Culp (FRA:CUZ) Accounts Payable & Accrued Expense : €31.6 Mil (As of Jan. 2024)

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What is Culp Accounts Payable & Accrued Expense?

Culp's quarterly accounts payable & accrued expense increased from Jul. 2023 (€27.6 Mil) to Oct. 2023 (€31.0 Mil) and increased from Oct. 2023 (€31.0 Mil) to Jan. 2024 (€31.6 Mil).

Culp's annual accounts payable & accrued expense declined from Apr. 2021 (€40.2 Mil) to Apr. 2022 (€22.8 Mil) but then increased from Apr. 2022 (€22.8 Mil) to Apr. 2023 (€30.1 Mil).

Culp Accounts Payable & Accrued Expense Historical Data

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

Culp Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Accounts Payable & Accrued Expense

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29.00

24.21

40.25

22.75

30.08

Culp Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															24.28	30.08	27.57	31.03	31.59

Culp 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.

Culp (FRA:CUZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Culp Inc (FRA:CUZ) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

CULP:USA

Address

1823 Eastchester Drive, High Point, NC, USA, 27265

Website

https://www.culp.com

Culp Inc manufactures, sources, and markets mattress fabrics and sewn covers used for covering mattresses and box springs and upholstery fabrics including cut and sewn kits used in the production of upholstered furniture. The company has two operating segments Mattress fabrics and Upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and mattress covers to bedding manufacturers. The upholstery fabrics segment markets fabrics for residential and commercial furniture, including jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane leather look fabrics.