Lennar (Lennar) Accounts Payable & Accrued Expense : $1,565 Mil (As of Feb. 2024)

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What is Lennar Accounts Payable & Accrued Expense?

Lennar's quarterly accounts payable & accrued expense declined from Aug. 2023 ($1,722 Mil) to Nov. 2023 ($1,631 Mil) and declined from Nov. 2023 ($1,631 Mil) to Feb. 2024 ($1,565 Mil).

Lennar's annual accounts payable & accrued expense increased from Nov. 2021 ($1,321 Mil) to Nov. 2022 ($1,616 Mil) and increased from Nov. 2022 ($1,616 Mil) to Nov. 2023 ($1,631 Mil).

Lennar Accounts Payable & Accrued Expense Historical Data

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

Lennar Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Accounts Payable & Accrued Expense

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1,069.18

1,037.34

1,321.25

1,616.13

1,631.40

Lennar Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,490.81	1,700.90	1,721.53	1,631.40	1,565.46

Lennar 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.

Lennar (Lennar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Lennar Corp (NYSE:LEN.B) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LEN:USA LEN:Mexico LNN0:Germany LNN:Germany LNN:Germany L1EN34:Brazil

Address

5505 Blue Lagoon Drive, Miami, FL, USA, 33126

Website

https://www.lennar.com

Based on the number of delivered homes, Lennar is the second-largest public homebuilder in the United States, behind D.R. Horton. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.