The Wendy's Co (FRA:TQK) Accounts Payable & Accrued Expense : €157 Mil (As of Mar. 2024)

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What is The Wendy's Co Accounts Payable & Accrued Expense?

The Wendy's Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (€179 Mil) to Dec. 2023 (€51 Mil) but then increased from Dec. 2023 (€51 Mil) to Mar. 2024 (€157 Mil).

The Wendy's Co's annual accounts payable & accrued expense increased from Dec. 2021 (€61 Mil) to Dec. 2022 (€70 Mil) but then declined from Dec. 2022 (€70 Mil) to Dec. 2023 (€51 Mil).

The Wendy's Co Accounts Payable & Accrued Expense Historical Data

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

The Wendy's Co Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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41.96

79.39

61.34

70.00

50.90

The Wendy's Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															167.36	157.91	178.62	50.90	156.76

The Wendy's Co 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.

The Wendy's Co (FRA:TQK) Business Description

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Traded in Other Exchanges

WEN:USA

Address

One Dave Thomas Boulevard, Dublin, OH, USA, 43017

Website

https://www.wendys.com

The Wendy's Company is the second-largest burger quick-service restaurant, or QSR, chain in the United States by systemwide sales, with $11.7 billion in 2022, narrowly edging Burger King ($10.3 billion) and clocking in well behind wide-moat McDonald's ($48.1 billion). After divestitures of Tim Hortons (2006) and Arby's (2011), the firm manages just the burger banner, generating sales across a footprint that spanned almost 7,100 total units in 30 countries as of year-end 2022. Wendy's generates revenue from the sale of hamburgers, chicken sandwiches, salads, and fries throughout its company-owned footprint, through franchise royalty and marketing fund payments remitted by its franchisees, which account for 94% of stores, and through franchise flipping and advisory fees.

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