0.13(0.23%) Volume: 2,190,599 1:00PM EDT| Market Cap : 32.93 B | Enterprise Value : 47.28 B | P/E (TTM) : 18.80 | P/B : 4.61 |
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General Mills's quarterly accounts payable & accrued expense declined from Nov. 2018 ($2,824 Mil) to Feb. 2019 ($2,751 Mil) but then increased from Feb. 2019 ($2,751 Mil) to May. 2019 ($3,847 Mil).
General Mills's annual accounts payable & accrued expense increased from May. 2017 ($3,110 Mil) to May. 2018 ($3,821 Mil) and increased from May. 2018 ($3,821 Mil) to May. 2019 ($3,847 Mil).
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
| General Mills Quarterly Data | ||||||||||||||||||||
| Aug14 | Nov14 | Feb15 | May15 | Aug15 | Nov15 | Feb16 | May16 | Aug16 | Nov16 | Feb17 | May17 | Aug17 | Nov17 | Feb18 | May18 | Aug18 | Nov18 | Feb19 | May19 | |
| Accounts Payable & Accrued Expense |
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3,821.10 | 2,723.80 | 2,823.90 | 2,750.50 | 3,846.50 |
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.
From GuruFocus
By Alberto Abaterusso about GIS 2019-09-19 10:20:03
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