Laurent-Perrier (XPAR:LPE) Accounts Payable & Accrued Expense : €178.1 Mil (As of Sep. 2023)

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What is Laurent-Perrier Accounts Payable & Accrued Expense?

Laurent-Perrier's quarterly accounts payable & accrued expense declined from Sep. 2022 (€194.3 Mil) to Mar. 2023 (€114.5 Mil) but then increased from Mar. 2023 (€114.5 Mil) to Sep. 2023 (€178.1 Mil).

Laurent-Perrier's annual accounts payable & accrued expense increased from Mar. 2021 (€73.0 Mil) to Mar. 2022 (€91.3 Mil) and increased from Mar. 2022 (€91.3 Mil) to Mar. 2023 (€114.5 Mil).

Laurent-Perrier Accounts Payable & Accrued Expense Historical Data

The historical data trend for Laurent-Perrier'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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Laurent-Perrier Accounts Payable & Accrued Expense Chart

Laurent-Perrier Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Payable & Accrued Expense

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93.49

89.93

73.02

91.26

114.48

Laurent-Perrier Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															112.12	91.26	194.28	114.48	178.12

Laurent-Perrier 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.

Laurent-Perrier (XPAR:LPE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Laurent-Perrier (XPAR:LPE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LPRRF:USA LPE:Germany

Address

32, Avenue de Champagne, Tours-sur-Marne, FRA, F-51150

Website

https://www.laurent-perrier.com

Laurent-Perrier is a French company which is active in the production and sale of champagne. The company's products are sold under four main brands namely LaurentPerrier, Salon, Delamotte, and Champagne de Castellane. It exports its products through specialized distribution channels such as cafes, hotels and restaurants, wine merchants, and direct sales. The company has organized its business into three different types of entity i.e. champagne houses including Champagne Laurent Perrier and Champagne de Castellane; distribution subsidiaries or subsidiaries or branches in France and several foreign markets and vineyards, held either directly through real-estate companies. The company generates its revenue through wholesale sales to distributors and agents and retail sales.

Laurent-Perrier (XPAR:LPE) Headlines

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