Snap-on (BSP:S1NA34) Accounts Payable & Accrued Expense : R$4,148 Mil (As of Mar. 2024)

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What is Snap-on Accounts Payable & Accrued Expense?

Snap-on's quarterly accounts payable & accrued expense declined from Sep. 2023 (R$3,914 Mil) to Dec. 2023 (R$3,271 Mil) but then increased from Dec. 2023 (R$3,271 Mil) to Mar. 2024 (R$4,148 Mil).

Snap-on's annual accounts payable & accrued expense declined from Dec. 2021 (R$3,921 Mil) to Dec. 2022 (R$3,701 Mil) and declined from Dec. 2022 (R$3,701 Mil) to Dec. 2023 (R$3,271 Mil).

Snap-on Accounts Payable & Accrued Expense Historical Data

The historical data trend for Snap-on'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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Snap-on Accounts Payable & Accrued Expense Chart

Snap-on Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,249.27

3,370.81

3,920.54

3,700.63

3,271.11

Snap-on 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															4,373.66	3,813.55	3,913.92	3,271.11	4,147.68

Snap-on 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.

Snap-on (BSP:S1NA34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Snap-on Inc (BSP:S1NA34) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SNA:USA SPU:Germany SNA:Argentina

Address

2801 80th Street, Kenosha, WI, USA, 53143

Website

https://www.snapon.com

Snap-on manufactures premium tools and software for repair professionals. Hand tools are sold through franchisee-operated mobile vans that serve auto technicians who purchase tools at their own expense. A unique element of its business model is that franchisees bear significant risk, as they must invest in the mobile van, inventory, and software. At the same time, franchisees extend personal credit directly to technicians on an individual tool basis. Snap-on currently operates three segments: repair systems and information, commercial and industrial, and tools. Its finance arm provides financing to franchisees to run their operations, which includes offering loans and leases for mobile vans.

Snap-on (BSP:S1NA34) Headlines

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