Ermes Department Stores (CYS:ERME) Accounts Payable & Accrued Expense : €37.1 Mil (As of Jun. 2024)

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What is Ermes Department Stores Accounts Payable & Accrued Expense?

Ermes Department Stores's quarterly accounts payable & accrued expense increased from Jun. 2023 (€0.0 Mil) to Dec. 2023 (€33.5 Mil) and increased from Dec. 2023 (€33.5 Mil) to Jun. 2024 (€37.1 Mil).

Ermes Department Stores's annual accounts payable & accrued expense increased from Dec. 2021 (€38.1 Mil) to Dec. 2022 (€39.5 Mil) but then declined from Dec. 2022 (€39.5 Mil) to Dec. 2023 (€33.5 Mil).

Ermes Department Stores Accounts Payable & Accrued Expense Historical Data

The historical data trend for Ermes Department Stores'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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Ermes Department Stores Accounts Payable & Accrued Expense Chart

Ermes Department Stores Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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44.32

39.91

38.07

39.46

33.48

Ermes Department Stores 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															40.74	39.46	-	33.48	37.07

Ermes Department Stores 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.

Ermes Department Stores Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ermes Department Stores PLC (CYS:ERME) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

N/A

Address

154, Yiannis Kranidiotis Avenue, P.O. BOX 22273, 2235 Latsia, Nicosia, CYP, 1584

Website

http://www.ermes.com.cy

Ermes Department Stores PLC is a department store company. It is engaged in the retail and wholesale trade in Cyprus and Greece, through department stores and specialised stores. The operating segments consist of Department Stores, Specialised Stores, and Other Retail Shops. The company's product offerings include fragrances and beauty products; homeware and domestic appliances, kitchen products, seasonal products, laundry and cleaning products, and heating products.

Ermes Department Stores Headlines

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