Hovnanian Enterprises (Hovnanian Enterprises) Accounts Payable & Accrued Expense : $398 Mil (As of Apr. 2024)

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What is Hovnanian Enterprises Accounts Payable & Accrued Expense?

Hovnanian Enterprises's quarterly accounts payable & accrued expense declined from Oct. 2023 ($444 Mil) to Jan. 2024 ($404 Mil) and declined from Jan. 2024 ($404 Mil) to Apr. 2024 ($398 Mil).

Hovnanian Enterprises's annual accounts payable & accrued expense increased from Oct. 2021 ($458 Mil) to Oct. 2022 ($476 Mil) but then declined from Oct. 2022 ($476 Mil) to Oct. 2023 ($444 Mil).

Hovnanian Enterprises Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hovnanian Enterprises'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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Hovnanian Enterprises Accounts Payable & Accrued Expense Chart

Hovnanian Enterprises Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accounts Payable & Accrued Expense

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182.26

198.62

458.39

475.53

444.27

Hovnanian Enterprises Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															413.09	433.11	444.27	404.26	397.59

Hovnanian Enterprises 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.

Hovnanian Enterprises (Hovnanian Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Hovnanian Enterprises Inc (OTCPK:HOVVB) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

HOV:USA HOVNP.PFD:USA HO3A:Germany

Address

90 Matawan Road, Fifth Floor, Matawan, NJ, USA, 07747

Website

https://www.khov.com

Hovnanian Enterprises Inc conducts all of its homebuilding and financial services operations . The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It has two distinct operations: homebuilding and financial services. Its homebuilding operations are divided geographically into three segments; Northeast which includes Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia; Southeast which includes Florida, Georgia and South Carolina; and West which includes Arizona, California and Texas. The firm generates maximum revenue from West Segment.