AutoZone (WBO:AZO) Accounts Payable & Accrued Expense : €7,857 Mil (As of Feb. 2024)

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What is AutoZone Accounts Payable & Accrued Expense?

AutoZone's quarterly accounts payable & accrued expense increased from Aug. 2023 (€7,065 Mil) to Nov. 2023 (€7,851 Mil) and increased from Nov. 2023 (€7,851 Mil) to Feb. 2024 (€7,857 Mil).

AutoZone's annual accounts payable & accrued expense increased from Aug. 2021 (€5,515 Mil) to Aug. 2022 (€7,643 Mil) but then declined from Aug. 2022 (€7,643 Mil) to Aug. 2023 (€7,065 Mil).

AutoZone Accounts Payable & Accrued Expense Historical Data

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

AutoZone Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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4,695.43

4,736.44

5,515.39

7,642.76

7,064.77

AutoZone Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															7,788.95	7,528.34	7,064.77	7,851.01	7,857.35

AutoZone 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.

AutoZone (WBO:AZO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » AutoZone Inc (WBO:AZO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AZO:USA AZO:Mexico AZ5:Germany AZOI34:Brazil

Address

123 South Front Street, Memphis, TN, USA, 38103

Website

https://www.autozone.com

AutoZone is the premier seller of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in the United States. The company derives an increasing proportion of its sales from domestic commercial customers, although its presence in its home market is still dominated by its do-it-yourself operation, which accounts for around 70% of sales in country. AutoZone also has a growing presence in Mexico and Brazil. AutoZone had 7,140 stores in the U.S. (6,300), Mexico (740), and Brazil (100) as of the end of fiscal 2023.