CVS Health (LTS:0HRS) Accounts Payable & Accrued Expense : $72,724 Mil (As of Mar. 2024)

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What is CVS Health Accounts Payable & Accrued Expense?

CVS Health's quarterly accounts payable & accrued expense increased from Sep. 2023 ($71,492 Mil) to Dec. 2023 ($72,009 Mil) and increased from Dec. 2023 ($72,009 Mil) to Mar. 2024 ($72,724 Mil).

CVS Health's annual accounts payable & accrued expense increased from Dec. 2021 ($56,352 Mil) to Dec. 2022 ($63,148 Mil) and increased from Dec. 2022 ($63,148 Mil) to Dec. 2023 ($72,009 Mil).

CVS Health Accounts Payable & Accrued Expense Historical Data

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

CVS Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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43,105.00

49,112.00

56,352.00

63,148.00

72,009.00

CVS Health 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															64,984.00	68,613.00	71,492.00	72,009.00	72,724.00

CVS Health 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.

CVS Health (LTS:0HRS) Business Description

Industry

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Address

One CVS Drive, Woonsocket, RI, USA, 02895

Website

https://www.cvshealth.com

CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the U.S. CVS is also the largest pharmacy benefit manager (acquired through Caremark), processing over 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.

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