GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tapestry Inc (BSP:TPRY34) » Definitions » Accounts Payable & Accrued Expense

Tapestry (BSP:TPRY34) Accounts Payable & Accrued Expense : R$5,473 Mil (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Tapestry Accounts Payable & Accrued Expense?

Tapestry's quarterly accounts payable & accrued expense declined from Jun. 2023 (R$4,679 Mil) to Sep. 2023 (R$4,314 Mil) but then increased from Sep. 2023 (R$4,314 Mil) to Dec. 2023 (R$5,473 Mil).

Tapestry's annual accounts payable & accrued expense increased from Jun. 2021 (R$5,564 Mil) to Jun. 2022 (R$5,799 Mil) but then declined from Jun. 2022 (R$5,799 Mil) to Jun. 2023 (R$4,679 Mil).


Tapestry Accounts Payable & Accrued Expense Historical Data

The historical data trend for Tapestry'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.

* Premium members only.

Tapestry Accounts Payable & Accrued Expense Chart

Tapestry Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,536.45 3,329.92 5,563.53 5,799.30 4,678.97

Tapestry 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 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 5,407.48 4,304.39 4,678.97 4,314.45 5,473.08

Tapestry 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.


Tapestry (BSP:TPRY34) Business Description

Industry
Traded in Other Exchanges
Address
10 Hudson Yards, New York, NY, USA, 10001
Coach, Kate Spade, and Stuart Weitzman are Tapestry's fashion and accessory brands. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (66% of fiscal 2023 sales), Europe, Asia (29% of fiscal 2023 sales), and elsewhere. Coach (75% of fiscal 2023 sales) is best known for affordable luxury leather products. Kate Spade (21% of fiscal 2023 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2023. Stuart Weitzman (4% of sales) generates nearly all its revenue from women's footwear. In August 2023, Tapestry agreed to acquire rival Capri and its three brands, Michael Kors, Versace, and Jimmy Choo.

Tapestry (BSP:TPRY34) Headlines

No Headlines