Wesfarmers (Wesfarmers) Accounts Payable & Accrued Expense : $3,886 Mil (As of Dec. 2023)

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What is Wesfarmers Accounts Payable & Accrued Expense?

Wesfarmers's quarterly accounts payable & accrued expense declined from Dec. 2022 ($3,839 Mil) to Jun. 2023 ($3,536 Mil) but then increased from Jun. 2023 ($3,536 Mil) to Dec. 2023 ($3,886 Mil).

Wesfarmers's annual accounts payable & accrued expense increased from Jun. 2021 ($3,237 Mil) to Jun. 2022 ($3,768 Mil) but then declined from Jun. 2022 ($3,768 Mil) to Jun. 2023 ($3,536 Mil).

Wesfarmers Accounts Payable & Accrued Expense Historical Data

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

Wesfarmers Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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2,513.89

2,766.05

3,237.00

3,768.10

3,535.57

Wesfarmers 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															3,722.46	3,768.10	3,838.73	3,535.57	3,885.54

Wesfarmers 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.

Wesfarmers (Wesfarmers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wesfarmers Ltd (OTCPK:WFAFY) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

WFAFF:USA WF3:Germany WES:Australia

Address

123 St Georges Terrace, Level 14, Brookfield Place Tower 2, Perth, WA, AUS, 6000

Website

https://www.wesfarmers.com.au

Wesfarmers is Australia's largest conglomerate. Its retail operations include the Bunnings hardware chain (number one in market share), discount department stores Kmart and Target (number one and three) and Officeworks in office supplies (number one). These activities account for the vast majority of group earnings before taxes. Other operations include chemicals, fertilisers, industrial and medical gases, LPG production and distribution, and industrial and safety supplies. Management is focused on generating cash and creating shareholder wealth in the long term.

Wesfarmers (Wesfarmers) Headlines

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