Cnova NV (XPAR:CNV) Accounts Payable & Accrued Expense : €320 Mil (As of Dec. 2023)

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What is Cnova NV Accounts Payable & Accrued Expense?

Cnova NV's quarterly accounts payable & accrued expense declined from Dec. 2022 (€510 Mil) to Jun. 2023 (€304 Mil) but then increased from Jun. 2023 (€304 Mil) to Dec. 2023 (€320 Mil).

Cnova NV's annual accounts payable & accrued expense declined from Dec. 2021 (€729 Mil) to Dec. 2022 (€510 Mil) and declined from Dec. 2022 (€510 Mil) to Dec. 2023 (€320 Mil).

Cnova NV Accounts Payable & Accrued Expense Historical Data

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

Cnova NV Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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720.71

742.12

728.70

509.64

319.65

Cnova NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															728.70	535.79	509.64	303.68	319.65

Cnova NV 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.

Cnova NV (XPAR:CNV) Business Description

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Traded in Other Exchanges

CNVAF:USA

Address

Strawinskylaan 3051, Amsterdam, NLD, 1077 ZX

Website

https://www.cnova.com

Cnova NV is an eCommerce company. It provides its customers with the value proposition through a low-cost business model that allows offering attractive pricing, an extensive product assortment and differentiated delivery and payment solutions. It offers approximately 10 million active customers access to a wide and growing assortment of more than approximately 90 million product offerings through a combination of its direct sales and sales by third-party vendors. Its product offerings categories in terms of GMV are home appliances, consumer electronics, computers, home furnishings, leisure and personal goods.

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