Global Industrial Co (FRA:GML0) Accounts Payable & Accrued Expense : €150 Mil (As of Mar. 2024)

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What is Global Industrial Co Accounts Payable & Accrued Expense?

Global Industrial Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (€170 Mil) to Dec. 2023 (€133 Mil) but then increased from Dec. 2023 (€133 Mil) to Mar. 2024 (€150 Mil).

Global Industrial Co's annual accounts payable & accrued expense declined from Dec. 2021 (€138 Mil) to Dec. 2022 (€123 Mil) but then increased from Dec. 2022 (€123 Mil) to Dec. 2023 (€133 Mil).

Global Industrial Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Global Industrial Co'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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Global Industrial Co Accounts Payable & Accrued Expense Chart

Global Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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127.71

134.73

137.88

122.72

133.15

Global Industrial Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															134.12	163.46	169.69	133.15	149.78

Global Industrial Co 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.

Global Industrial Co (FRA:GML0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Global Industrial Co (FRA:GML0) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GIC:USA

Address

11 Harbor Park Drive, Port Washington, NY, USA, 11050

Website

https://investors.globalindustrial.com

Global Industrial Co is a value-added industrial distributor. It distributes a wide range of industrial and maintenance, repair, and operations (MRO) products to customers across North America, including storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, food service and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.

Global Industrial Co (FRA:GML0) Headlines

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