New Relic Accounts Payable

New Relic posts a accounts payable of $28M as of September 2023. That compares with $34M in the prior-year period — down 17.9% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, New Relic's accounts payable was $34M. The latest reading is $28M — a 17.9% year-over-year decrease (period ending September 2023). Use the history and growth charts on this page for a longer lookback.

Accounts Payable is one piece of New Relic's financial statement story. At $28M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for NEWR's accounts payable usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; New Relic's other metric pages and overview cover the third.

Judging New Relic against Technology peers is usually better than using a market-wide rule of thumb. Business models inside Technology are more comparable, which makes gaps in accounts payable easier to interpret. Start with $28M here, then scan peer and history charts to see if the gap is persistent.