Parmalat SpA (Parmalat SpA) Accounts Payable & Accrued Expense : $1,131 Mil (As of Jun. 2018)

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What is Parmalat SpA Accounts Payable & Accrued Expense?

Parmalat SpA's quarterly accounts payable & accrued expense increased from Jun. 2017 ($1,106 Mil) to Dec. 2017 ($1,204 Mil) but then declined from Dec. 2017 ($1,204 Mil) to Jun. 2018 ($1,131 Mil).

Parmalat SpA's annual accounts payable & accrued expense increased from Dec. 2015 ($956 Mil) to Dec. 2016 ($1,140 Mil) and increased from Dec. 2016 ($1,140 Mil) to Dec. 2017 ($1,204 Mil).

Parmalat SpA Accounts Payable & Accrued Expense Historical Data

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

Parmalat SpA Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Accounts Payable & Accrued Expense

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906.71

974.11

955.99

1,140.30

1,204.02

Parmalat 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															1,006.29	1,140.30	1,106.40	1,204.02	1,130.72

Parmalat 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.

Parmalat SpA (Parmalat SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Parmalat SpA (GREY:PMLAY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via delle Nazioni Unite 4, Collecchio, ITA, 43044

Website

http://www.parmalat.com

Parmalat SpA primarily produces, markets, and distributes milk products and fruit-based drinks under a number of brand names such as Bern, Lactis, Gold, and Solac. The company's products are categorised into milk products such as fresh milk, milk powders, condensed milk and cream; cheese and other fresh products such as yogurt, desserts, and butter; and fruit beverages such as juices, nectars, and tea. The milk sales contribute the majority of the total revenue. Parmalat has operations throughout the world with five geographic operating segments: Europe, North America, Latin America, Africa, and Oceania. Among all the countries in which the firm operates, Italy contributes the vast majority of total sales.

Parmalat SpA (Parmalat SpA) Headlines

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