Schneider Electric SE (Schneider Electric SE) Accounts Payable & Accrued Expense : $12,660 Mil (As of Dec. 2023)

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What is Schneider Electric SE Accounts Payable & Accrued Expense?

Schneider Electric SE's quarterly accounts payable & accrued expense increased from Dec. 2022 ($10,637 Mil) to Jun. 2023 ($11,326 Mil) and increased from Jun. 2023 ($11,326 Mil) to Dec. 2023 ($12,660 Mil).

Schneider Electric SE's annual accounts payable & accrued expense increased from Dec. 2021 ($10,632 Mil) to Dec. 2022 ($10,637 Mil) and increased from Dec. 2022 ($10,637 Mil) to Dec. 2023 ($12,660 Mil).

Schneider Electric SE Accounts Payable & Accrued Expense Historical Data

The historical data trend for Schneider Electric SE'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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Schneider Electric SE Accounts Payable & Accrued Expense Chart

Schneider Electric SE Annual Data

Trend

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Dec20

Dec21

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Dec23

Accounts Payable & Accrued Expense

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8,180.00

9,826.03

10,631.64

10,636.65

12,659.76

Schneider Electric SE 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															10,631.64	9,947.15	10,636.65	11,326.11	12,659.76

Schneider Electric SE 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.

Schneider Electric SE (Schneider Electric SE) Business Description

Industry

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Traded in Other Exchanges

SBGSF:USA SU:Mexico SUp:UK 0NWV:UK SU:France SNDB:Germany SNDB:Germany SND:Germany SND:Germany SND:Germany SND:Germany SU:Austria

Address

35, rue Joseph Monier - CS 30323, Rueil Malmaison, FRA, F-92506

Website

https://www.se.com

Schneider Electric is a leading global supplier of electrical and industrial automation equipment. The group has four end-markets Buildings, Data Centers, Infrastructure and Industry, each of which rely on Schneider's products and solutions to ensure their operations run safely and efficiently. Schneider sells its products via distributors (45% of revenue), direct to customers (40% of revenue) and the remainder through other channels such as panel builders of system integrators. The group's largest geographic markets are the U.S., China and India.