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Nestle (CHIX:NESNZ) Accounts Payable & Accrued Expense : CHF22,081 Mil (As of Jun. 2024)


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What is Nestle Accounts Payable & Accrued Expense?

Nestle's quarterly accounts payable & accrued expense increased from Jun. 2023 (CHF20,407 Mil) to Dec. 2023 (CHF21,564 Mil) and increased from Dec. 2023 (CHF21,564 Mil) to Jun. 2024 (CHF22,081 Mil).

Nestle's annual accounts payable & accrued expense declined from Dec. 2021 (CHF23,869 Mil) to Dec. 2022 (CHF22,970 Mil) and declined from Dec. 2022 (CHF22,970 Mil) to Dec. 2023 (CHF21,564 Mil).


Nestle Accounts Payable & Accrued Expense Historical Data

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

Nestle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21,476.00 21,176.00 23,869.00 22,970.00 21,564.00

Nestle Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 22,932.00 22,970.00 20,407.00 21,564.00 22,081.00

Nestle 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.


Nestle Business Description

Address
Avenue Nestle 55, Vevey, CHE, CH-1800
With a 150-year-plus history, Nestle is the largest food and beverage manufacturer in the world by sales, generating more than CHF 90 billion in annual revenue. Its diverse product portfolio includes brands such as Nestle, Nescafe, Perrier, Pure Life, and Purina. Nestle also owns around 20% of French cosmetics firm L'Oreal. The company employs 275,000 people around the world and has a vast portfolio of global products, with more than 30 brands each achieving more than CHF 1 billion in sales annually and a geographic presence that spans almost 190 countries.

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