Chemed (FRA:CXM) Accounts Payable & Accrued Expense : €144 Mil (As of Mar. 2024)

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What is Chemed Accounts Payable & Accrued Expense?

Chemed's quarterly accounts payable & accrued expense declined from Sep. 2023 (€124 Mil) to Dec. 2023 (€114 Mil) but then increased from Dec. 2023 (€114 Mil) to Mar. 2024 (€144 Mil).

Chemed's annual accounts payable & accrued expense declined from Dec. 2021 (€115 Mil) to Dec. 2022 (€101 Mil) but then increased from Dec. 2022 (€101 Mil) to Dec. 2023 (€114 Mil).

Chemed Accounts Payable & Accrued Expense Historical Data

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

Chemed Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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97.65

106.07

114.92

101.36

113.82

Chemed 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															112.75	96.56	123.96	113.82	143.97

Chemed 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.

Chemed (FRA:CXM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Chemed Corp (FRA:CXM) » Definitions » Accounts Payable & Accrued Expense

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CHE:USA

Address

255 East Fifth Street, Suite 2600, Cincinnati, OH, USA, 45202-4726

Website

https://www.chemed.com

Chemed Corp operates subsidiaries in two main segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue. It provides hospice and palliative-care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The vast majority of the segment's revenue is received from the Medicare and Medicaid reimbursement programs. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers. Chemed generates the majority of its revenue from business in the United States.