Lojas Renner (BSP:LREN3) Accounts Payable & Accrued Expense : R$2,270 Mil (As of Dec. 2023)

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What is Lojas Renner Accounts Payable & Accrued Expense?

Lojas Renner's quarterly accounts payable & accrued expense increased from Jun. 2023 (R$2,136 Mil) to Sep. 2023 (R$2,403 Mil) but then declined from Sep. 2023 (R$2,403 Mil) to Dec. 2023 (R$2,270 Mil).

Lojas Renner's annual accounts payable & accrued expense declined from Dec. 2021 (R$2,286 Mil) to Dec. 2022 (R$2,260 Mil) but then increased from Dec. 2022 (R$2,260 Mil) to Dec. 2023 (R$2,270 Mil).

Lojas Renner Accounts Payable & Accrued Expense Historical Data

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

Lojas Renner Annual Data

Trend

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Dec18

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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1,767.96

1,855.73

2,286.42

2,260.10

2,269.52

Lojas Renner 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															2,260.10	1,852.44	2,136.42	2,402.97	2,269.52

Lojas Renner 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.

Lojas Renner (BSP:LREN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lojas Renner SA (BSP:LREN3) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LRENY:USA

Address

Avenida Joaquim Porto Villanova, 401, Porto Alegre, RS, BRA, 91410-400

Website

https://www.lojasrenner.com.br

Lojas Renner SA is a retailer that operates stores under brand names including Renner, Camicado, and Youcom. Renner and Youcom stores sell clothing, sports articles, accessories, and cosmetics. Camicado sells houseware and home decor products, including appliances, towels and linen, and kitchen products. Lojas retail segment provides the vast majority of the company's revenue. The company also has a financial products segment that offers credit cards to its customers. Nearly all of the company's stores and sales are in Brazil.

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