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Abbott Laboratories (FRA:ABL) Accounts Payable & Accrued Expense : €11,050 Mil (As of Mar. 2024)


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What is Abbott Laboratories Accounts Payable & Accrued Expense?

Abbott Laboratories's quarterly accounts payable & accrued expense increased from Sep. 2023 (€11,236 Mil) to Dec. 2023 (€11,702 Mil) but then declined from Dec. 2023 (€11,702 Mil) to Mar. 2024 (€11,050 Mil).

Abbott Laboratories's annual accounts payable & accrued expense increased from Dec. 2021 (€10,931 Mil) to Dec. 2022 (€12,497 Mil) but then declined from Dec. 2022 (€12,497 Mil) to Dec. 2023 (€11,702 Mil).


Abbott Laboratories Accounts Payable & Accrued Expense Historical Data

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

Abbott Laboratories Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,446.50 9,606.71 10,930.64 12,496.67 11,701.84

Abbott Laboratories 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11,436.83 11,136.92 11,235.57 11,701.84 11,050.12

Abbott Laboratories 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.


Abbott Laboratories (FRA:ABL) Business Description

Address
100 Abbott Park Road, Abbott Park, IL, USA, 60064-6400
Abbott manufactures and markets cardiovascular and diabetes devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, continuous glucose monitors, and immunoassays and point-of-care diagnostic equipment. Abbott derives approximately 60% of sales outside the United States.