Wolford AG (STU:WOF) Accounts Payable & Accrued Expense : €22.7 Mil (As of Jun. 2023)

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What is Wolford AG Accounts Payable & Accrued Expense?

Wolford AG's quarterly accounts payable & accrued expense increased from Jun. 2022 (€15.5 Mil) to Dec. 2022 (€29.8 Mil) but then declined from Dec. 2022 (€29.8 Mil) to Jun. 2023 (€22.7 Mil).

Wolford AG's annual accounts payable & accrued expense increased from Apr. 2020 (€11.2 Mil) to Dec. 2021 (€19.3 Mil) and increased from Dec. 2021 (€19.3 Mil) to Dec. 2022 (€29.8 Mil).

Wolford AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wolford AG'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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Wolford AG Accounts Payable & Accrued Expense Chart

Wolford AG Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Dec21

Dec22

Accounts Payable & Accrued Expense

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9.70

8.40

11.18

19.27

29.78

Wolford AG Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Jun21	Dec21	Jun22	Dec22	Jun23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															10.71	19.27	15.47	29.78	22.67

Wolford AG 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.

Wolford AG (STU:WOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wolford AG (STU:WOF) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

WOL:Austria

Address

Wolfordstrasse 1, Bregenz, AUT, 6900

Website

https://www.wolford.com

Wolford AG is in producing and marketing women's hosiery, clothing, and accessories. Its products include Legwear, Ready-to-wear and Lingerie, Beachwear, Accessories, and Trading goods. Geographically, it operates in the region of Austria, Germany, the Rest of Europe, North America, and Asia. The company generates maximum revenue from Ready-to-wear products.

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