Advance Auto Parts (MEX:AAP) Accounts Payable & Accrued Expense : MXN81,525 Mil (As of Sep. 2024)

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What is Advance Auto Parts Accounts Payable & Accrued Expense?

Advance Auto Parts's quarterly accounts payable & accrued expense increased from Mar. 2024 (MXN77,994 Mil) to Jun. 2024 (MXN86,898 Mil) but then declined from Jun. 2024 (MXN86,898 Mil) to Sep. 2024 (MXN81,525 Mil).

Advance Auto Parts's annual accounts payable & accrued expense declined from Dec. 2021 (MXN95,301 Mil) to Dec. 2022 (MXN92,334 Mil) and declined from Dec. 2022 (MXN92,334 Mil) to Dec. 2023 (MXN81,047 Mil).

Advance Auto Parts Accounts Payable & Accrued Expense Historical Data

The historical data trend for Advance Auto Parts'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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Advance Auto Parts Accounts Payable & Accrued Expense Chart

Advance Auto Parts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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72,727.65

83,217.25

95,300.54

92,333.72

81,046.52

Advance Auto Parts Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															81,125.66	81,046.52	77,994.17	86,897.58	81,525.21

Advance Auto Parts 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.

Advance Auto Parts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Advance Auto Parts Inc (MEX:AAP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AAP:USA 0H9G:UK AWN:Germany AWN:Germany A1AP34:Brazil AAP:Argentina

Address

4200 Six Forks Road, Raleigh, NC, USA, 27609

Website

https://www.advanceautoparts.com

Advance Auto Parts is a leading auto parts retailer in North America with more than 4,000 store and branch locations. About 55% of the firm's sales are geared toward the professional channel, with the remaining 45% going to the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units conducive to various vehicle makes and models. The retailer primarily competes on the basis of inventory availability and service speed, making the operating efficiency of its hub and spoke distribution model critical to meeting customer needs.