Macy's (Macy's) Accounts Payable & Accrued Expense : $3,662 Mil (As of Jan. 2024)

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What is Macy's Accounts Payable & Accrued Expense?

Macy's's quarterly accounts payable & accrued expense increased from Jul. 2023 ($4,184 Mil) to Oct. 2023 ($5,854 Mil) but then declined from Oct. 2023 ($5,854 Mil) to Jan. 2024 ($3,662 Mil).

Macy's's annual accounts payable & accrued expense declined from Jan. 2022 ($4,064 Mil) to Jan. 2023 ($3,981 Mil) and declined from Jan. 2023 ($3,981 Mil) to Jan. 2024 ($3,662 Mil).

Macy's Accounts Payable & Accrued Expense Historical Data

The historical data trend for Macy's'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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Macy's Accounts Payable & Accrued Expense Chart

Macy's Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Accounts Payable & Accrued Expense

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3,475.00

3,606.00

4,064.00

3,981.00

3,662.00

Macy's Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,981.00	4,782.00	4,184.00	5,854.00	3,662.00

Macy's 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.

Macy's (Macy's) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Macy's Inc (NYSE:M) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

M:Mexico FDO:Germany FDO:Germany MACY34:Brazil MACY:Austria

Address

151 West 34th Street, New York, NY, USA, 10001

Website

https://www.macysinc.com

Founded in 1858 and based in New York City, Macy's operates about 550 stores under the Macy's nameplate, nearly 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's nameplates, and 158 freestanding Bluemercury specialty beauty stores. Macy's also operates e-commerce sites and licenses two Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances composed 61% of Macy's 2022 sales.

Executives

Adrian V Mitchell	officer: Chief Financial Officer	C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Paul Griscom	officer: Interim Principal Acctg. Offr.	C/O MACY'S, INC., 145 PROGRESS PLACE, SPRINGDALE OH 45246
Danielle L. Kirgan	officer: Chief Human Resources Officer	C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Garcia C Elisa D	officer: Chief Legal Officer	151 WEST 34TH STREET, NEW YORK NY 10001
Jeffrey Gennette	officer: Chief Merchandising Officer	C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Antony Spring	officer: Chairman & CEO, Bloomingdale's	C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Naveen K. Chopra	director	C/O 2160 GOLD STREET, SAN JOSE CA 95002
Emilie Arel	director	C/O CASPER SLEEP INC., 175 GREENWICH ST., THREE WORLD TRADE CENTER, FLOOR 39, NEW YORK NY 10007
Jill Granoff	director	LIZ CLAIBORNE, INC., 1441 BROADWAY, NEW YORK NY 10018
Marie A Chandoha	director	C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Ashley Buchanan	director	C/O THE MICHAELS COMPANIES, INC., 8000 BENT BRANCH DRIVE, IRVING TX 75063
Tracey Zhen	director	C/O MACY'S, INC., 145 PROGRESS PLACE, SPRINGDALE OH 45246
John T. Harper	officer: Chief Operations Officer	C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001
Paul C Varga	director	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Felicia Williams	officer: EVP,Controller/Enterprise Risk	C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001