Rakon (RAKNF) Accounts Payable & Accrued Expense : $15.55 Mil (As of Mar. 2024)

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What is Rakon Accounts Payable & Accrued Expense?

Rakon's quarterly accounts payable & accrued expense declined from Mar. 2023 ($18.61 Mil) to Sep. 2023 ($14.74 Mil) but then increased from Sep. 2023 ($14.74 Mil) to Mar. 2024 ($15.55 Mil).

Rakon's annual accounts payable & accrued expense declined from Mar. 2022 ($24.73 Mil) to Mar. 2023 ($18.61 Mil) and declined from Mar. 2023 ($18.61 Mil) to Mar. 2024 ($15.55 Mil).

Rakon Accounts Payable & Accrued Expense Historical Data

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

Rakon Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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13.48

18.58

24.73

18.61

15.55

Rakon Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															24.73	21.43	18.61	14.74	15.55

Rakon 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.

Rakon (RAKNF) Business Description

Industry

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RAK:New Zealand

Address

8 Sylvia Park Road, Mt Wellington, Auckland, NZL, 1060

Website

https://www.rakon.com

Rakon Ltd is engaged in the development of frequency control products and timing solutions for a wide range of applications. Its core markets are Telecommunications, Space & Defence, and Global Positioning. The company's product range consists of low stability Crystal Oscillators (XO), Voltage Controlled Crystal Oscillators (VCXOs), and crystal products, through to high volume precision Temperature Compensated Crystal Oscillators (TCXOs), Oven Controlled Crystal Oscillators (OCXOs), Digital Pulse Compression Sub-Systems (DPCSS), Surface Acoustic Wave (SAW) oscillators and specialized products. The company's geographical segments are New Zealand, France, India, and Others.