LG (LGCOF) Accounts Payable & Accrued Expense : $1,178 Mil (As of Mar. 2024)

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What is LG Accounts Payable & Accrued Expense?

LG's quarterly accounts payable & accrued expense increased from Sep. 2023 ($803 Mil) to Dec. 2023 ($1,146 Mil) and increased from Dec. 2023 ($1,146 Mil) to Mar. 2024 ($1,178 Mil).

LG's annual accounts payable & accrued expense declined from Dec. 2021 ($1,207 Mil) to Dec. 2022 ($1,150 Mil) and declined from Dec. 2022 ($1,150 Mil) to Dec. 2023 ($1,146 Mil).

LG Accounts Payable & Accrued Expense Historical Data

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

LG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,248.46

1,328.57

1,206.55

1,150.16

1,145.98

LG 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															1,167.50	811.43	802.75	1,145.98	1,177.74

LG 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.

LG (LGCOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Corp (OTCPK:LGCOF) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

003555:Korea 003550:Korea

Address

LG Twin Tower, 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 150-721

Website

http://www.lg.com

LG Corp is a South Korea-based holding company that is principally engaged in electronics, chemicals, telecommunications, and services businesses. The company operates business through a number of affiliated companies, including LG Electronics, LG Display, LG Innotek, LG Siltron, and others in the electronics industry; LG Chem, LG Household and Health Care, LG Life Sciences, and others in the chemicals industry; and LG N-Sys, LG CNS, LG Sports, and others in the telecommunication and services industry. The company has a business presence in North America, Europe, Middle East, Africa, the Commonwealth of Independent States (Kazakhstan, Russia, Turkmenistan, Ukraine), Asia-Pacific, and Latin America.