adidas AG (XTER:ADS) Accounts Payable & Accrued Expense : €2,846 Mil (As of Dec. 2023)

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What is adidas AG Accounts Payable & Accrued Expense?

adidas AG's quarterly accounts payable & accrued expense declined from Jun. 2023 (€2,553 Mil) to Sep. 2023 (€2,328 Mil) but then increased from Sep. 2023 (€2,328 Mil) to Dec. 2023 (€2,846 Mil).

adidas AG's annual accounts payable & accrued expense increased from Dec. 2021 (€3,073 Mil) to Dec. 2022 (€3,458 Mil) but then declined from Dec. 2022 (€3,458 Mil) to Dec. 2023 (€2,846 Mil).

adidas AG Accounts Payable & Accrued Expense Historical Data

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

adidas AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,617.00

3,163.00

3,073.00

3,458.00

2,846.00

adidas AG 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															3,458.00	2,461.00	2,553.00	2,328.00	2,846.00

adidas 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.

adidas AG (XTER:ADS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » adidas AG (XTER:ADS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

ADDYY:USA ADDDF:USA ADS:Romania ADS:Poland ADS:Mexico ADS:Italy ADIDAS:Hungary ADSd:UK 0OLD:UK ADS:Austria

Address

Adi-Dassler-Strasse 1, Herzogenaurach, BY, DEU, 91074

Website

https://www.adidas-group.com

Adidas designs, develops, produces, and markets athletic and leisure apparel, footwear, accessories, and sports equipment. Under its eponymous brand, it produces apparel for competitive athletics, casual activewear, and casual fashion. Adidas sells its products in more than 160 countries through nearly 2,000 owned retail stores, 15,000 mono-branded franchise stores, 150,000 wholesale doors, and owned e-commerce that is available in 65 countries. The company was founded in 1949 in Germany.

Executives

Brian Grevy

Board of Directors

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