Cisco Systems (FRA:CIS) Accounts Payable & Accrued Expense : €3,419 Mil (As of Jan. 2024)

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What is Cisco Systems Accounts Payable & Accrued Expense?

Cisco Systems's quarterly accounts payable & accrued expense declined from Jul. 2023 (€5,919 Mil) to Oct. 2023 (€4,227 Mil) and declined from Oct. 2023 (€4,227 Mil) to Jan. 2024 (€3,419 Mil).

Cisco Systems's annual accounts payable & accrued expense increased from Jul. 2021 (€2,676 Mil) to Jul. 2022 (€3,187 Mil) and increased from Jul. 2022 (€3,187 Mil) to Jul. 2023 (€5,919 Mil).

Cisco Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cisco Systems'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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Cisco Systems Accounts Payable & Accrued Expense Chart

Cisco Systems Annual Data

Trend

Jul14

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Jul23

Accounts Payable & Accrued Expense

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2,861.54

2,659.59

2,675.90

3,186.89

5,919.39

Cisco Systems Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,202.91	5,083.49	5,919.39	4,227.41	3,418.63

Cisco Systems 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.

Cisco Systems (FRA:CIS) Business Description

Industry

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Address

170 West Tasman Drive, San Jose, CA, USA, 95134-1706

Website

https://www.cisco.com

Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software like firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employees 80,000 employees and sells its products globally.

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