Costco Wholesale (NEOE:COST) Change In Payables And Accrued Expense : C$1,462 Mil (TTM As of Feb. 2024)

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What is Costco Wholesale Change In Payables And Accrued Expense?

Costco Wholesale's Change In Payables And Accrued Expense for the quarter that ended in Feb. 2024 was C$-3,848 Mil. It means Costco Wholesale's Accounts Payable & Accrued Expense declined by C$3,848 Mil from Nov. 2023 to Feb. 2024 .

Costco Wholesale's Change In Payables And Accrued Expense for the fiscal year that ended in Aug. 2023 was C$-515 Mil. It means Costco Wholesale's Accounts Payable & Accrued Expense declined by C$515 Mil from Aug. 2022 to Aug. 2023 .

Costco Wholesale Change In Payables And Accrued Expense Historical Data

The historical data trend for Costco Wholesale's Change In Payables And 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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Costco Wholesale Change In Payables And Accrued Expense Chart

Costco Wholesale Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Payables And Accrued Expense

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427.39

2,991.08

2,315.70

2,442.61

-514.86

Costco Wholesale Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															-2,561.64	736.68	660.42	3,911.98	-3,847.50

Costco Wholesale Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1,462 Mil.

Costco Wholesale Change In Payables And Accrued Expense Related Terms

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Costco Wholesale (NEOE:COST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Costco Wholesale Corp (NEOE:COST) » Definitions » Change In Payables And Accrued Expense

Comparable Companies

Traded in Other Exchanges

COST:USA COST:Mexico CTO0:Germany COST:Chile COWC34:Brazil COST:Argentina

Address

999 Lake Drive, Issaquah, WA, USA, 98027

Website

https://www.costco.com

Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates nearly 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the U.K.