Nomad Foods (LTS:0RMO) Accounts Payable & Accrued Expense : €1,000 Mil (As of Mar. 2024)

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What is Nomad Foods Accounts Payable & Accrued Expense?

Nomad Foods's quarterly accounts payable & accrued expense increased from Sep. 2023 (€869 Mil) to Dec. 2023 (€946 Mil) and increased from Dec. 2023 (€946 Mil) to Mar. 2024 (€1,000 Mil).

Nomad Foods's annual accounts payable & accrued expense declined from Dec. 2021 (€891 Mil) to Dec. 2022 (€876 Mil) but then increased from Dec. 2022 (€876 Mil) to Dec. 2023 (€946 Mil).

Nomad Foods Accounts Payable & Accrued Expense Historical Data

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

Nomad Foods Annual Data

Trend

Dec14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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741.10

802.70

890.50

875.50

946.10

Nomad Foods 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															908.50	882.70	869.40	946.10	999.60

Nomad Foods 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.

Nomad Foods (LTS:0RMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nomad Foods Ltd (LTS:0RMO) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NOMD:USA NOMD:Mexico 0NH:Germany

Address

No. 1 New Square, Bedfont Lakes Business Park, Feltham, Middlesex, GBR, TW14 8HA

Website

https://www.nomadfoods.com

Nomad Foods Ltd is a packaged foods company that is involved in the business of manufacturing and distribution of branded frozen foods in Western Europe. The company manufactures and markets frozen food products such as fish, vegetables, poultry, and ready meals. It sells its products primarily through large grocery retailers under the brand Birds Eye in the United Kingdom and Ireland, Findus in Italy, France, Spain, and Scandinavia, and Iglo in Germany and other continental markets. The company operates through a single segment being Frozen. The majority of the revenue is generated from the United Kingdom.

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