Hochtief AG (Hochtief AG) Accounts Payable & Accrued Expense : $7,943 Mil (As of Dec. 2023)

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What is Hochtief AG Accounts Payable & Accrued Expense?

Hochtief AG's quarterly accounts payable & accrued expense declined from Jun. 2023 ($10,627 Mil) to Sep. 2023 ($10,327 Mil) and declined from Sep. 2023 ($10,327 Mil) to Dec. 2023 ($7,943 Mil).

Hochtief AG's annual accounts payable & accrued expense increased from Dec. 2021 ($6,362 Mil) to Dec. 2022 ($7,308 Mil) and increased from Dec. 2022 ($7,308 Mil) to Dec. 2023 ($7,943 Mil).

Hochtief AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hochtief AG'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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Hochtief AG Accounts Payable & Accrued Expense Chart

Hochtief AG Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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8,347.07

6,806.27

6,362.08

7,307.75

7,942.77

Hochtief AG 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															7,307.75	9,426.02	10,627.14	10,327.01	7,942.77

Hochtief AG 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.

Hochtief AG (Hochtief AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hochtief AG (OTCPK:HOCFF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

1HOT:Italy HOTd:UK 0EPW:UK HOT:Germany HOT:Austria

Address

Alfredstrasse 236, Essen, NW, DEU, 45133

Website

https://www.hochtief.com

Hochtief AG develops and constructs building and infrastructure projects. It works on complex projects in transportation, energy, urban infrastructure, and mining markets. It expands transportation networks with roads, bridges, and tunnels, or designs and constructs office buildings, hospitals, and power plants. The company leans on expertise and technical know-how in developing, financing, building, and operating in designated business areas. Also, it will partner with external groups to work on specific components of a project. Hochtief reports operating segments by regional divisions: Americas, Asia Pacific, and Europe. The Americas and the Asia Pacific account for the majority of sales and are where most of the company's assets are located.