Grupo De Moda Soma (BSP:SOMA3) Accounts Payable & Accrued Expense : R$1,071 Mil (As of Mar. 2024)

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What is Grupo De Moda Soma Accounts Payable & Accrued Expense?

Grupo De Moda Soma's quarterly accounts payable & accrued expense declined from Sep. 2023 (R$987 Mil) to Dec. 2023 (R$979 Mil) but then increased from Dec. 2023 (R$979 Mil) to Mar. 2024 (R$1,071 Mil).

Grupo De Moda Soma's annual accounts payable & accrued expense increased from Dec. 2021 (R$871 Mil) to Dec. 2022 (R$1,136 Mil) but then declined from Dec. 2022 (R$1,136 Mil) to Dec. 2023 (R$979 Mil).

Grupo De Moda Soma Accounts Payable & Accrued Expense Historical Data

The historical data trend for Grupo De Moda Soma'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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Grupo De Moda Soma Accounts Payable & Accrued Expense Chart

Grupo De Moda Soma Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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507.28

267.47

870.59

1,135.57

979.15

Grupo De Moda Soma Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,071.33	929.06	986.62	979.15	1,070.65

Grupo De Moda Soma 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.

Grupo De Moda Soma (BSP:SOMA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Grupo De Moda Soma SA (BSP:SOMA3) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Pasteur 154, Botafogo, Rio de Janeiro, RJ, BRA, 20940-000

Website

https://www.somagrupo.com.br

Grupo De Moda Soma SA is a e-commerce company in the Brazilian fashion retail sector. The company's portfolio covers a wide variety of styles and occasions for women, men and children. It also sells fashion accessories including jewelry, bags, shoes, among others. Its brands include ANIMALE, FARM, FABULA, A. BRAND, FOXTON, CRIS BARROS, and OFF PREMIUM.

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