Lvmh Moet Hennessy Louis Vuitton SE (Lvmh Moet Hennessy Louis Vuitton SE) Accounts Payable & Accrued Expense : $12,639 Mil (As of Dec. 2023)

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What is Lvmh Moet Hennessy Louis Vuitton SE Accounts Payable & Accrued Expense?

Lvmh Moet Hennessy Louis Vuitton SE's quarterly accounts payable & accrued expense declined from Dec. 2022 ($11,928 Mil) to Jun. 2023 ($11,590 Mil) but then increased from Jun. 2023 ($11,590 Mil) to Dec. 2023 ($12,639 Mil).

Lvmh Moet Hennessy Louis Vuitton SE's annual accounts payable & accrued expense increased from Dec. 2021 ($10,682 Mil) to Dec. 2022 ($11,928 Mil) and increased from Dec. 2022 ($11,928 Mil) to Dec. 2023 ($12,639 Mil).

Lvmh Moet Hennessy Louis Vuitton SE Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lvmh Moet Hennessy Louis Vuitton SE'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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Lvmh Moet Hennessy Louis Vuitton SE Accounts Payable & Accrued Expense Chart

Lvmh Moet Hennessy Louis Vuitton SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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7,262.22

8,080.29

10,682.49

11,927.97

12,639.04

Lvmh Moet Hennessy Louis Vuitton SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															10,682.49	10,497.89	11,927.97	11,590.47	12,639.04

Lvmh Moet Hennessy Louis Vuitton SE 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.

Lvmh Moet Hennessy Louis Vuitton SE (Lvmh Moet Hennessy Louis Vuitton SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lvmh Moet Hennessy Louis Vuitton SE (OTCPK:LVMUY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LVMHF:USA LVMH01:Thailand MC:Mexico LVMH:Italy MCp:UK 0HAU:UK MC:France MOH:Germany MC:Austria

Address

22, Avenue Montaigne, Paris, FRA, 75008

Website

https://www.lvmh.com

LVMH is a global producer and distributor of luxury goods. It operates six segments: fashion and leather goods, its largest and oldest; watches and jewelry; wines and spirits; perfumes and cosmetics; selective retailing (including Sephora and airport duty-free retailer DFS); and other (including publishing). Higher-profile brands include Louis Vuitton, Bulgari, Fendi, Givenchy, Tag Heuer, Hennessy, Moet & Chandon, Glenmorangie, Sephora, and Benefit. LVMH operates more than 5,000 stores around the globe.