Worthington Enterprises (STU:WTH) Accounts Payable & Accrued Expense : €137 Mil (As of Feb. 2024)

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What is Worthington Enterprises Accounts Payable & Accrued Expense?

Worthington Enterprises's quarterly accounts payable & accrued expense declined from Aug. 2023 (€577 Mil) to Nov. 2023 (€487 Mil) and declined from Nov. 2023 (€487 Mil) to Feb. 2024 (€137 Mil).

Worthington Enterprises's annual accounts payable & accrued expense increased from May. 2021 (€527 Mil) to May. 2022 (€714 Mil) but then declined from May. 2022 (€714 Mil) to May. 2023 (€559 Mil).

Worthington Enterprises Accounts Payable & Accrued Expense Historical Data

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

Worthington Enterprises Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Accounts Payable & Accrued Expense

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419.22

286.64

526.55

714.09

559.42

Worthington Enterprises Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															527.41	559.42	576.89	487.06	137.02

Worthington Enterprises 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.

Worthington Enterprises (STU:WTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Worthington Enterprises Inc (STU:WTH) » Definitions » Accounts Payable & Accrued Expense

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WOR:USA

Address

200 Old Wilson Bridge Road, Columbus, OH, USA, 43085

Website

https://www.worthingtonindustries.com

Worthington Enterprises Inc formerly Worthington Industries Inc is a diversified metals manufacturing company, focused on value-added steel processing and manufactured metal products. Its manufactured metal products include pressure cylinders for liquefied petroleum gas, compressed natural gas, oxygen, refrigerant, and other industrial gas storage; cylinders; helium-filled balloon kits; steel and fiberglass tanks and processing equipment primarily for the oil and gas industry; cryogenic pressure vessels for liquefied natural gas and other gas storage applications; light gauge steel framing for commercial and residential construction; and several other products. The firm's operating segments are Steel Processing, Consumer Products, Building Products and Sustainable Energy Solutions.

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