Costco Wholesale (BUE:COST) Accounts Payable & Accrued Expense : ARS8,597,050 Mil (As of Feb. 2024)

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What is Costco Wholesale Accounts Payable & Accrued Expense?

Costco Wholesale's quarterly accounts payable & accrued expense increased from Aug. 2023 (ARS6,599,436 Mil) to Nov. 2023 (ARS9,463,300 Mil) but then declined from Nov. 2023 (ARS9,463,300 Mil) to Feb. 2024 (ARS8,597,050 Mil).

Costco Wholesale's annual accounts payable & accrued expense increased from Aug. 2021 (ARS1,593,640 Mil) to Aug. 2022 (ARS3,183,825 Mil) and increased from Aug. 2022 (ARS3,183,825 Mil) to Aug. 2023 (ARS6,599,436 Mil).

Costco Wholesale Accounts Payable & Accrued Expense Historical Data

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

Costco Wholesale Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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702,573.51

1,386,182.66

1,593,640.04

3,183,824.59

6,599,436.01

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 & Accrued Expense	Get a 7-Day Free Trial															4,289,835.65	5,125,660.99	6,599,436.01	9,463,299.86	8,597,049.87

Costco Wholesale 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.

Costco Wholesale (BUE:COST) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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

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.