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Fortune Brands Innovations (Fortune Brands Innovations) Accounts Payable & Accrued Expense : $1,200 Mil (As of Dec. 2023)


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What is Fortune Brands Innovations Accounts Payable & Accrued Expense?

Fortune Brands Innovations's quarterly accounts payable & accrued expense increased from Jun. 2023 ($490 Mil) to Sep. 2023 ($570 Mil) and increased from Sep. 2023 ($570 Mil) to Dec. 2023 ($1,200 Mil).

Fortune Brands Innovations's annual accounts payable & accrued expense declined from Dec. 2021 ($1,207 Mil) to Dec. 2022 ($946 Mil) but then increased from Dec. 2022 ($946 Mil) to Dec. 2023 ($1,200 Mil).


Fortune Brands Innovations Accounts Payable & Accrued Expense Historical Data

The historical data trend for Fortune Brands Innovations'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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Fortune Brands Innovations Accounts Payable & Accrued Expense Chart

Fortune Brands Innovations Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,009.60 1,345.10 1,207.40 945.50 1,200.40

Fortune Brands Innovations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 945.50 423.70 489.50 570.40 1,200.40

Fortune Brands Innovations 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.


Fortune Brands Innovations (Fortune Brands Innovations) Business Description

Traded in Other Exchanges
Address
520 Lake Cook Road, Suite 300, Deerfield, IL, USA, 60015-5611
Fortune Brands Innovations is a leading home and security products company that operates two segments. The company's $2.6 billion plumbing segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures, and the $2.2 billion outdoors and security segment sells entry doors under the Therma-Tru brand name, Fiberon-branded patio decking, and locks and other security devices under the Master Lock and SentrySafe brand names.
Executives
Ann F Hackett director
Amee Chande director 520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Stephanie L. Pugliese director 170 COUNTRYSIDE DRIVE, BELLEVILLE WI 53508
David V. Barry officer: EVP & CFO FORTUNE BRANDS INNOVATIONS, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Lee John Dong Gu officer: EVP Chief Strategy & Growth 520 LAKE COOK ROAD, DEERFIELD IL 60015
Ron Wilson officer: EVP, Chief Supply Chain FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Hiranda S Donoghue officer: EVP Chief Legal & Secretary 520 LAKE COOK ROAD, DEERFIELD IL 60015
Cheri M Phyfer officer: EVP, Group President 520 LAKE COOK ROAD, DEERFIELD IL 60015
Sheri Grissom officer: EVP, CHRO & Transformation 13000 WEST SILVER SPRING DRIVE, BUTLER WI 53007
Nicholas I. Fink director, officer: Chief Executive Officer 510 LAKE COOK ROAD, DEERFIELD IL 60015
Patrick D Hallinan officer: EVP & CFO FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Mackay A D David director
Martin Thomas officer: SVP Ops &Supply Chain Strategy FORTUNE BRANDS HOME & SECURITY, INC., SUITE 300, DEERFIELD IL 60015
May Russell officer: SVP & CDO 520 LAKE COOK ROAD, DEERFIELD IL 60015
Danny Luburic officer: Vice President & Controller FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015