HP (FRA:7HP) Accounts Payable & Accrued Expense : €13,410 Mil (As of Jan. 2024)

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What is HP Accounts Payable & Accrued Expense?

HP's quarterly accounts payable & accrued expense increased from Jul. 2023 (€14,015 Mil) to Oct. 2023 (€14,448 Mil) but then declined from Oct. 2023 (€14,448 Mil) to Jan. 2024 (€13,410 Mil).

HP's annual accounts payable & accrued expense increased from Oct. 2021 (€15,169 Mil) to Oct. 2022 (€16,903 Mil) but then declined from Oct. 2022 (€16,903 Mil) to Oct. 2023 (€14,448 Mil).

HP Accounts Payable & Accrued Expense Historical Data

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

HP Annual Data

Trend

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Oct23

Accounts Payable & Accrued Expense

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14,545.36

13,581.30

15,169.48

16,902.80

14,448.38

HP Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															13,772.45	13,424.64	14,014.71	14,448.38	13,410.14

HP 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.

HP (FRA:7HP) Business Description

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Address

1501 Page Mill Road, Palo Alto, CA, USA, 94304

Website

https://www.hp.com

HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the U.S. It completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.

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