Greif (FRA:GR3) Accounts Payable & Accrued Expense : €523 Mil (As of Jan. 2024)

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What is Greif Accounts Payable & Accrued Expense?

Greif's quarterly accounts payable & accrued expense increased from Jul. 2023 (€570 Mil) to Oct. 2023 (€602 Mil) but then declined from Oct. 2023 (€602 Mil) to Jan. 2024 (€523 Mil).

Greif's annual accounts payable & accrued expense increased from Oct. 2021 (€745 Mil) to Oct. 2022 (€747 Mil) but then declined from Oct. 2022 (€747 Mil) to Oct. 2023 (€602 Mil).

Greif Accounts Payable & Accrued Expense Historical Data

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

Greif Annual Data

Trend

Oct14

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Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accounts Payable & Accrued Expense

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522.15

487.05

745.46

746.74

601.82

Greif 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															519.96	569.00	569.97	601.82	522.80

Greif 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.

Greif (FRA:GR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Greif Inc (FRA:GR3) » Definitions » Accounts Payable & Accrued Expense

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AMBP PTVE OI SLGN TRS SEE KRT MYE PACK VKSC BALL AVY PKG IP AMCR WRK DUB:SK3 CCK TSX:CCL.A GPK

Traded in Other Exchanges

GEF.B:USA GEF:USA GB6B:Germany

Address

425 Winter Road, Delaware, OH, USA, 43015

Website

https://www.greif.com

Greif Inc is a producer of industrial packaging products and services with manufacturing facilities located in many countries. It offers a comprehensive line of rigid industrial packaging products, such as steel, fiber, and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, blending, filling, logistics, warehousing, and other packaging services. The company operates in three reportable business segments including Global Industrial Packaging, Paper Packaging and Services, and Land Management. It operates in North and Latin America, Europe, Middle East, Africa and Asia Pacific regions.

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