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Coles Group (Coles Group) Accounts Payable & Accrued Expense : $3,360 Mil (As of Dec. 2023)


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What is Coles Group Accounts Payable & Accrued Expense?

Coles Group's quarterly accounts payable & accrued expense declined from Dec. 2022 ($3,359 Mil) to Jun. 2023 ($2,976 Mil) but then increased from Jun. 2023 ($2,976 Mil) to Dec. 2023 ($3,360 Mil).

Coles Group's annual accounts payable & accrued expense increased from Jun. 2021 ($2,798 Mil) to Jun. 2022 ($3,046 Mil) but then declined from Jun. 2022 ($3,046 Mil) to Jun. 2023 ($2,976 Mil).


Coles Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Coles 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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Coles Group Accounts Payable & Accrued Expense Chart

Coles Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial 2,347.15 2,579.02 2,798.17 3,046.38 2,975.84

Coles Group Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 3,062.95 3,046.38 3,358.97 2,975.84 3,360.11

Coles 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.


Coles Group (Coles Group) Business Description

Traded in Other Exchanges
Address
800-838 Toorak Road, Hawthorn East, Melbourne, VIC, AUS, 3123
Coles Group Limited is one of Australia's largest retailers, operating the second-largest supermarket chain behind market leader Woolworths, and is the country's third-largest liquor retailer. The group has an extensive store network of about 2,500 store outlets and roughly 80% of Australian live within a 10-minute drive from their nearest Coles store. The retailer employs some 110,000 people, who process over 20 million individual customer transactions a week. This compares with Woolworths processing almost 30 million customer transactions per week from Australia's population of 25 million.

Coles Group (Coles Group) Headlines

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