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Lanvin Group Holdings (Lanvin Group Holdings) Accounts Payable & Accrued Expense : $147.8 Mil (As of Dec. 2023)


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What is Lanvin Group Holdings Accounts Payable & Accrued Expense?

Lanvin Group Holdings's quarterly accounts payable & accrued expense declined from Dec. 2022 ($140.4 Mil) to Jun. 2023 ($138.2 Mil) but then increased from Jun. 2023 ($138.2 Mil) to Dec. 2023 ($147.8 Mil).

Lanvin Group Holdings's annual accounts payable & accrued expense increased from Dec. 2021 ($128.8 Mil) to Dec. 2022 ($140.4 Mil) and increased from Dec. 2022 ($140.4 Mil) to Dec. 2023 ($147.8 Mil).

Lanvin Group Holdings Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lanvin Group Holdings'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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Lanvin Group Holdings Accounts Payable & Accrued Expense Chart

Lanvin Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
99.10 128.78 140.40 147.77

Lanvin Group Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Payable & Accrued Expense Get a 7-Day Free Trial 128.78 137.67 140.40 138.23 147.77

Lanvin Group Holdings 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.

Lanvin Group Holdings (Lanvin Group Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lanvin Group Holdings Ltd (NYSE:LANV) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
N/A
Address
600 Zhongshan Road East No.2, 3701-02, Tower S2, Bund Finance Center, Shanghai, CHN, 200010
Website
https://www.lanvin.com
Lanvin Group Holdings Ltd engages in offering products ranging from apparel to leather goods, footwear, and accessories. The firm is operating mainly 5 portfolio brands, namely Lanvin, Wolford, Sergio Rossi, St. John, and Caruso. It derives the majority of its revenue from the Lanvin segment.