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Glanbia (MEX:GLB) Accounts Payable & Accrued Expense : MXN12,683 Mil (As of Jun. 2024)


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What is Glanbia Accounts Payable & Accrued Expense?

Glanbia's quarterly accounts payable & accrued expense declined from Jun. 2023 (MXN11,370 Mil) to Dec. 2023 (MXN8,132 Mil) but then increased from Dec. 2023 (MXN8,132 Mil) to Jun. 2024 (MXN12,683 Mil).

Glanbia's annual accounts payable & accrued expense declined from Dec. 2021 (MXN16,783 Mil) to Dec. 2022 (MXN12,436 Mil) and declined from Dec. 2022 (MXN12,436 Mil) to Dec. 2023 (MXN8,132 Mil).


Glanbia Accounts Payable & Accrued Expense Historical Data

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

Glanbia 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 8,773.73 7,614.00 16,782.50 12,436.50 8,132.36

Glanbia 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 16,681.00 12,436.50 11,369.83 8,132.36 12,683.01

Glanbia 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.


Glanbia Business Description

Address
Ring Road, Glanbia House, Kilkenny, IRL, R95 E866
Meaning "pure food" in Irish, Glanbia is a global ingredient and branded performance nutrition manufacturer present in 32 countries with sales in 130 countries and over 7,500 employees. Originating in Ireland in the 1960s in the dairy processing industry, predecessor companies were initially listed in 1988 before Glanbia came into being in 1999. Production facilities are concentrated in Ireland, the U.K., Germany, the United States, and China. Glanbia processes over 6 billion liters of milk annually and is also a major producer of U.S. cheddar cheese. Glanbia generates more than 80% of its revenue in the United States.

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