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Essilorluxottica (XPAR:EL) Accounts Payable & Accrued Expense : €4,822 Mil (As of Dec. 2023)


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What is Essilorluxottica Accounts Payable & Accrued Expense?

Essilorluxottica's quarterly accounts payable & accrued expense declined from Dec. 2022 (€4,924 Mil) to Jun. 2023 (€3,138 Mil) but then increased from Jun. 2023 (€3,138 Mil) to Dec. 2023 (€4,822 Mil).

Essilorluxottica's annual accounts payable & accrued expense increased from Dec. 2021 (€4,865 Mil) to Dec. 2022 (€4,924 Mil) but then declined from Dec. 2022 (€4,924 Mil) to Dec. 2023 (€4,822 Mil).


Essilorluxottica Accounts Payable & Accrued Expense Historical Data

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

Essilorluxottica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,230.00 3,435.00 4,865.00 4,924.00 4,822.00

Essilorluxottica 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,865.00 3,407.00 4,924.00 3,138.00 4,822.00

Essilorluxottica 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.


Essilorluxottica (XPAR:EL) Business Description

Address
147, Rue de Paris, Charenton-Le-Pont, Paris, FRA, 94220
EssilorLuxottica is a combination of the leading manufacturer of premium frames and sunglasses and the leading manufacturer of optical lenses. Both companies are significantly larger than the next biggest player in their respective fields and command over 15% of the fragmented global eyewear market. The company has a broad geographical presence, with around 36% of sales in Europe, 47% in North America, and the rest in Asia and Latin America.