Nestle (Nestle) Accounts Payable & Accrued Expense : $24,935 Mil (As of Dec. 2023)

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What is Nestle Accounts Payable & Accrued Expense?

Nestle's quarterly accounts payable & accrued expense declined from Dec. 2022 ($24,657 Mil) to Jun. 2023 ($22,664 Mil) but then increased from Jun. 2023 ($22,664 Mil) to Dec. 2023 ($24,935 Mil).

Nestle's annual accounts payable & accrued expense declined from Dec. 2021 ($25,916 Mil) to Dec. 2022 ($24,657 Mil) but then increased from Dec. 2022 ($24,657 Mil) to Dec. 2023 ($24,935 Mil).

Nestle Accounts Payable & Accrued Expense Historical Data

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

Nestle Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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21,856.30

23,836.11

25,916.40

24,656.51

24,935.25

Nestle 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															25,916.40	23,636.36	24,656.51	22,664.37	24,935.25

Nestle 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.

Nestle (Nestle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle SA (OTCPK:NSRGY) » Definitions » Accounts Payable & Accrued Expense

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NSRGF:USA NESN:Mexico NESNz:UK 0QR4:UK NESM:Germany NESNE:Switzerland NESN:Switzerland

Address

Avenue Nestle 55, Vevey, CHE, CH-1800

Website

https://www.nestle.com

With a 150-year-plus history, Nestle is the largest food and beverage manufacturer in the world by sales, generating more than CHF 90 billion in annual revenue. Its diverse product portfolio includes brands such as Nestle, Nescafe, Perrier, Pure Life, and Purina. Nestle also owns around 20% of French cosmetics firm L'Oreal. The company employs 275,000 people around the world and has a vast portfolio of global products, with more than 30 brands each achieving more than CHF 1 billion in sales annually and a geographic presence that spans almost 190 countries.