Global Fashion Group (CHIX:GFGD) Accounts Payable & Accrued Expense : €199.1 Mil (As of Dec. 2023)

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What is Global Fashion Group Accounts Payable & Accrued Expense?

Global Fashion Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (€245.8 Mil) to Jun. 2023 (€170.7 Mil) but then increased from Jun. 2023 (€170.7 Mil) to Dec. 2023 (€199.1 Mil).

Global Fashion Group's annual accounts payable & accrued expense declined from Dec. 2021 (€334.2 Mil) to Dec. 2022 (€245.8 Mil) and declined from Dec. 2022 (€245.8 Mil) to Dec. 2023 (€199.1 Mil).

Global Fashion Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Global Fashion Group'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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Global Fashion Group Accounts Payable & Accrued Expense Chart

Global Fashion Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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314.00

299.00

334.20

245.80

199.10

Global Fashion Group Quarterly Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial									334.20	343.20	245.80	170.70	199.10

Global Fashion Group 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.

Global Fashion Group (CHIX:GFGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Global Fashion Group SA (CHIX:GFGd) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GFG:Germany GFGT:Austria

Address

5, Heienhaff, Senningerberg, LUX, L-1736

Website

https://www.global-fashion-group.com

Global Fashion Group SA is an online fashion portal operating under various brands such as The Iconic, Zalora, Dafiti and Lamoda. The business segments of the company include Asia Pacific(APAC), Latin America(LATAM), and the Commonwealth of Independent States(CIS). Majority revenue is generated from ANZ segment; It operates under The Iconic banner in Australia and New Zealand.