Remy Cointreau (FRA:RMC) Accounts Payable & Accrued Expense : €699 Mil (As of Sep. 2024)

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What is Remy Cointreau Accounts Payable & Accrued Expense?

Remy Cointreau's quarterly accounts payable & accrued expense declined from Sep. 2023 (€820 Mil) to Mar. 2024 (€666 Mil) but then increased from Mar. 2024 (€666 Mil) to Sep. 2024 (€699 Mil).

Remy Cointreau's annual accounts payable & accrued expense increased from Mar. 2022 (€696 Mil) to Mar. 2023 (€714 Mil) but then declined from Mar. 2023 (€714 Mil) to Mar. 2024 (€666 Mil).

Remy Cointreau Accounts Payable & Accrued Expense Historical Data

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

Remy Cointreau Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Payable & Accrued Expense

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489.30

576.20

695.60

713.70

665.70

Remy Cointreau Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															784.80	713.70	820.40	665.70	698.90

Remy Cointreau 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.

Remy Cointreau Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Remy Cointreau (FRA:RMC) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

REMYY:USA REMYF:USA 0MGU:UK RCOp:UK RCO:France RMC:Germany RCO:Austria

Address

Rue Joseph Pataa, Ancienne rue de la Champagne, Cognac, FRA, 16100

Website

https://www.remy-cointreau.com

Remy Cointreau is the world's second-largest distiller of cognac by volume, with a 15.8% global volume share in 2022, according to Euromonitor. Cognac represented 72% of Remy's sales and 90% of EBIT in the same year. The remainder of Remy's portfolio is made up of much smaller group-owned brands, including Cointreau orange liqueur, Metaxa Greek spirit, Mount Gay rum, Bruichladdich single malt scotch, The Botanist gin, Hautes Glaces French whiskey, and Westland American whiskey. The company also distributes third-party brands and, in 2023, entered the fragrance business. Remy is controlled by the Andromede family, which owns 41% equity interest and consolidates the business in the Andromede Group. The Cointreau family owns a further 27%, and 41% of the equity is free float.

Remy Cointreau Headlines

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