Compagnie Financiere Richemont (Compagnie Financiere Richemont) Accounts Payable & Accrued Expense : $3,513 Mil (As of Sep. 2023)

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What is Compagnie Financiere Richemont Accounts Payable & Accrued Expense?

Compagnie Financiere Richemont's quarterly accounts payable & accrued expense declined from Sep. 2022 ($3,261 Mil) to Mar. 2023 ($2,894 Mil) but then increased from Mar. 2023 ($2,894 Mil) to Sep. 2023 ($3,513 Mil).

Compagnie Financiere Richemont's annual accounts payable & accrued expense increased from Mar. 2021 ($2,514 Mil) to Mar. 2022 ($3,065 Mil) but then declined from Mar. 2022 ($3,065 Mil) to Mar. 2023 ($2,894 Mil).

Compagnie Financiere Richemont Accounts Payable & Accrued Expense Historical Data

The historical data trend for Compagnie Financiere Richemont'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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Compagnie Financiere Richemont Accounts Payable & Accrued Expense Chart

Compagnie Financiere Richemont Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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2,271.19

1,939.23

2,514.29

3,064.98

2,894.00

Compagnie Financiere Richemont Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,630.59	3,064.98	3,261.39	2,894.00	3,513.34

Compagnie Financiere Richemont 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.

Compagnie Financiere Richemont (Compagnie Financiere Richemont) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Compagnie Financiere Richemont SA (OTCPK:CFRHF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CFR:South Africa CFRUY:USA CFRI:Mexico CFRz:UK 0QMU:UK RIT1:Germany CFR:Switzerland

Address

50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, CHE, 1293

Website

https://www.richemont.com

Richemont is a luxury goods conglomerate with 20 brands. Jewellery and watch brands make up 85% of sales, but the group is also active in accessories, writing instruments, clothing and online luxury retail. Richemont's Jewellery Maisons, including Cartier and Van Cleef & Arpels, account for 67% of revenue and over 86% of profits. Its other brands include Vacheron Constantin, Piaget, Jaeger-LeCoultre, IWC Schaffhausen, Lange & Soehne, Officine Panerai, and Montblanc.