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Hexagon AB (Hexagon AB) Accounts Payable & Accrued Expense : $292 Mil (As of Mar. 2024)


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What is Hexagon AB Accounts Payable & Accrued Expense?

Hexagon AB's quarterly accounts payable & accrued expense increased from Sep. 2023 ($289 Mil) to Dec. 2023 ($328 Mil) but then declined from Dec. 2023 ($328 Mil) to Mar. 2024 ($292 Mil).

Hexagon AB's annual accounts payable & accrued expense increased from Dec. 2021 ($383 Mil) to Dec. 2022 ($412 Mil) but then declined from Dec. 2022 ($412 Mil) to Dec. 2023 ($328 Mil).


Hexagon AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Hexagon 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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Hexagon AB Accounts Payable & Accrued Expense Chart

Hexagon AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 378.67 332.60 382.94 412.29 328.24

Hexagon AB 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 291.86 329.69 288.90 328.24 291.96

Hexagon 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.


Hexagon AB (Hexagon AB) Business Description

Industry
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Address
Lilla Bantorget 15, Stockholm, SWE, SE-111 23
Hexagon AB provides information technology for industrial applications. It offers solutions in two segments: geospatial enterprise solutions and industrial enterprise solutions. Each segment contributes roughly half of the firm's overall revenue. Hexagon's geospatial solutions are used for infrastructure, mining, agriculture, and public safety. The industrial enterprise solutions are used to measure and inspect the quality of complex parts used in manufacturing processes. Hexagon's largest geographic markets are Americas and EMEA, with each market contributing more than a fourth of the firm's overall revenue.