Samsonite International (FRA:1SO) Accounts Payable & Accrued Expense : €742 Mil (As of Dec. 2023)

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What is Samsonite International Accounts Payable & Accrued Expense?

Samsonite International's quarterly accounts payable & accrued expense declined from Jun. 2023 (€765 Mil) to Sep. 2023 (€756 Mil) and declined from Sep. 2023 (€756 Mil) to Dec. 2023 (€742 Mil).

Samsonite International's annual accounts payable & accrued expense increased from Dec. 2021 (€505 Mil) to Dec. 2022 (€801 Mil) but then declined from Dec. 2022 (€801 Mil) to Dec. 2023 (€742 Mil).

Samsonite International Accounts Payable & Accrued Expense Historical Data

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

Samsonite International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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656.91

347.87

504.72

800.80

741.67

Samsonite International Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															800.80	764.80	755.78	741.67	-

Samsonite International 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.

Samsonite International (FRA:1SO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Samsonite International SA (FRA:1SO) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SMSOF:USA SMSEY:USA 01910:Hong Kong

Address

13-15, Avenue de la Liberte, Luxembourg, LUX, L-1931

Website

https://corporate.samsonite.com/en/home.html

Samsonite is the world's largest luggage company with a 19.5% market share in 2018. The company produces and sells travel luggage under various brands targeting the mid-market to high-end consumers. The group's key brand is Samsonite, whose market presence is well established, followed by Tumi, the high-end brand acquired in 2016, which alongside mass-market brand American Tourister, are the next largest earnings contributors. The majority of its products are manufactured by third parties, but Samsonite does produce its own select proprietary materials. Except for Tumi, most of its products are sold to retailers, but the acquisition of online retailer eBags in early 2017 is boosting its online sales channel direct to consumers.

Samsonite International (FRA:1SO) Headlines

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