Discover Financial Services (WBO:DFS) Accounts Payable & Accrued Expense : €0 Mil (As of Dec. 2023)

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What is Discover Financial Services Accounts Payable & Accrued Expense?

Discover Financial Services's quarterly accounts payable & accrued expense increased from Jun. 2023 (€4,581 Mil) to Sep. 2023 (€5,350 Mil) but then declined from Sep. 2023 (€5,350 Mil) to Dec. 2023 (€0 Mil).

Discover Financial Services's annual accounts payable & accrued expense increased from Dec. 2021 (€3,729 Mil) to Dec. 2022 (€4,998 Mil) but then declined from Dec. 2022 (€4,998 Mil) to Dec. 2023 (€0 Mil).

Discover Financial Services Accounts Payable & Accrued Expense Historical Data

The historical data trend for Discover Financial Services'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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Discover Financial Services Accounts Payable & Accrued Expense Chart

Discover Financial Services Annual Data

Trend

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,321.00

3,172.92

3,729.39

4,997.54

Discover Financial Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,523.36	4,580.85	5,350.27	-	-

Discover Financial Services 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.

Discover Financial Services (WBO:DFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Discover Financial Services (WBO:DFS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

DFS:USA DC7:Germany DC7:Germany

Address

2500 Lake Cook Road, Riverwoods, IL, USA, 60015

Website

https://www.discover.com

Discover Financial Services is a bank operating in two distinct segments: direct banking and payment services. The company issues credit and debit cards and provides other consumer banking products including deposit accounts, students loans, and other personal loans. It also operates the Discover, Pulse, and Diners Club networks. The Discover network is the fourth-largest payment network in the United States as ranked by overall purchase volume, and Pulse is one of the largest ATM networks in the country.