Coles Group (ASX:COL) Accounts Payable & Accrued Expense : A$5,020 Mil (As of Dec. 2023)

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What is Coles Group Accounts Payable & Accrued Expense?

Coles Group's quarterly accounts payable & accrued expense declined from Dec. 2022 (A$4,978 Mil) to Jun. 2023 (A$4,434 Mil) but then increased from Jun. 2023 (A$4,434 Mil) to Dec. 2023 (A$5,020 Mil).

Coles Group's annual accounts payable & accrued expense increased from Jun. 2021 (A$3,660 Mil) to Jun. 2022 (A$4,335 Mil) and increased from Jun. 2022 (A$4,335 Mil) to Jun. 2023 (A$4,434 Mil).

Coles Group Accounts Payable & Accrued Expense Historical Data

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

Coles Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Payable & Accrued Expense

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3,379.90

3,737.00

3,660.00

4,335.00

4,434.00

Coles Group Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial						4,282.00	4,335.00	4,978.00	4,434.00	5,020.00

Coles Group 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.

Coles Group (ASX:COL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Coles Group Ltd (ASX:COL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CLEGF:USA 2OF:Germany

Address

800-838 Toorak Road, Hawthorn East, Melbourne, VIC, AUS, 3123

Website

https://www.colesgroup.com.au

Coles Group Limited is one of Australia's largest retailers, operating the second-largest supermarket chain behind market leader Woolworths, and is the country's third-largest liquor retailer. The group has an extensive store network of about 2,500 store outlets and roughly 80% of Australian live within a 10-minute drive from their nearest Coles store. The retailer employs some 110,000 people, who process over 20 million individual customer transactions a week. This compares with Woolworths processing almost 30 million customer transactions per week from Australia's population of 25 million.