Fonterra Co-operative Group (NZSE:FCG) Accounts Payable & Accrued Expense : NZ$4,948 Mil (As of Jul. 2023)

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What is Fonterra Co-operative Group Accounts Payable & Accrued Expense?

Fonterra Co-operative Group's quarterly accounts payable & accrued expense increased from Jul. 2022 (NZ$4,261 Mil) to Jan. 2023 (NZ$6,008 Mil) but then declined from Jan. 2023 (NZ$6,008 Mil) to Jul. 2023 (NZ$4,948 Mil).

Fonterra Co-operative Group's annual accounts payable & accrued expense increased from Jul. 2021 (NZ$3,788 Mil) to Jul. 2022 (NZ$4,261 Mil) and increased from Jul. 2022 (NZ$4,261 Mil) to Jul. 2023 (NZ$4,948 Mil).

Fonterra Co-operative Group Accounts Payable & Accrued Expense Historical Data

The historical data trend for Fonterra Co-operative Group'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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Fonterra Co-operative Group Accounts Payable & Accrued Expense Chart

Fonterra Co-operative Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Accounts Payable & Accrued Expense

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3,509.00

3,359.00

3,788.00

4,261.00

4,948.00

Fonterra Co-operative Group Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															3,788.00	6,445.00	4,261.00	6,008.00	4,948.00

Fonterra Co-operative Group 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.

Fonterra Co-operative Group (NZSE:FCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fonterra Co-operative Group Ltd (NZSE:FCG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

109 Fanshawe Street, Auckland Central, Auckland, NZL, 1010

Website

https://www.fonterra.com

Fonterra Co-operative Group Ltd operates predominantly in the international dairy industry. The company is involved in the collection, manufacture, and sale of milk and milk-derived products through its ingredients, Consumer and Foodservice channels. The company's reportable segments are Global Markets, Greater China, and Core Operations and the majority of the revenue is generated from its core operations segment. Its primary geographic markets are China, the Rest of Asia, Australia, New Zealand, the United States, Latin America, and the Rest of the world.