Luxottica Group SpA (Luxottica Group SpA) Accounts Payable & Accrued Expense : $1,383 Mil (As of Jun. 2018)

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What is Luxottica Group SpA Accounts Payable & Accrued Expense?

Luxottica Group SpA's quarterly accounts payable & accrued expense declined from Jun. 2017 ($1,250 Mil) to Dec. 2017 ($1,242 Mil) but then increased from Dec. 2017 ($1,242 Mil) to Jun. 2018 ($1,383 Mil).

Luxottica Group SpA's annual accounts payable & accrued expense increased from Dec. 2015 ($1,139 Mil) to Dec. 2016 ($1,144 Mil) and increased from Dec. 2016 ($1,144 Mil) to Dec. 2017 ($1,242 Mil).

Luxottica Group SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Luxottica Group 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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Luxottica Group SpA Accounts Payable & Accrued Expense Chart

Luxottica Group SpA Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Accounts Payable & Accrued Expense

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1,061.45

1,082.12

1,139.19

1,143.83

1,241.71

Luxottica Group SpA Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,389.16	1,143.83	1,249.76	1,241.71	1,383.03

Luxottica Group 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.

Luxottica Group SpA (Luxottica Group SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Luxottica Group SpA (OTCPK:LUXTY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Piazzale L. Cadorna, 3, Milan, ITA, 20123

Website

http://www.luxottica.com

Luxottica designs, manufactures, and distributes high-quality prescription eyewear, frames and sunglasses. The company markets owned brands, including Ray-Ban, Oakley, Revo, and Arnette, as well as licensed brands, including Coach, Prada, Kors, and Polo Ralph Lauren. Luxottica is North America's largest eyewear retailer, with over 4,600 stores, through its Sunglass Hut, LensCrafters, Pearle Vision, Target Optical, and Ilori brands. The company also operates retail chains in Asia, Australia, South America, and Israel, totalling over 7,000 doors.

Luxottica Group SpA (Luxottica Group SpA) Headlines

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