Lifetime Brands (FRA:LH1) Accounts Payable & Accrued Expense : €90.3 Mil (As of Mar. 2024)

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What is Lifetime Brands Accounts Payable & Accrued Expense?

Lifetime Brands's quarterly accounts payable & accrued expense declined from Sep. 2023 (€118.5 Mil) to Dec. 2023 (€84.0 Mil) but then increased from Dec. 2023 (€84.0 Mil) to Mar. 2024 (€90.3 Mil).

Lifetime Brands's annual accounts payable & accrued expense declined from Dec. 2021 (€122.5 Mil) to Dec. 2022 (€70.6 Mil) but then increased from Dec. 2022 (€70.6 Mil) to Dec. 2023 (€84.0 Mil).

Lifetime Brands Accounts Payable & Accrued Expense Historical Data

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

Lifetime Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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52.81

83.03

122.46

70.62

83.96

Lifetime Brands 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															92.53	98.51	118.54	83.96	90.27

Lifetime Brands 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.

Lifetime Brands (FRA:LH1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Lifetime Brands Inc (FRA:LH1) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LCUT:USA

Address

1000 Stewart Avenue, Garden City, NY, USA, 11530

Website

https://www.lifetimebrands.com

Lifetime Brands Inc is a U.S. based company that designs, sources, and sells branded kitchenware, tableware, and other products used in the home and markets its products under brands such as Farberware, KitchenAid, Cuisine de France, and others. The company markets and sells its products principally on a wholesale basis to retailers. It also markets and sells a limited selection of its products directly to consumers through its Pfaltzgraff, Mikasa, Fred, and Friends, Built NY, and Lifetime Sterling. Its products include kitchen tools, gadgets, cutlery, dinnerware, and glassware. The segments of the company are the U.S. and International. It derives a majority of the revenue from the U.S. segment which includes the domestic operations of the company's business.

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