Haverty Furniture (Haverty Furniture) Accounts Payable & Accrued Expense : $40.2 Mil (As of Dec. 2023)

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What is Haverty Furniture Accounts Payable & Accrued Expense?

Haverty Furniture's quarterly accounts payable & accrued expense increased from Jun. 2023 ($62.1 Mil) to Sep. 2023 ($66.7 Mil) but then declined from Sep. 2023 ($66.7 Mil) to Dec. 2023 ($40.2 Mil).

Haverty Furniture's annual accounts payable & accrued expense declined from Dec. 2021 ($51.0 Mil) to Dec. 2022 ($43.9 Mil) and declined from Dec. 2022 ($43.9 Mil) to Dec. 2023 ($40.2 Mil).

Haverty Furniture Accounts Payable & Accrued Expense Historical Data

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

Haverty Furniture Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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49.73

57.03

50.98

43.87

40.17

Haverty Furniture Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															43.87	56.00	62.09	66.72	40.17

Haverty Furniture 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.

Haverty Furniture (Haverty Furniture) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Haverty Furniture Companies Inc (NYSE:HVT.A) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HVT:USA 25F:Germany

Address

780 Johnson Ferry Road, Suite 800, Atlanta, GA, USA, 30342

Website

https://www.havertys.com

Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, Florals and Tress, and other related products. The company operates primarily in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of its revenue from its upholstery products and, secondarily, from bedroom furniture.