Bang & Olufsen A/S (FRA:BUOB) Accounts Payable & Accrued Expense : €57.2 Mil (As of Feb. 2024)

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What is Bang & Olufsen A/S Accounts Payable & Accrued Expense?

Bang & Olufsen A/S's quarterly accounts payable & accrued expense increased from Aug. 2023 (€55.7 Mil) to Nov. 2023 (€60.6 Mil) but then declined from Nov. 2023 (€60.6 Mil) to Feb. 2024 (€57.2 Mil).

Bang & Olufsen A/S's annual accounts payable & accrued expense increased from May. 2021 (€71.7 Mil) to May. 2022 (€80.3 Mil) but then declined from May. 2022 (€80.3 Mil) to May. 2023 (€76.9 Mil).

Bang & Olufsen A/S Accounts Payable & Accrued Expense Historical Data

The historical data trend for Bang & Olufsen A/S'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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Bang & Olufsen A/S Accounts Payable & Accrued Expense Chart

Bang & Olufsen A/S Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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96.06

60.48

71.65

80.35

76.90

Bang & Olufsen A/S Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															71.29	76.90	55.71	60.58	57.18

Bang & Olufsen A/S 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.

Bang & Olufsen A/S (FRA:BUOB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bang & Olufsen A/S (FRA:BUOB) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

BGOUF:USA BO:Denmark BUOB:Germany

Address

Bang og Olufsen Alle 1, Struer, DNK, DK-7600

Website

http://www.bang-olufsen.com

Bang & Olufsen A/S designs, develops, and markets audio and video products including music systems, loudspeakers, television sets, and multimedia products. Geographically, it derives a majority of its revenue from Europe, the Middle East, and Africa (EMEA) and also has a presence in the Americas and Asia. It generates maximum revenue from the Staged product category followed by On-the-go; Flexible Living Brand Partnering and other activities.

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