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Zimmer Biomet Holdings (LTS:0QQD) Accounts Payable & Accrued Expense : CHF1,312 Mil (As of Dec. 2023)


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What is Zimmer Biomet Holdings Accounts Payable & Accrued Expense?

Zimmer Biomet Holdings's quarterly accounts payable & accrued expense declined from Jun. 2023 (CHF393 Mil) to Sep. 2023 (CHF375 Mil) but then increased from Sep. 2023 (CHF375 Mil) to Dec. 2023 (CHF1,312 Mil).

Zimmer Biomet Holdings's annual accounts payable & accrued expense increased from Dec. 2021 (CHF1,126 Mil) to Dec. 2022 (CHF1,221 Mil) and increased from Dec. 2022 (CHF1,221 Mil) to Dec. 2023 (CHF1,312 Mil).


Zimmer Biomet Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Zimmer Biomet Holdings'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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Zimmer Biomet Holdings Accounts Payable & Accrued Expense Chart

Zimmer Biomet Holdings 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 1,591.62 1,405.54 1,125.74 1,221.42 1,311.56

Zimmer Biomet Holdings 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 1,221.42 627.40 392.75 374.95 1,311.56

Zimmer Biomet Holdings 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.


Zimmer Biomet Holdings (LTS:0QQD) Business Description

Traded in Other Exchanges
Address
345 East Main Street, Warsaw, IN, USA, 46580
Zimmer Biomet designs, manufactures, and markets orthopedic reconstructive implants, as well as supplies and surgical equipment for orthopedic surgery. With the acquisitions of Centerpulse in 2003 and Biomet in 2015, Zimmer holds the leading share of the reconstructive market in the United States, Europe, and Japan. Roughly two thirds of total revenue is derived from sales of large joints, another quarter comes from extremities, trauma, sports medicine, and related surgical products. The firm spun out its dental and spine businesses in 2022.

Zimmer Biomet Holdings (LTS:0QQD) Headlines

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