The Kraft Heinz Co (FRA:KHNZ) Accounts Payable & Accrued Expense : €5,152 Mil (As of Dec. 2023)

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What is The Kraft Heinz Co Accounts Payable & Accrued Expense?

The Kraft Heinz Co's quarterly accounts payable & accrued expense declined from Jun. 2023 (€5,211 Mil) to Sep. 2023 (€5,176 Mil) and declined from Sep. 2023 (€5,176 Mil) to Dec. 2023 (€5,152 Mil).

The Kraft Heinz Co's annual accounts payable & accrued expense declined from Dec. 2021 (€5,634 Mil) to Dec. 2022 (€5,533 Mil) and declined from Dec. 2022 (€5,533 Mil) to Dec. 2023 (€5,152 Mil).

The Kraft Heinz Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for The Kraft Heinz 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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The Kraft Heinz Co Accounts Payable & Accrued Expense Chart

The Kraft Heinz Co Annual Data

Trend

Dec14

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Dec23

Accounts Payable & Accrued Expense

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4,530.60

4,703.48

5,633.91

5,532.78

5,151.71

The Kraft Heinz Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5,532.78	5,489.12	5,211.26	5,175.99	5,151.71

The Kraft Heinz 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.

The Kraft Heinz Co (FRA:KHNZ) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Kraft Heinz Co (FRA:KHNZ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

KHC:USA KHC:Peru KHC:Mexico 1KHC:Italy KHNZd:UK 0JRV:UK KHNZ:Germany KHCB34:Brazil KHC:Austria

Address

One PPG Place, Pittsburgh, PA, USA, 15222

Website

https://www.kraftheinzcompany.com

In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm operates a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives 20%-25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.

The Kraft Heinz Co (FRA:KHNZ) Headlines

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