L'Oreal (L'Oreal) Accounts Payable & Accrued Expense : $9,838 Mil (As of Dec. 2023)

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What is L'Oreal Accounts Payable & Accrued Expense?

L'Oreal's quarterly accounts payable & accrued expense declined from Dec. 2022 ($9,408 Mil) to Jun. 2023 ($6,842 Mil) but then increased from Jun. 2023 ($6,842 Mil) to Dec. 2023 ($9,838 Mil).

L'Oreal's annual accounts payable & accrued expense declined from Dec. 2021 ($9,437 Mil) to Dec. 2022 ($9,408 Mil) but then increased from Dec. 2022 ($9,408 Mil) to Dec. 2023 ($9,838 Mil).

L'Oreal Accounts Payable & Accrued Expense Historical Data

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

L'Oreal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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7,793.89

8,392.34

9,437.18

9,407.84

9,838.28

L'Oreal 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															9,437.18	7,255.50	9,407.84	6,841.60	9,838.28

L'Oreal 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.

L'Oreal (L'Oreal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » L'Oreal SA (OTCPK:LRLCY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

LRLCF:USA OR N:Mexico ORp:UK 0NZM:UK OR:France LOR:Germany LOR:Germany LOR:Germany LOR:Germany OR:Austria

Address

41, Rue Martre, Clichy Cedex, Paris, FRA, 92117

Website

https://www.loreal.com

Founded in 1909, L'Oreal has grown into the largest beauty company in the world, participating in categories including skincare (40% of 2022 sales), makeup (20%), haircare (27%), fragrance (9%), and sanitary products (4%). The firm also has a diversified geographic footprint, generating 32% of sales in its home market of Western Europe, 25% from North America, 19% in North Asia, and the rest from various emerging markets across South Asia, Latin America, and Africa. L'Oreal owns a mix of premium and mass beauty brands sold through a wide range of channels such as mass retail, drugstores, department stores, travel retail, e-commerce, hair salons, and medi-spas. Leading brands include Lancome, Yves Saint Laurent, Maybelline, Kiehl's, L'Oreal Paris, Kerastase, CeraVe, Garnier, and Armani.

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