Safilo Group SpA (MIL:SFL) Accounts Payable & Accrued Expense : €223 Mil (As of Dec. 2023)

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What is Safilo Group SpA Accounts Payable & Accrued Expense?

Safilo Group SpA's quarterly accounts payable & accrued expense declined from Dec. 2022 (€237 Mil) to Jun. 2023 (€223 Mil) and declined from Jun. 2023 (€223 Mil) to Dec. 2023 (€223 Mil).

Safilo Group SpA's annual accounts payable & accrued expense declined from Dec. 2021 (€249 Mil) to Dec. 2022 (€237 Mil) and declined from Dec. 2022 (€237 Mil) to Dec. 2023 (€223 Mil).

Safilo Group SpA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Safilo Group SpA'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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Safilo Group SpA Accounts Payable & Accrued Expense Chart

Safilo Group SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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229.37

233.57

249.14

236.71

222.93

Safilo Group SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															249.14	267.36	236.71	223.08	222.93

Safilo Group SpA 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.

Safilo Group SpA (MIL:SFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Safilo Group SpA (MIL:SFL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SAFLF:USA 0NJ5:UK S5U5:Germany

Address

Settima Strada, 15, Padua, ITA, 35129

Website

https://www.safilogroup.com

Safilo Group SpA makes sunglasses and prescription eyewear. It is engaged in design, production, and wholesale distribution of its products through a network of independent distributors and commercial subsidiaries. Its products are sold through the Carrera, Smith, Polaroid and Oxydo brands, as well as a range of other licensed brands. The company operates solely through the wholesale segment channels and divides itself into the following four geographical segments: Italy, Europe, America, and Asia. The company earns most of its revenue from the America business segment.