Pricesmart (FRA:PS8) Accounts Payable & Accrued Expense : €572 Mil (As of Feb. 2024)

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What is Pricesmart Accounts Payable & Accrued Expense?

Pricesmart's quarterly accounts payable & accrued expense increased from Aug. 2023 (€517 Mil) to Nov. 2023 (€570 Mil) and increased from Nov. 2023 (€570 Mil) to Feb. 2024 (€572 Mil).

Pricesmart's annual accounts payable & accrued expense increased from Aug. 2021 (€407 Mil) to Aug. 2022 (€492 Mil) and increased from Aug. 2022 (€492 Mil) to Aug. 2023 (€517 Mil).

Pricesmart Accounts Payable & Accrued Expense Historical Data

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

Pricesmart Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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313.48

381.58

406.92

491.85

516.69

Pricesmart Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															475.45	475.11	516.69	569.51	571.67

Pricesmart 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.

Pricesmart (FRA:PS8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Pricesmart Inc (FRA:PS8) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PSMT:USA PS8:Germany

Address

9740 Scranton Road, San Diego, CA, USA, 92121

Website

https://www.pricesmart.com

Pricesmart Inc is principally engaged in operating U.S.-style membership shopping warehouse clubs that offer consumer goods at low prices. The company is headquartered in San Diego, California, United States, and operates stores in Latin America and the Caribbean, with Central America contributing over half of its net warehouse club sales. The company's revenue consists of net warehouse club sales from merchandise sales, membership income from annual membership fees, export sales, and other income, with net warehouse club sales accounting for the majority of the company's total revenue.

Pricesmart (FRA:PS8) Headlines

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