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Lotus Bakeries NV (XBRU:LOTB) Accounts Payable & Accrued Expense : €181 Mil (As of Dec. 2023)


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What is Lotus Bakeries NV Accounts Payable & Accrued Expense?

Lotus Bakeries NV's quarterly accounts payable & accrued expense increased from Dec. 2022 (€154 Mil) to Jun. 2023 (€196 Mil) but then declined from Jun. 2023 (€196 Mil) to Dec. 2023 (€181 Mil).

Lotus Bakeries NV's annual accounts payable & accrued expense increased from Dec. 2021 (€134 Mil) to Dec. 2022 (€154 Mil) and increased from Dec. 2022 (€154 Mil) to Dec. 2023 (€181 Mil).


Lotus Bakeries NV Accounts Payable & Accrued Expense Historical Data

The historical data trend for Lotus Bakeries NV'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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Lotus Bakeries NV Accounts Payable & Accrued Expense Chart

Lotus Bakeries NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.60 100.22 133.71 153.64 181.26

Lotus Bakeries NV 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 133.71 138.46 153.64 196.03 181.26

Lotus Bakeries NV 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.


Lotus Bakeries NV (XBRU:LOTB) Business Description

Traded in Other Exchanges
Address
Gentstraat 1, Lembeke, BEL, B-9971
Lotus Bakeries NV produces and sells snacks under a range of brands. Under the Peijnenburg and Snelle Jelle brands, the company supplies gingerbread in Netherlands. With the Nakd, Trek, Bear, and Urban Fruit brands, the company offers snacks made from natural ingredients and no added sugar. Lotus Bakeries operates in Belgium, with production facilities in Belgium, the Netherlands, France, and Sweden, and a number of sales units in Europe, the U.S., and Asia. The company's product portfolio is divided into six product lines: the caramelized biscuits line, the waffles and galettes line, the cake specialties line, the gingerbread line, the pepparkakor biscuits line, and the Dinosaurs biscuits line. Lotus Bakeries distributes its products through retail, catering, and food services.

Lotus Bakeries NV (XBRU:LOTB) Headlines

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