General Mills (WBO:GIS) Accounts Payable & Accrued Expense : €3,350 Mil (As of Feb. 2024)

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What is General Mills Accounts Payable & Accrued Expense?

General Mills's quarterly accounts payable & accrued expense increased from Aug. 2023 (€3,398 Mil) to Nov. 2023 (€3,534 Mil) but then declined from Nov. 2023 (€3,534 Mil) to Feb. 2024 (€3,350 Mil).

General Mills's annual accounts payable & accrued expense increased from May. 2021 (€3,991 Mil) to May. 2022 (€4,767 Mil) and increased from May. 2022 (€4,767 Mil) to May. 2023 (€4,873 Mil).

General Mills Accounts Payable & Accrued Expense Historical Data

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

General Mills Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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3,438.77

4,091.20

3,991.14

4,766.89

4,872.50

General Mills 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															3,612.90	4,872.50	3,398.22	3,533.75	3,349.71

General Mills 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.

General Mills (WBO:GIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » General Mills Inc (WBO:GIS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GIS:USA GIS:Mexico GRM:Germany G1MI34:Brazil

Address

Number One General Mills Boulevard, Minneapolis, MN, USA, 55426

Website

https://www.generalmills.com

General Mills is a global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, Blue Buffalo, and Haagen-Dazs. In fiscal 2023, 81% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. While most of General Mills' products are sold through retail stores to consumers, the company also sells products to the foodservice channel and the commercial baking industry.