La-Z-Boy (STU:LAZ) Accounts Payable & Accrued Expense : €333 Mil (As of Jan. 2024)

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What is La-Z-Boy Accounts Payable & Accrued Expense?

La-Z-Boy's quarterly accounts payable & accrued expense increased from Jul. 2023 (€326 Mil) to Oct. 2023 (€336 Mil) but then declined from Oct. 2023 (€336 Mil) to Jan. 2024 (€333 Mil).

La-Z-Boy's annual accounts payable & accrued expense increased from Apr. 2021 (€143 Mil) to Apr. 2022 (€169 Mil) and increased from Apr. 2022 (€169 Mil) to Apr. 2023 (€174 Mil).

La-Z-Boy Accounts Payable & Accrued Expense Historical Data

The historical data trend for La-Z-Boy'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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La-Z-Boy Accounts Payable & Accrued Expense Chart

La-Z-Boy Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Accounts Payable & Accrued Expense

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118.04

96.38

143.08

169.30

173.91

La-Z-Boy 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															153.06	173.91	325.58	335.63	332.63

La-Z-Boy 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.

La-Z-Boy (STU:LAZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » La-Z-Boy Inc (STU:LAZ) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

LZB:USA

Address

One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138

Website

https://www.la-z-boy.com

La-Z-Boy Inc is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. It is a producer of reclining chairs and distributors of residential furniture in the U.S. The company chiefly operates in the United States but also has secondary operations in Canada and other countries. The company's reportable segments include the Wholesale segment, which manufactures and imports upholstered furniture; and Retail, which sells upholstered and case goods furniture to the end consumer. The majority of the company's revenue is derived from its Wholesale segment. Some of the core brands of the firm include England, Kincaid, American Drew, and Hammary.