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Salvatore Ferragamo SpA (LTS:0P52) Accounts Payable & Accrued Expense : €180 Mil (As of Jun. 2024)


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What is Salvatore Ferragamo SpA Accounts Payable & Accrued Expense?

Salvatore Ferragamo SpA's quarterly accounts payable & accrued expense increased from Jun. 2023 (€223 Mil) to Dec. 2023 (€231 Mil) but then declined from Dec. 2023 (€231 Mil) to Jun. 2024 (€180 Mil).

Salvatore Ferragamo SpA's annual accounts payable & accrued expense increased from Dec. 2021 (€245 Mil) to Dec. 2022 (€266 Mil) but then declined from Dec. 2022 (€266 Mil) to Dec. 2023 (€231 Mil).

Salvatore Ferragamo SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Salvatore Ferragamo SpA'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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Salvatore Ferragamo SpA Accounts Payable & Accrued Expense Chart

Salvatore Ferragamo SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 261.33 181.41 245.19 265.89 230.71

Salvatore Ferragamo SpA Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 227.32 265.89 222.61 230.71 180.09

Salvatore Ferragamo SpA 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.

Salvatore Ferragamo SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Salvatore Ferragamo SpA (LTS:0P52) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
SFRGY:USA SFRGF:USA SFER:Italy SFERm:UK S9L:Germany SFER:Austria
Address
Via dei Tornabuoni 2, Firenze, ITA, 50123
Website
http://www.ferragamo.com
Founded in 1927, Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. The company generates about 45% of revenue in the fragmented footwear category, 40% in leather goods, 6% in apparel, and 7% in accessories. It was one of the pioneers in establishing a presence in Asia, where it generates 32% of sales and other emerging markets (8% of sales in Central and South America). Ferragamo generates 24% of revenue in Europe, 28% in the US, and 8% in Japan.

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