OVS SpA (MIL:OVS) Accounts Payable & Accrued Expense : €428 Mil (As of Jul. 2023)

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What is OVS SpA Accounts Payable & Accrued Expense?

OVS SpA's quarterly accounts payable & accrued expense declined from Jul. 2022 (€480 Mil) to Jan. 2023 (€474 Mil) and declined from Jan. 2023 (€474 Mil) to Jul. 2023 (€428 Mil).

OVS SpA's annual accounts payable & accrued expense increased from Jan. 2021 (€315 Mil) to Jan. 2022 (€398 Mil) and increased from Jan. 2022 (€398 Mil) to Jan. 2023 (€474 Mil).

OVS SpA Accounts Payable & Accrued Expense Historical Data

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

OVS SpA Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Accounts Payable & Accrued Expense

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417.21

383.16

315.04

398.16

474.08

OVS SpA Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															327.06	398.16	480.09	474.08	428.05

OVS 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.

OVS SpA (MIL:OVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » OVS SpA (MIL:OVS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

OVSm:UK 0R5R:UK 0OV1:Germany

Address

Via Terraglio 17, Venice - Mestre, ITA, 30174

Website

http://www.ovscorporate.it

OVS SpA is an Italian fashion retailer. The company develops and markets menswear, womenswear and children's wear. Its operating segment includes OVS, UPIM and Sempione Fashion. OVS segment offers stylish and high-quality clothing at competitive prices focusing on the latest trends and fashion. Its UPIM segment offers women's, men's and children's clothing products, homeware and fragrance, The company generates maximum revenue from the OVS segment. Geographically, it has a presence in Italy, Bangladesh, China, Hong Kong, India, Pakistan, Turkey, Spain, Croatia, and Serbia.