HNI (FRA:HO9) Accounts Payable & Accrued Expense : €335 Mil (As of Mar. 2024)

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What is HNI Accounts Payable & Accrued Expense?

HNI's quarterly accounts payable & accrued expense declined from Sep. 2023 (€422 Mil) to Dec. 2023 (€282 Mil) but then increased from Dec. 2023 (€282 Mil) to Mar. 2024 (€335 Mil).

HNI's annual accounts payable & accrued expense declined from Dec. 2021 (€326 Mil) to Dec. 2022 (€266 Mil) but then increased from Dec. 2022 (€266 Mil) to Dec. 2023 (€282 Mil).

HNI Accounts Payable & Accrued Expense Historical Data

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

HNI Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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326.85

260.31

325.95

265.93

281.89

HNI 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															304.76	405.01	422.40	281.89	334.60

HNI 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.

HNI (FRA:HO9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HNI Corp (FRA:HO9) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

HNI:USA HO9:Germany

Address

600 East Second Street, P.O. Box 1109, Muscatine, IA, USA, 52761-0071

Website

https://www.hnicorp.com

HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its workplace furnishing, which consists of panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. These products are sold primarily through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. Residential building products include a full array of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, Mainland China, Hong Kong, India, Mexico, and Taiwan.

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