Best Buy Co (STU:BUY) Accounts Payable & Accrued Expense : €5,104 Mil (As of Apr. 2024)

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What is Best Buy Co Accounts Payable & Accrued Expense?

Best Buy Co's quarterly accounts payable & accrued expense declined from Oct. 2023 (€7,475 Mil) to Jan. 2024 (€5,085 Mil) but then increased from Jan. 2024 (€5,085 Mil) to Apr. 2024 (€5,104 Mil).

Best Buy Co's annual accounts payable & accrued expense declined from Jan. 2022 (€6,850 Mil) to Jan. 2023 (€6,060 Mil) and declined from Jan. 2023 (€6,060 Mil) to Jan. 2024 (€5,085 Mil).

Best Buy Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Best Buy Co'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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Best Buy Co Accounts Payable & Accrued Expense Chart

Best Buy Co Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Accounts Payable & Accrued Expense

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5,580.79

6,527.77

6,850.12

6,059.84

5,084.80

Best Buy Co Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															5,137.30	5,586.72	7,474.67	5,084.80	5,103.63

Best Buy Co 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.

Best Buy Co (STU:BUY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Best Buy Co Inc (STU:BUY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

BBY:USA BBY:Mexico BUY:Germany BBYY34:Brazil

Address

7601 Penn Avenue South, Richfield, MN, USA, 55423

Website

https://www.investors.bestbuy.com

With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Best Buy Co (STU:BUY) Headlines

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