Commercial Metals Co (FRA:CMS) Accounts Payable & Accrued Expense : €674 Mil (As of Feb. 2024)

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What is Commercial Metals Co Accounts Payable & Accrued Expense?

Commercial Metals Co's quarterly accounts payable & accrued expense declined from Aug. 2023 (€737 Mil) to Nov. 2023 (€696 Mil) and declined from Nov. 2023 (€696 Mil) to Feb. 2024 (€674 Mil).

Commercial Metals Co's annual accounts payable & accrued expense increased from Aug. 2021 (€787 Mil) to Aug. 2022 (€956 Mil) but then declined from Aug. 2022 (€956 Mil) to Aug. 2023 (€737 Mil).

Commercial Metals Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Commercial Metals Co'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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Commercial Metals Co Accounts Payable & Accrued Expense Chart

Commercial Metals Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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542.37

576.04

787.19

955.61

736.54

Commercial Metals Co 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															748.50	732.98	736.54	695.73	673.89

Commercial Metals Co 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.

Commercial Metals Co (FRA:CMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Commercial Metals Co (FRA:CMS) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CMC:USA CMC1:Mexico CMS:Germany

Address

6565 North MacArthur Boulevard, Irving, TX, USA, 75039

Website

https://www.cmc.com

Commercial Metals Co operates steel mills, steel fabrication plants, and metal recycling facilities in the United States and manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector. The Company has two reportable segments: North America and Europe.