Coty (BSP:COTY34) Accounts Payable & Accrued Expense : R$13,624 Mil (As of Dec. 2023)

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What is Coty Accounts Payable & Accrued Expense?

Coty's quarterly accounts payable & accrued expense increased from Jun. 2023 (R$11,431 Mil) to Sep. 2023 (R$13,470 Mil) and increased from Sep. 2023 (R$13,470 Mil) to Dec. 2023 (R$13,624 Mil).

Coty's annual accounts payable & accrued expense increased from Jun. 2021 (R$10,282 Mil) to Jun. 2022 (R$11,004 Mil) and increased from Jun. 2022 (R$11,004 Mil) to Jun. 2023 (R$11,431 Mil).

Coty Accounts Payable & Accrued Expense Historical Data

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

Coty Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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9,206.64

10,241.38

10,282.28

11,003.99

11,430.95

Coty Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															14,616.31	13,687.68	11,430.95	13,469.81	13,624.38

Coty 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.

Coty (BSP:COTY34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Coty Inc (BSP:COTY34) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

COTY:USA COTY:France CO3A:Germany CO3A:Germany

Address

350 Fifth Avenue, New York, NY, USA, 10118

Website

https://www.coty.com

Coty is a global beauty maker that focuses on fragrance (59% of sales) and color cosmetics (28%), with limited exposure to skincare (5%) and body care (8%). For its fragrance business, Coty licenses luxury and high-end brands including Gucci, Burberry, Hugo Boss, Davidoff, and Calvin Klein, while its consumer cosmetics business focuses on acquired mass brands such as CoverGirl, Max Factor, Rimmel, Sally Hansen, and Bourjois. It also collaborates with social media celebrities Kim Kardashian and Kylie Jenner to launch makeup products bearing their names. By region, Coty generates close to 45% of sales from Europe, 30% from North America, 10% from Asia, and 8% from Latin America, with the rest from travel retail. German investment firm JAB is a controlling shareholder, with a 53% stake.

Coty (BSP:COTY34) Headlines

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