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Global Industrial Co (Global Industrial Co) Accounts Payable & Accrued Expense : $163 Mil (As of Mar. 2024)


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What is Global Industrial Co Accounts Payable & Accrued Expense?

Global Industrial Co's quarterly accounts payable & accrued expense declined from Sep. 2023 ($181 Mil) to Dec. 2023 ($145 Mil) but then increased from Dec. 2023 ($145 Mil) to Mar. 2024 ($163 Mil).

Global Industrial Co's annual accounts payable & accrued expense declined from Dec. 2021 ($156 Mil) to Dec. 2022 ($130 Mil) but then increased from Dec. 2022 ($130 Mil) to Dec. 2023 ($145 Mil).

Global Industrial Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Global Industrial Co'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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Global Industrial Co Accounts Payable & Accrued Expense Chart

Global Industrial Co 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 141.90 163.90 155.80 130.00 145.20

Global Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 143.60 177.10 181.10 145.20 162.80

Global Industrial Co 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.

Global Industrial Co (Global Industrial Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Global Industrial Co (NYSE:GIC) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
GML0:Germany
Address
11 Harbor Park Drive, Port Washington, NY, USA, 11050
Website
https://investors.globalindustrial.com
Global Industrial Co is a value-added industrial distributor. It distributes a wide range of industrial and maintenance, repair, and operations (MRO) products to customers across North America, including storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, food service and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.
Executives
Thomas Axmacher officer: VP-Controller (CAO) C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Thomas Suozzi director C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Robert Leeds 2008 Family Trust 10 percent owner C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Bruce Leeds director, officer: V. Chmn & Pres of Int. Op. C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Richard Leeds director, 10 percent owner, officer: Chairman and CEO C/O SYSTEMAX INC., 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Robert Leeds director, officer: V. Chmn & Pres. of Dom. Op. C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Barry Litwin director C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Storch Adina officer: SVP & General Counsel C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Donna Fielding officer: Chief Human Resources Officer C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Christopher Longhito officer: SVP, Operations C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Alex Tomey officer: SVP & Chief Merchandising OFC C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Manoj Shetty officer: SVP & Chief Info Officer C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Robert Dooley officer: Sr. Vice President C/O SYSTEMAX INC., 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Klaus Werner officer: SVP & Chief Marketing Officer C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050
Claudia Hughes officer: SVP & Chief Sales Officer C/O GLOBAL INDUSTRIAL COMPANY, 11 HARBOR PARK DRIVE, PORT WASHINGTON NY 11050