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Safilo Group SpA (Safilo Group SpA) Accounts Payable & Accrued Expense : $243 Mil (As of Dec. 2023)


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What is Safilo Group SpA Accounts Payable & Accrued Expense?

Safilo Group SpA's quarterly accounts payable & accrued expense declined from Dec. 2022 ($251 Mil) to Jun. 2023 ($242 Mil) but then increased from Jun. 2023 ($242 Mil) to Dec. 2023 ($243 Mil).

Safilo Group SpA's annual accounts payable & accrued expense declined from Dec. 2021 ($282 Mil) to Dec. 2022 ($251 Mil) and declined from Dec. 2022 ($251 Mil) to Dec. 2023 ($243 Mil).


Safilo Group SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Safilo Group SpA'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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Safilo Group SpA Accounts Payable & Accrued Expense Chart

Safilo Group SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 254.86 284.15 281.51 250.75 243.10

Safilo Group SpA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 281.51 282.62 250.75 241.69 243.10

Safilo Group SpA 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.


Safilo Group SpA (Safilo Group SpA) Business Description

Traded in Other Exchanges
Address
Settima Strada, 15, Padua, ITA, 35129
Safilo Group SpA makes sunglasses and prescription eyewear. It is engaged in design, production, and wholesale distribution of its products through a network of independent distributors and commercial subsidiaries. Its products are sold through the Carrera, Smith, Polaroid and Oxydo brands, as well as a range of other licensed brands. The company operates solely through the wholesale segment channels and divides itself into the following four geographical segments: Italy, Europe, America, and Asia. The company earns most of its revenue from the America business segment.

Safilo Group SpA (Safilo Group SpA) Headlines