RNG (RingCentral) Accounts Payable & Accrued Expense : $255 Mil (As of Sep. 2024)

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What is RingCentral Accounts Payable & Accrued Expense?

RingCentral's quarterly accounts payable & accrued expense declined from Mar. 2024 ($271 Mil) to Jun. 2024 ($252 Mil) but then increased from Jun. 2024 ($252 Mil) to Sep. 2024 ($255 Mil).

RingCentral's annual accounts payable & accrued expense increased from Dec. 2021 ($282 Mil) to Dec. 2022 ($372 Mil) but then declined from Dec. 2022 ($372 Mil) to Dec. 2023 ($299 Mil).

RingCentral Accounts Payable & Accrued Expense Historical Data

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

RingCentral Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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128.55

205.21

282.22

371.90

299.21

RingCentral Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															290.99	299.21	270.52	251.95	255.00

RingCentral 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.

RingCentral Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RingCentral Inc (NYSE:RNG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

0V50:UK 3RCA:Germany

Address

20 Davis Drive, Belmont, CA, USA, 94002

Website

https://www.ringcentral.com

RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a stand-alone video meetings solution, and webinars.

Executives

Vladimir Shmunis	director, 10 percent owner, officer: CEO and Chairman	C/O RINGCENTRAL, INC., 20 DAVIS DRIVE, BELMONT CA 94002
John H Marlow	officer: SVP & General Counsel	C/O RINGCENTRAL, INC, 20 DAVIS DRIVE, BELMONT CA 94002
Vaibhav Agarwal	officer: Chief Accounting Officer	20 DAVIS DRIVE, BELMONT CA 94002
Robert I Theis	director
Sonalee Elizabeth Parekh	officer: Chief Financial Officer	767 FIFTH AVENUE, NEW YORK NY 10153
Kenneth A Goldman	director	C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
Mohammed Katibeh	officer: Chief Operating Officer	20 DAVIS DRIVE, BELMONT CA 94002
Sri Srinivasan	director	C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Tarek Robbiati	director	6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Mitesh Dhruv	officer: CFO	34601 CASCADES CIRCLE, UNION CITY CA 94587
Anand Eswaran	officer: President & COO	20 DAVIS DRIVE, BELMONT CA 94002
R Neil Williams	director	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Praful Shah	officer: SVP, Strategy	C/O RINGCENTRAL, INC., 1400 FASHION ISLAND BLVD, 7TH FLOOR, SAN MATEO CA 94404
Godfrey Sullivan	director	SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Arne Duncan	director	182 N. UNION AVENUE, FARMINGTON UT 84025