable & Accrued Expense Chart

Rapid7 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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47.86

65.54

86.14

90.56

100.30

Rapid7 Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															78.45	72.34	100.30	72.12	80.06

Rapid7 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.

Rapid7 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rapid7 Inc (LTS:0KTX) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

RPD:USA R7D:Germany

Address

120 Causeway Street, Boston, MA, USA, 02114

Website

https://www.rapid7.com

Founded in 2000, Rapid7 is a cybersecurity company that began providing vulnerability management solutions. It has, however, expanded its portfolio to provide extended detection and response; security information and event management; cloud security, threat intelligence, and application security; and security orchestration, automation, and response. The Boston-based company went public in 2015.

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