Costco Wholesale (NEOE:COST) Accounts Payable : C$23,617 Mil (As of Feb. 2024)

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What is Costco Wholesale Accounts Payable?

Costco Wholesale's Accounts Payable for the quarter that ended in Feb. 2024 was C$23,617 Mil.

Costco Wholesale's quarterly Accounts Payable increased from Aug. 2023 (C$23,564 Mil) to Nov. 2023 (C$27,903 Mil) but then declined from Nov. 2023 (C$27,903 Mil) to Feb. 2024 (C$23,617 Mil).

Costco Wholesale's annual Accounts Payable increased from Aug. 2021 (C$20,509 Mil) to Aug. 2022 (C$23,054 Mil) and increased from Aug. 2022 (C$23,054 Mil) to Aug. 2023 (C$23,564 Mil).

Costco Wholesale Accounts Payable Historical Data

The historical data trend for Costco Wholesale's Accounts Payable 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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Costco Wholesale Accounts Payable Chart

Costco Wholesale Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable

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15,501.54

18,748.14

20,508.65

23,054.26

23,563.59

Costco Wholesale Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable	Get a 7-Day Free Trial															22,073.98	22,780.20	23,563.59	27,903.34	23,616.90

Costco Wholesale Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Costco Wholesale Accounts Payable Related Terms

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Costco Wholesale (NEOE:COST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Costco Wholesale Corp (NEOE:COST) » Definitions » Accounts Payable

Comparable Companies

Traded in Other Exchanges

COST:USA COST:Mexico CTO0:Germany COST:Chile COWC34:Brazil COST:Argentina

Address

999 Lake Drive, Issaquah, WA, USA, 98027

Website

https://www.costco.com

Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates nearly 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the U.K.