Akzo Nobel NV (Akzo Nobel NV) Accounts Payable & Accrued Expense : $3,370 Mil (As of Mar. 2024)

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What is Akzo Nobel NV Accounts Payable & Accrued Expense?

Akzo Nobel NV's quarterly accounts payable & accrued expense increased from Sep. 2023 ($3,157 Mil) to Dec. 2023 ($3,414 Mil) but then declined from Dec. 2023 ($3,414 Mil) to Mar. 2024 ($3,370 Mil).

Akzo Nobel NV's annual accounts payable & accrued expense declined from Dec. 2021 ($3,545 Mil) to Dec. 2022 ($3,154 Mil) but then increased from Dec. 2022 ($3,154 Mil) to Dec. 2023 ($3,414 Mil).

Akzo Nobel NV Accounts Payable & Accrued Expense Historical Data

The historical data trend for Akzo Nobel 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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Akzo Nobel NV Accounts Payable & Accrued Expense Chart

Akzo Nobel NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,871.11

3,326.03

3,544.63

3,153.60

3,414.40

Akzo Nobel NV 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															2,892.93	3,069.34	3,156.88	3,414.40	3,369.57

Akzo Nobel 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.

Akzo Nobel NV (Akzo Nobel NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Akzo Nobel NV (OTCPK:AKZOF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AKZOY:USA AKZA:Netherlands AKZAa:UK 0LND:UK AKU1:Germany AKZO:Austria

Address

Christian Neefestraat 2, Amsterdam, NH, NLD, 1077 WW

Website

https://www.akzonobel.com

Netherlands-based AkzoNobel is the world's third-largest paint and coatings producer. Europe is the largest market, with around 46% of sales generated in the Europe, Middle East, and Africa, or EMEA, region. Cumulatively, the Asia-Pacific and Latin American divisions have also grown quickly to more than 40% of sales. Construction-related end markets are the most important, but meaningful revenue is also generated from the industrial, consumer goods, and transportation markets.