Brown & Brown (FRA:BTW) Accounts Payable & Accrued Expense : €684 Mil (As of Mar. 2024)

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What is Brown & Brown Accounts Payable & Accrued Expense?

Brown & Brown's quarterly accounts payable & accrued expense declined from Sep. 2023 (€832 Mil) to Dec. 2023 (€470 Mil) but then increased from Dec. 2023 (€470 Mil) to Mar. 2024 (€684 Mil).

Brown & Brown's annual accounts payable & accrued expense increased from Dec. 2021 (€236 Mil) to Dec. 2022 (€316 Mil) and increased from Dec. 2022 (€316 Mil) to Dec. 2023 (€470 Mil).

Brown & Brown Accounts Payable & Accrued Expense Historical Data

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

Brown & Brown Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

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Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,019.42

1,159.82

235.59

315.86

470.42

Brown & Brown 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															671.08	717.82	831.78	470.42	683.56

Brown & Brown 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.

Brown & Brown (FRA:BTW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Brown & Brown Inc (FRA:BTW) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

BRO:USA BRO:Mexico BTW:Germany

Address

300 North Beach Stree, Daytona Beach, FL, USA, 32114

Website

https://www.bbinsurance.com

Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.

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