Adobe (XTER:ADB) Accounts Payable & Accrued Expense : €1,199 Mil (As of Feb. 2024)

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What is Adobe Accounts Payable & Accrued Expense?

Adobe's quarterly accounts payable & accrued expense declined from Aug. 2023 (€2,109 Mil) to Nov. 2023 (€1,566 Mil) and declined from Nov. 2023 (€1,566 Mil) to Feb. 2024 (€1,199 Mil).

Adobe's annual accounts payable & accrued expense increased from Nov. 2021 (€1,300 Mil) to Nov. 2022 (€1,622 Mil) but then declined from Nov. 2022 (€1,622 Mil) to Nov. 2023 (€1,566 Mil).

Adobe Accounts Payable & Accrued Expense Historical Data

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

Adobe Annual Data

Trend

Nov14

Nov15

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Nov17

Nov18

Nov19

Nov20

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Nov23

Accounts Payable & Accrued Expense

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1,074.24

1,090.49

1,299.98

1,621.59

1,566.18

Adobe 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															1,280.51	1,773.76	2,109.10	1,566.18	1,198.61

Adobe 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.

Adobe (XTER:ADB) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Adobe Inc (XTER:ADB) » Definitions » Accounts Payable & Accrued Expense

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Address

345 Park Avenue, San Jose, CA, USA, 95110-2704

Website

https://www.adobe.com

Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing and engaging with compelling content multiple operating systems, devices and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).

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