Koninklijke Philips NV (Koninklijke Philips NV) Accounts Payable & Accrued Expense : $4,593 Mil (As of Dec. 2023)

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What is Koninklijke Philips NV Accounts Payable & Accrued Expense?

Koninklijke Philips NV's quarterly accounts payable & accrued expense declined from Jun. 2023 ($3,632 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($4,593 Mil).

Koninklijke Philips NV's annual accounts payable & accrued expense declined from Dec. 2021 ($4,807 Mil) to Dec. 2022 ($4,197 Mil) but then increased from Dec. 2022 ($4,197 Mil) to Dec. 2023 ($4,593 Mil).

Koninklijke Philips NV Accounts Payable & Accrued Expense Historical Data

The historical data trend for Koninklijke Philips NV'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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Koninklijke Philips NV Accounts Payable & Accrued Expense Chart

Koninklijke Philips NV Annual Data

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Accounts Payable & Accrued Expense

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4,987.78

5,497.57

4,806.78

4,197.03

4,593.24

Koninklijke Philips NV 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															4,197.03	-	3,631.64	-	4,593.24

Koninklijke Philips NV 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.

Koninklijke Philips NV (Koninklijke Philips NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Koninklijke Philips NV (NYSE:PHG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

RYLPF:USA PHIA:Netherlands PHIA:Italy 0A2M:UK PHIAa:UK 0LNG:UK PHIA:Germany PHI1:Germany PHI1:Germany PHI1:Germany PHIA:Germany PHI1:Germany PHGN34:Brazil PHIA:Austria

Address

Philips Center, Amstelplein 2, Amsterdam, NLD, 1096 BC

Website

https://www.philips.com

Philips is a diversified global healthcare company operating in three segments: diagnosis and treatment, connected care, and personal health. Around 50% of the company's revenue comes from the diagnosis and treatment segment, which features imaging systems, ultrasound equipment, image-guided therapy solutions and healthcare informatics. The connected care segment (around 30% of revenue) encompasses monitoring and analytics systems for hospitals and sleep and respiratory care devices, whereas the personal health business (remainder of revenue) includes electric toothbrushes and men's grooming and personal-care products.