JOANN (JOANQ) Accounts Payable & Accrued Expense : $372 Mil (As of Oct. 2023)

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What is JOANN Accounts Payable & Accrued Expense?

JOANN's quarterly accounts payable & accrued expense increased from Apr. 2023 ($319 Mil) to Jul. 2023 ($385 Mil) but then declined from Jul. 2023 ($385 Mil) to Oct. 2023 ($372 Mil).

JOANN's annual accounts payable & accrued expense increased from Jan. 2021 ($332 Mil) to Jan. 2022 ($337 Mil) but then declined from Jan. 2022 ($337 Mil) to Jan. 2023 ($279 Mil).

JOANN Accounts Payable & Accrued Expense Historical Data

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

JOANN Annual Data

Trend

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Accounts Payable & Accrued Expense

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330.50

295.10

332.20

337.40

279.30

JOANN Quarterly Data
	Jan18	Jan19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial														393.70	279.30	319.00	384.50	371.90

JOANN 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.

JOANN (JOANQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » JOANN Inc (OTCPK:JOANQ) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

5555 Darrow Road, Hudson, OH, USA, 44236

Website

https://www.joann.com

JOANN Inc is engaged in the sewing business. The company provides fabrics, sewing supplies, yarn and needle arts, paper crafting, jewelry making, fabric crafting, craft lights, wedding decorations, and home decor products. It generates maximum revenue from Arts and Crafts and Home Decor products.

Executives

Joseph Thibault	officer: SVP, Store Operations	5555 DARROW ROAD, HUDSON OH 44236
John Craig Stalcup	officer: SVP, Chief Information Officer	C/O JOANN INC., 5555 DARROW RD., HUDSON OH 44236
Marybeth Hays	director	C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Scott Sekella	officer: SVP, Chief Financial Officer	C/O JOANN INC., 5555 DARROW ROAD, HUDSON OH 44236
Ann Aber	officer: SVP, GC & Secretary	C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Robert Will	officer: SVP, Chief Merch. Officer	C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Christopher Ditullio	officer: SVP, Chief Customer Officer	C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Green Equity Investors Cf, L.p.	director, 10 percent owner	11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Thomas A Dryer	officer: VP, Interim CFO & Controller	C/O JOANN INC., 5555 DARROW ROAD, HUDSON OH 44236
Brian William Coleman	director	11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Mario Sampson	officer: SVP, Supply Chain	C/O JOANN INC., 5555 DARROW ROAD, HUDSON OH 44236
Darrell Webb	director	5555 DARROW ROAD, HUDSON OH 44236
Varadheesh Chennakrishnan	officer: SVP, CIO	C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Matthew B. Susz	officer: SVP, CFO	C/O JO-ANN STORES HOLDINGS INC., 5555 DARROW ROAD, HUDSON OH 44236
Wade D Miquelon	director, officer: President and CEO	108 WILMOT ROAD, DEERFIELD IL 60015