AutoZone (AutoZone) Accounts Payable & Accrued Expense

: $8,476 Mil (As of Feb. 2024)

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AutoZone's quarterly accounts payable & accrued expense increased from Aug. 2023 ($7,704 Mil) to Nov. 2023 ($8,497 Mil) but then declined from Nov. 2023 ($8,497 Mil) to Feb. 2024 ($8,476 Mil).

AutoZone's annual accounts payable & accrued expense increased from Aug. 2021 ($6,489 Mil) to Aug. 2022 ($7,743 Mil) but then declined from Aug. 2022 ($7,743 Mil) to Aug. 2023 ($7,704 Mil).

AutoZone Accounts Payable & Accrued Expense Historical Data

The historical data trend for AutoZone'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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AutoZone Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

5,222.95

5,605.25

6,488.69

7,743.42

7,704.22

AutoZone Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense																8,339.35	8,182.98	7,704.22	8,496.77	8,476.10

AutoZone 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.

AutoZone (AutoZone) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » AutoZone Inc (NYSE:AZO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AZO:Mexico AZ5:Germany AZ5:Germany AZOI34:Brazil AZO:Austria

Address

123 South Front Street, Memphis, TN, USA, 38103

Website

https://www.autozone.com

AutoZone is the premier seller of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in the United States. The company derives an increasing proportion of its sales from domestic commercial customers, although its presence in its home market is still dominated by its do-it-yourself operation, which accounts for around 70% of sales in country. AutoZone also has a growing presence in Mexico and Brazil. AutoZone had 7,140 stores in the U.S. (6,300), Mexico (740), and Brazil (100) as of the end of fiscal 2023.

Executives

K. Michelle Borninkhof	officer: Senior Vice President & CIO	123 FRONT STREET, MEMPHIS TN 38103
Grant E. Mcgee	officer: Sr. Vice President	123 FRONT STREET, MEMPHIS TN 38103
Dennis W. Leriche	officer: Sr. Vice President	123 FRONT STREET, MEMPHIS TN 38103
Domingo Hurtado	officer: Sr. Vice President	123 SOUTH FRONT STREET, MEMPHIS TN 38103
Mrkonic George R Jr	director	C/O BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Thomas B Newbern	officer: Sr. Vice President	123 SOUTH FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Charles Iii Pleas	officer: Vice President and Controller	123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Lindsay Lehman	officer: SVP, Marketing	123 SOUTH FRONT STREET, MEMPHIS TN 38103
Preston Frazer	officer: Senior Vice President	123 SOUTH FRONT ST, MEMPHIS TN 38103
Albert Saltiel	officer: Sr. Vice President	123 SOUTH FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Eric S. Gould	officer: Sr. Vice President	123 SOUTH FRONT STREET, MEMPHIS TN 38103
Jenna M. Bedsole	officer: Sr. Vice President	123 SOUTH FRONT STREET, MEMPHIS TN 38103
William R. Hackney	officer: Sr. Vice President	123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Rhodes William C Iii	officer: Senior Vice President	123 SOUTH FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Philip B. Daniele	officer: Sr. Vice President	123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103