Organizacion SorianaB de CV (Organizacion SorianaB de CV) Accounts Payable & Accrued Expense : $2,110 Mil (As of Jun. 2023)

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What is Organizacion SorianaB de CV Accounts Payable & Accrued Expense?

Organizacion SorianaB de CV's quarterly accounts payable & accrued expense declined from Dec. 2022 ($1,698 Mil) to Mar. 2023 ($1,533 Mil) but then increased from Mar. 2023 ($1,533 Mil) to Jun. 2023 ($2,110 Mil).

Organizacion SorianaB de CV's annual accounts payable & accrued expense increased from Dec. 2020 ($1,615 Mil) to Dec. 2021 ($1,633 Mil) and increased from Dec. 2021 ($1,633 Mil) to Dec. 2022 ($1,698 Mil).

Organizacion SorianaB de CV Accounts Payable & Accrued Expense Historical Data

The historical data trend for Organizacion SorianaB de CV'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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Organizacion SorianaB de CV Accounts Payable & Accrued Expense Chart

Organizacion SorianaB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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1,729.16

1,887.28

1,615.37

1,632.69

1,697.73

Organizacion SorianaB de CV Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,592.14	1,248.20	1,697.73	1,533.32	2,110.27

Organizacion SorianaB de CV 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.

Organizacion SorianaB de CV (Organizacion SorianaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Organizacion Soriana SAB de CV (OTCPK:ONZBF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SORIANAB:Mexico

Address

Alejandro De rodas 3102-A, Cumbres 8° Sector, Monterrey, MEX, 64610

Website

https://www.soriana.com.mx

Organizacion Soriana SAB de CV is a Mexican company with a multiformat strategy. Soriana offers a diverse range of products: food, clothing, healthcare, and basic services. The company operates self-service stores, warehouse clubs, and convenience stores. Store formats are diverse, from hypermarkets with 7,000-square-metre average sales floor area, as with Soriana Hiper; to stores offering low prices on basic commodities, as with Soriano Mercado; to stores offering high-quality products, as with Soriana Super.