Coats Group (NZSE:COA) Accounts Payable & Accrued Expense : NZ$423 Mil (As of Dec. 2023)

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What is Coats Group Accounts Payable & Accrued Expense?

Coats Group's quarterly accounts payable & accrued expense increased from Dec. 2022 (NZ$356 Mil) to Jun. 2023 (NZ$498 Mil) but then declined from Jun. 2023 (NZ$498 Mil) to Dec. 2023 (NZ$423 Mil).

Coats Group's annual accounts payable & accrued expense declined from Dec. 2021 (NZ$536 Mil) to Dec. 2022 (NZ$356 Mil) but then increased from Dec. 2022 (NZ$356 Mil) to Dec. 2023 (NZ$423 Mil).

Coats Group Accounts Payable & Accrued Expense Historical Data

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

Coats Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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372.84

313.73

535.50

356.04

423.12

Coats Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															535.50	547.75	356.04	498.45	423.12

Coats Group 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.

Coats Group (NZSE:COA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Coats Group PLC (NZSE:COA) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

COAl:UK COA:UK

Address

Bridgwater Road, The Pavilions, Bristol, GBR, BS13 8FD

Website

https://www.coats.com

Coats Group PLC is a firm manufacturing thread for industrial and consumer use. Its products portfolio includes industrial thread and knitting yarns used in the apparel and footwear industry with a sales presence in over 100 countries. The company operates its business from across six continents which include Asia, America, Europe, the Middle East and Africa of which Asia accounts for the highest revenue.

Coats Group (NZSE:COA) Headlines

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