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METRO AG (CHIX:B4B3D) Accounts Payable & Accrued Expense : €3,692 Mil (As of Mar. 2024)


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What is METRO AG Accounts Payable & Accrued Expense?

METRO AG's quarterly accounts payable & accrued expense increased from Sep. 2023 (€3,872 Mil) to Dec. 2023 (€4,064 Mil) but then declined from Dec. 2023 (€4,064 Mil) to Mar. 2024 (€3,692 Mil).

METRO AG's annual accounts payable & accrued expense increased from Sep. 2021 (€3,753 Mil) to Sep. 2022 (€4,122 Mil) but then declined from Sep. 2022 (€4,122 Mil) to Sep. 2023 (€3,872 Mil).


METRO AG Accounts Payable & Accrued Expense Historical Data

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

METRO AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,741.00 3,652.00 3,753.00 4,122.00 3,872.00

METRO AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3,865.00 4,038.00 3,872.00 4,064.00 3,692.00

METRO AG 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.


METRO AG (CHIX:B4B3D) Business Description

Industry
Traded in Other Exchanges
Address
Metro-Strasse 1, Dusseldorf, NW, DEU, 40235
METRO AG operates as a food service company. It is active in the self-service wholesale trade with the brands METRO and MAKRO as well as in the delivery sales with the METRO delivery service, and the supply specialists Classic Fine Foods, Pro a Pro, and Rungis Express. Its business consists of segments which include METRO Germany, METRO Western Europe, METRO Russia, METRO Eastern Europe, and others. The other segment includes Hospitality Digital, the business unit that bundles the group's digitalization initiatives. It also includes service companies that provide group-wide services in the areas of real estate, logistics, information technology, advertising, and procurement.

METRO AG (CHIX:B4B3D) Headlines

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