Myer Holdings (FRA:30M) Accounts Payable & Accrued Expense : €295 Mil (As of Jan. 2024)

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What is Myer Holdings Accounts Payable & Accrued Expense?

Myer Holdings's quarterly accounts payable & accrued expense declined from Jan. 2023 (€320 Mil) to Jul. 2023 (€245 Mil) but then increased from Jul. 2023 (€245 Mil) to Jan. 2024 (€295 Mil).

Myer Holdings's annual accounts payable & accrued expense increased from Jul. 2021 (€222 Mil) to Jul. 2022 (€289 Mil) but then declined from Jul. 2022 (€289 Mil) to Jul. 2023 (€245 Mil).

Myer Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Myer 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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Myer Holdings Accounts Payable & Accrued Expense Chart

Myer Holdings Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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231.97

217.01

221.73

289.24

244.87

Myer Holdings Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															317.17	289.24	319.96	244.87	294.95

Myer 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.

Myer Holdings (FRA:30M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Myer Holdings Ltd (FRA:30M) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

MYR:Australia

Address

1000 La Trobe Street, Level 7, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.myer.com.au

Myer is Australia's largest department store operator, with some 60 stores that are mostly spread across eastern states. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The brand is somewhat iconic among Australian domestic consumers. The group's loyalty programme has more than 4 million active members.

Myer Holdings (FRA:30M) Headlines

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