Hermes International (Hermes International) Accounts Payable & Accrued Expense : $2,943 Mil (As of Dec. 2023)

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What is Hermes International Accounts Payable & Accrued Expense?

Hermes International's quarterly accounts payable & accrued expense declined from Dec. 2022 ($2,661 Mil) to Jun. 2023 ($1,458 Mil) but then increased from Jun. 2023 ($1,458 Mil) to Dec. 2023 ($2,943 Mil).

Hermes International's annual accounts payable & accrued expense increased from Dec. 2021 ($2,316 Mil) to Dec. 2022 ($2,661 Mil) and increased from Dec. 2022 ($2,661 Mil) to Dec. 2023 ($2,943 Mil).

Hermes International Accounts Payable & Accrued Expense Historical Data

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

Hermes International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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933.78

811.44

2,316.38

2,661.02

2,943.29

Hermes International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,316.38	1,061.31	2,661.02	1,458.29	2,943.29

Hermes International 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.

Hermes International (Hermes International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hermes International SA (OTCPK:HESAY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HESAF:USA RMSp:UK 0HV2:UK RMS:France HMI:Germany

Address

24 rue du Faubourg Saint Honore, Paris, FRA, 75008

Website

https://www.hermes.com

Hermes is a 180-year-old family controlled luxury goods company best known for its Birkin and Kelly bags. Its biggest segments are leather goods and saddlery, accounting for around half of revenue; clothes and accessories (25% of sales); silk and textiles (7%); and other products such as perfumes, watches, jewellery, and home furnishings. Hermes has around 300 stores globally, of which it owns and operates 221.