Costco Wholesale (NEOE:COST) Current Accrued Expense : C$9,543 Mil (As of Feb. 2024)

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What is Costco Wholesale Current Accrued Expense?

Costco Wholesale's Current Accrued Expense for the quarter that ended in Feb. 2024 was C$9,543 Mil.

Costco Wholesale's quarterly Current Accrued Expense increased from Aug. 2023 (C$8,664 Mil) to Nov. 2023 (C$9,158 Mil) and increased from Nov. 2023 (C$9,158 Mil) to Feb. 2024 (C$9,543 Mil).

Costco Wholesale's annual Current Accrued Expense increased from Aug. 2021 (C$7,258 Mil) to Aug. 2022 (C$8,127 Mil) and increased from Aug. 2022 (C$8,127 Mil) to Aug. 2023 (C$8,664 Mil).

Costco Wholesale Current Accrued Expense Historical Data

The historical data trend for Costco Wholesale's Current 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 Current Accrued Expense Chart

Costco Wholesale Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Current Accrued Expense

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5,781.72

6,611.85

7,258.28

8,127.38

8,663.66

Costco Wholesale Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Current Accrued Expense	Get a 7-Day Free Trial															8,743.75	8,371.08	8,663.66	9,157.65	9,543.15

Costco Wholesale Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Costco Wholesale Current 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 » Current 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.