Medtronic (HAM:2M6) Accounts Payable & Accrued Expense : €6,049 Mil (As of Jan. 2024)

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What is Medtronic Accounts Payable & Accrued Expense?

Medtronic's quarterly accounts payable & accrued expense increased from Jul. 2023 (€6,177 Mil) to Oct. 2023 (€6,213 Mil) but then declined from Oct. 2023 (€6,213 Mil) to Jan. 2024 (€6,049 Mil).

Medtronic's annual accounts payable & accrued expense increased from Apr. 2021 (€5,029 Mil) to Apr. 2022 (€6,048 Mil) and increased from Apr. 2022 (€6,048 Mil) to Apr. 2023 (€6,460 Mil).

Medtronic Accounts Payable & Accrued Expense Historical Data

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

Medtronic Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Accounts Payable & Accrued Expense

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4,846.05

5,051.72

5,029.38

6,047.71

6,459.70

Medtronic 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															6,028.29	6,459.70	6,177.03	6,213.27	6,048.70

Medtronic 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.

Medtronic (HAM:2M6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medtronic PLC (HAM:2M6) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

MDT:USA MDTN:Mexico 1MDT:Italy 2M6:Germany MDTC34:Brazil MDT:Austria MDT:Argentina

Address

Lower Hatch Street, 20 On Hatch, Dublin, IRL, 2

Website

https://www.medtronic.com

One of the largest medical-device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for roughly 50% of the company's total sales.

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