Lowe's (BSP:LOWC34) Accounts Payable & Accrued Expense : R$49,772 Mil (As of Jan. 2024)

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What is Lowe's Accounts Payable & Accrued Expense?

Lowe's's quarterly accounts payable & accrued expense increased from Jul. 2023 (R$50,040 Mil) to Oct. 2023 (R$50,736 Mil) but then declined from Oct. 2023 (R$50,736 Mil) to Jan. 2024 (R$49,772 Mil).

Lowe's's annual accounts payable & accrued expense declined from Jan. 2022 (R$69,932 Mil) to Jan. 2023 (R$68,599 Mil) and declined from Jan. 2023 (R$68,599 Mil) to Jan. 2024 (R$49,772 Mil).

Lowe's Accounts Payable & Accrued Expense Historical Data

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

Lowe's Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Accounts Payable & Accrued Expense

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35,584.09

65,040.94

69,932.38

68,599.35

49,772.18

Lowe's Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															68,599.35	62,321.84	50,040.41	50,735.96	49,772.18

Lowe's 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.

Lowe's (BSP:LOWC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lowe's Companies Inc (BSP:LOWC34) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LOW:USA LOW:Mexico LWE:Germany

Address

1000 Lowes Boulevard, Mooresville, NC, USA, 28117

Website

https://www.lowes.com

Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a low-double-digit share of the domestic home improvement market, based on U.S. Census data and management's market size estimates.

Lowe's (BSP:LOWC34) Headlines

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