Ambev (ABEV) Accounts Payable & Accrued Expense : $7,026 Mil (As of Dec. 2023)

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What is Ambev Accounts Payable & Accrued Expense?

Ambev's quarterly accounts payable & accrued expense increased from Jun. 2023 ($5,514 Mil) to Sep. 2023 ($5,569 Mil) and increased from Sep. 2023 ($5,569 Mil) to Dec. 2023 ($7,026 Mil).

Ambev's annual accounts payable & accrued expense increased from Dec. 2021 ($6,193 Mil) to Dec. 2022 ($6,684 Mil) and increased from Dec. 2022 ($6,684 Mil) to Dec. 2023 ($7,026 Mil).

Ambev Accounts Payable & Accrued Expense Historical Data

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

Ambev Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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5,448.14

5,527.28

6,192.72

6,684.07

7,026.23

Ambev Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															6,684.07	5,663.74	5,514.18	5,568.85	7,026.23

Ambev 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.

Ambev (ABEV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Ambev SA (NYSE:ABEV) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

ABEV:Mexico AMNA:Germany ABEV3:Brazil ABEV:Argentina

Address

Rua Doutor Renato Paes de Barros, 1017, 3rd Floor, Sao Paulo, SP, BRA, 04530-001

Website

https://www.ambev.com.br

Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev's subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving Interbrew (now AB InBev) a controlling interest of 61.8% as at the end of 2022.