GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Swatch Group AG (OTCPK:SWGAY) » Definitions » Accounts Payable & Accrued Expense

The Swatch Group AG (The Swatch Group AG) Accounts Payable & Accrued Expense : $423 Mil (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is The Swatch Group AG Accounts Payable & Accrued Expense?

The Swatch Group AG's quarterly accounts payable & accrued expense declined from Dec. 2022 ($366 Mil) to Jun. 2023 ($310 Mil) but then increased from Jun. 2023 ($310 Mil) to Dec. 2023 ($423 Mil).

The Swatch Group AG's annual accounts payable & accrued expense declined from Dec. 2021 ($441 Mil) to Dec. 2022 ($366 Mil) but then increased from Dec. 2022 ($366 Mil) to Dec. 2023 ($423 Mil).


The Swatch Group AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for The Swatch Group 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.

* Premium members only.

The Swatch Group AG Accounts Payable & Accrued Expense Chart

The Swatch Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 377.57 370.33 440.83 366.04 423.22

The Swatch Group AG 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 440.83 299.94 366.04 309.86 423.22

The Swatch Group 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.


The Swatch Group AG (The Swatch Group AG) Business Description

Address
Seevorstadt 6, Bienne, CHE, 2501
Swatch Group's biggest brands are Omega (number-two Swiss watch brand by sales after Rolex), Longines (the largest premium watch brand and number four by sales globally), Breguet, Tissot (the leader in midrange Swiss watches), and Swatch. Swatch group employs over 31,000 people, half of them in Switzerland. We estimate that Swatch Group makes about 30% of its sales from Omega, 17% from ultraluxury brands, 20% from Longines, 10% from Tissot, and 6% from Swatch. We estimate Omega and Longines to be the group's most profitable brands.

The Swatch Group AG (The Swatch Group AG) Headlines

From GuruFocus

David Winters - Why Do You Like Swatch?

By Grass Hopper Grass Hopper 04-02-2014

David Herro Comments on Swatch Group AG

By Vera Yuan Vera Yuan 07-09-2015

Swatch's Stock Has Bottomed Out

By Holmes Osborne, CFA Holmes Osborne, CFA 03-08-2017

The Invesco European Fund Erases The Swatch Group From Its Portfolio

By Kyle Ferguson Kyle Ferguson 07-22-2016

David Winters' Wintergreen Fund's Top Five Stocks

By Monica Wolfe Monica Wolfe 09-01-2014

Tom Russo's Firm Cuts Mastercard, Berkshire

By Tiziano Frateschi Tiziano Frateschi 08-31-2020