Assa Abloy AB (Assa Abloy AB) Accounts Payable & Accrued Expense

: $1,322 Mil (As of Dec. 2023)

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Assa Abloy AB's quarterly accounts payable & accrued expense declined from Jun. 2023 ($1,100 Mil) to Sep. 2023 ($1,046 Mil) but then increased from Sep. 2023 ($1,046 Mil) to Dec. 2023 ($1,322 Mil).

Assa Abloy AB's annual accounts payable & accrued expense declined from Dec. 2021 ($1,328 Mil) to Dec. 2022 ($1,296 Mil) but then increased from Dec. 2022 ($1,296 Mil) to Dec. 2023 ($1,322 Mil).

Assa Abloy AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Assa Abloy AB'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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Assa Abloy AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,100.36

1,110.83

1,327.89

1,295.53

1,322.34

Assa Abloy AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,295.53	938.02	1,100.28	1,045.76	1,322.34

Assa Abloy AB 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.

Assa Abloy AB (Assa Abloy AB) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ASAZF:USA ASSA B:Sweden ASSABs:UK 0R87:UK ALZC:Germany

Address

Klarabergsviadukten 90, P.O. Box 70340, Stockholm, SWE, SE-107 23

Website

https://www.assaabloy.com

Assa Abloy is the world's largest supplier of locking and physical access solutions, sporting the world's largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Three quarters of its revenue comes from government, commercial, and other nonresidential customers. The company's product base is centred on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.