Cementos Argos S.A. (Cementos Argos S.A.) Accounts Payable & Accrued Expense : $344 Mil (As of Sep. 2023)

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What is Cementos Argos S.A. Accounts Payable & Accrued Expense?

Cementos Argos S.A.'s quarterly accounts payable & accrued expense increased from Mar. 2023 ($312 Mil) to Jun. 2023 ($357 Mil) but then declined from Jun. 2023 ($357 Mil) to Sep. 2023 ($344 Mil).

Cementos Argos S.A.'s annual accounts payable & accrued expense declined from Dec. 2020 ($339 Mil) to Dec. 2021 ($302 Mil) but then increased from Dec. 2021 ($302 Mil) to Dec. 2022 ($343 Mil).

Cementos Argos S.A. Accounts Payable & Accrued Expense Historical Data

The historical data trend for Cementos Argos S.A.'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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Cementos Argos S.A. Accounts Payable & Accrued Expense Chart

Cementos Argos S.A. Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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447.17

402.21

339.25

301.75

342.78

Cementos Argos S.A. Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															400.59	342.78	311.93	356.95	343.60

Cementos Argos S.A. 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.

Cementos Argos S.A. (Cementos Argos S.A.) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementos Argos S.A. (OTCPK:CMTOY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

PFCEMARGOS.PFD:Columbia CEMARGOS:Columbia

Address

Carrera 53 No. 106 - 280, Centro Empresarial Buenavista, Piso 17, Barranquilla, COL

Website

https://www.argos.co

Cementos Argos S.A. is a cement producing company. In terms of the concrete business it is Colombia's leading producer and the second-largest producer in the United States. The company's corporate purpose is the exploitation of the cement industry, the production of concrete mixes and any other materials or items made of cement, lime or clay, the acquisition and exploitation of minerals or deposits of exploitable minerals in the cement industry and similar rights to explore and mine the aforementioned minerals, whether by concession, privilege, lease or other title.

Cementos Argos S.A. (Cementos Argos S.A.) Headlines

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