Sonoco Products Co (FRA:SNS) Accounts Payable & Accrued Expense : €1,034 Mil (As of Mar. 2024)

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What is Sonoco Products Co Accounts Payable & Accrued Expense?

Sonoco Products Co's quarterly accounts payable & accrued expense declined from Sep. 2023 (€1,071 Mil) to Dec. 2023 (€1,025 Mil) but then increased from Dec. 2023 (€1,025 Mil) to Mar. 2024 (€1,034 Mil).

Sonoco Products Co's annual accounts payable & accrued expense increased from Dec. 2021 (€986 Mil) to Dec. 2022 (€1,172 Mil) but then declined from Dec. 2022 (€1,172 Mil) to Dec. 2023 (€1,025 Mil).

Sonoco Products Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for Sonoco Products 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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Sonoco Products Co Accounts Payable & Accrued Expense Chart

Sonoco Products Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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824.63

867.90

986.07

1,171.94

1,025.34

Sonoco Products Co 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															1,085.20	999.03	1,070.92	1,025.34	1,033.71

Sonoco Products 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.

Sonoco Products Co (FRA:SNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sonoco Products Co (FRA:SNS) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

SON:USA

Address

1 N. Second Street, Hartsville, SC, USA, 29550

Website

http://www.sonoco.com

Over its 100-year-plus history, Sonoco Products has steadily assembled a diverse portfolio of industrial and consumer packaging product offerings such as flexible and rigid plastics, reels and spools, pallets, and composite cans. The company serves a variety of consumer and industrial end markets throughout North America. Sonoco has raised its dividend each year for more than 30 years.

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