Gap (FRA:GAP) Accounts Payable & Accrued Expense : €1,330 Mil (As of Jan. 2024)

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What is Gap Accounts Payable & Accrued Expense?

Gap's quarterly accounts payable & accrued expense increased from Jul. 2023 (€2,196 Mil) to Oct. 2023 (€2,401 Mil) but then declined from Oct. 2023 (€2,401 Mil) to Jan. 2024 (€1,330 Mil).

Gap's annual accounts payable & accrued expense increased from Jan. 2021 (€1,535 Mil) to Jan. 2022 (€1,820 Mil) but then declined from Jan. 2022 (€1,820 Mil) to Jan. 2023 (€1,333 Mil).

Gap Accounts Payable & Accrued Expense Historical Data

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

Gap Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

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Jan23

Accounts Payable & Accrued Expense

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1,043.32

1,173.10

1,535.27

1,820.16

1,332.61

Gap 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															1,332.61	2,061.12	2,195.82	2,400.65	1,330.18

Gap 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.

Gap (FRA:GAP) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

GPS:USA GPS:Mexico GAP:Germany GPSI34:Brazil

Address

Two Folsom Street, San Francisco, CA, USA, 94105

Website

https://www.gapinc.com

Gap retails apparel, accessories, and personal-care products under the Gap, Old Navy, Banana Republic, and Athleta brands. Old Navy generates more than half of Gap's sales. The firm also operates e-commerce sites, outlet stores, and specialty stores under various Gap names. Gap operates approximately 2,600 stores in North America, Europe, and Asia and franchises more than 900 stores in Asia, Europe, Latin America, and other regions. Gap was founded in 1969 and is based in San Francisco.

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