Legrand (XPAR:LR) Accounts Payable & Accrued Expense : €1,029 Mil (As of Mar. 2024)

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What is Legrand Accounts Payable & Accrued Expense?

Legrand's quarterly accounts payable & accrued expense increased from Sep. 2023 (€964 Mil) to Dec. 2023 (€1,191 Mil) but then declined from Dec. 2023 (€1,191 Mil) to Mar. 2024 (€1,029 Mil).

Legrand's annual accounts payable & accrued expense increased from Dec. 2021 (€1,006 Mil) to Dec. 2022 (€1,054 Mil) and increased from Dec. 2022 (€1,054 Mil) to Dec. 2023 (€1,191 Mil).

Legrand Accounts Payable & Accrued Expense Historical Data

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

Legrand Annual Data

Trend

Dec14

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Dec16

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Dec18

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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959.00

777.80

1,006.00

1,053.90

1,191.10

Legrand Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,002.90	1,207.20	964.30	1,191.10	1,029.20

Legrand 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.

Legrand (XPAR:LR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Legrand SA (XPAR:LR) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LGRVF:USA LGRDY:USA LR:Mexico LRp:UK 0MW7:UK LRC:Germany LR:Austria

Address

128, Avenue de Lattre de Tassigny, Cedex, Limoges, FRA, 87045

Website

https://www.legrand.com

Legrand is a global manufacturer of low-voltage electrical components, which are mostly used in residential (40%) and nonresidential (40%) buildings. Its products include wiring devices, cable management, lighting, and audio visual equipment, sold under approximately 80 brands across 180 countries. Its products are sold primarily through specialist distributors that subsequently sell to installers/electricians. Legrand is a major supplier to global electrical equipment distributors, including Rexel and Sonepar. North America and Europe each account for 40% of group sales.

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