Kering (XPAR:KER) Accounts Payable & Accrued Expense : €3,288 Mil (As of Dec. 2023)

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What is Kering Accounts Payable & Accrued Expense?

Kering's quarterly accounts payable & accrued expense declined from Dec. 2022 (€3,388 Mil) to Jun. 2023 (€3,267 Mil) but then increased from Jun. 2023 (€3,267 Mil) to Dec. 2023 (€3,288 Mil).

Kering's annual accounts payable & accrued expense increased from Dec. 2021 (€3,326 Mil) to Dec. 2022 (€3,388 Mil) but then declined from Dec. 2022 (€3,388 Mil) to Dec. 2023 (€3,288 Mil).

Kering Accounts Payable & Accrued Expense Historical Data

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

Kering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,612.20

2,703.40

3,326.00

3,388.00

3,288.00

Kering 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															3,326.00	3,785.00	3,388.00	3,267.00	3,288.00

Kering 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.

Kering (XPAR:KER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kering SA (XPAR:KER) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PPRUY:USA PPRUF:USA KER:Italy KERp:UK 0IIH:UK PPXB:Germany KER:Austria

Address

40 Rue de Sevres, Paris, FRA, 75007

Website

https://www.kering.com

Kering is the world's second-largest luxury goods conglomerate after LVMH. Its flagship brand is Gucci, which accounts for over 50% of revenue and almost 70% of operating profits. Its other leading brands include Bottega Veneta and Saint Laurent. Other smaller luxury brands (in ready-to-wear, leather goods, and jewellery) generate 19% of sales. Alexander McQueen, Balenciaga, and Boucheron are part of Kering's portfolio.

Kering (XPAR:KER) Headlines

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