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Steelcase (FRA:GJB) Accounts Payable & Accrued Expense : €288 Mil (As of Feb. 2024)


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What is Steelcase Accounts Payable & Accrued Expense?

Steelcase's quarterly accounts payable & accrued expense increased from Aug. 2023 (€312 Mil) to Nov. 2023 (€320 Mil) but then declined from Nov. 2023 (€320 Mil) to Feb. 2024 (€288 Mil).

Steelcase's annual accounts payable & accrued expense declined from Feb. 2022 (€320 Mil) to Feb. 2023 (€300 Mil) and declined from Feb. 2023 (€300 Mil) to Feb. 2024 (€288 Mil).


Steelcase Accounts Payable & Accrued Expense Historical Data

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

Steelcase Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 348.37 262.82 320.24 299.72 288.48

Steelcase 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 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 299.72 309.03 312.33 320.07 288.48

Steelcase 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.


Steelcase (FRA:GJB) Business Description

Industry
Traded in Other Exchanges
Address
901 44th Street SE, Grand Rapids, MI, USA, 49508
Steelcase Inc is a furniture company primarily based in the United States and has operations in Europe, the Middle East, and Africa. Steelcase markets its products primarily through a network of independent and company-owned dealers. The company operates through the Americas segment, the EMEA segment and the Other category. The Americas segment offers architecture, furniture and technology products is marketed to corporate, government, healthcare, education and retail customers, EMEA segment provides furniture systems, storage and seating solutions. Majority of revenue is generated from Americas segment.

Steelcase (FRA:GJB) Headlines

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