Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Accounts Payable & Accrued Expense : $241 Mil (As of Jun. 2023)

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What is Salvatore Ferragamo SpA Accounts Payable & Accrued Expense?

Salvatore Ferragamo SpA's quarterly accounts payable & accrued expense increased from Sep. 2022 ($185 Mil) to Dec. 2022 ($215 Mil) and increased from Dec. 2022 ($215 Mil) to Jun. 2023 ($241 Mil).

Salvatore Ferragamo SpA's annual accounts payable & accrued expense increased from Dec. 2020 ($199 Mil) to Dec. 2021 ($239 Mil) but then declined from Dec. 2021 ($239 Mil) to Dec. 2022 ($215 Mil).

Salvatore Ferragamo SpA Accounts Payable & Accrued Expense Historical Data

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

Salvatore Ferragamo SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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259.64

248.83

199.15

238.54

215.27

Salvatore Ferragamo SpA Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															209.53	240.29	184.74	215.27	241.18

Salvatore Ferragamo 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.

Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Salvatore Ferragamo SpA (OTCPK:SFRGY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SFRGF:USA SFER:Italy SFERm:UK 0P52:UK S9L:Germany

Address

Via dei Tornabuoni 2, Firenze, ITA, 50123

Website

http://www.ferragamo.com

Founded in 1927, Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. The company generates about 44% of revenue in the fragmented footwear category, 41% in leather goods, 7% in apparel, and 6% in accessories. It was one of the pioneers in establishing a presence in Asia, where it generates 33% of sales and other emerging markets (6% of sales in Central and South America). Ferragamo generates 21% of revenue in Europe, 31% in the U.S., and 8% in Japan.

Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Headlines

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