Kontoor Brands (FRA:3KO) Accounts Payable & Accrued Expense : €322 Mil (As of Mar. 2024)

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What is Kontoor Brands Accounts Payable & Accrued Expense?

Kontoor Brands's quarterly accounts payable & accrued expense declined from Sep. 2023 (€329 Mil) to Dec. 2023 (€233 Mil) but then increased from Dec. 2023 (€233 Mil) to Mar. 2024 (€322 Mil).

Kontoor Brands's annual accounts payable & accrued expense increased from Dec. 2021 (€260 Mil) to Dec. 2022 (€291 Mil) but then declined from Dec. 2022 (€291 Mil) to Dec. 2023 (€233 Mil).

Kontoor Brands Accounts Payable & Accrued Expense Historical Data

The historical data trend for Kontoor Brands'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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Kontoor Brands Accounts Payable & Accrued Expense Chart

Kontoor Brands Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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203.47

199.32

259.93

291.39

233.04

Kontoor Brands Quarterly Data
	Jun19	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															337.24	324.94	328.70	233.04	322.42

Kontoor Brands 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.

Kontoor Brands (FRA:3KO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kontoor Brands Inc (FRA:3KO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

KTB:USA

Address

400 N. Elm Street, Greensboro, NC, USA, 27401

Website

https://www.kontoorbrands.com

Kontoor Brands Inc is a lifestyle apparel company. It is engaged in designing, manufacturing, sourcing, marketing, and distribution of its portfolio of brands, including Wrangler and Lee. It manufactures its products in owned and leased facilities and distributes the products through both brick and mortar and e-commerce retailers. It generates the majority of its revenue from the Wrangler segment. The company's geographical segments are the United States and International, of which the majority of its revenue comes from the United States.

Kontoor Brands (FRA:3KO) Headlines

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