Neste OYJ (Neste OYJ) Accounts Payable & Accrued Expense : $3,867 Mil (As of Mar. 2024)

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What is Neste OYJ Accounts Payable & Accrued Expense?

Neste OYJ's quarterly accounts payable & accrued expense declined from Sep. 2023 ($3,610 Mil) to Dec. 2023 ($1,901 Mil) but then increased from Dec. 2023 ($1,901 Mil) to Mar. 2024 ($3,867 Mil).

Neste OYJ's annual accounts payable & accrued expense increased from Dec. 2021 ($2,080 Mil) to Dec. 2022 ($2,186 Mil) but then declined from Dec. 2022 ($2,186 Mil) to Dec. 2023 ($1,901 Mil).

Neste OYJ Accounts Payable & Accrued Expense Historical Data

The historical data trend for Neste OYJ'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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Neste OYJ Accounts Payable & Accrued Expense Chart

Neste OYJ Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,576.67

1,502.43

2,080.23

2,186.44

1,900.76

Neste OYJ 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															3,870.45	3,218.85	3,610.46	1,900.76	3,867.39

Neste OYJ 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.

Neste OYJ (Neste OYJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Neste OYJ (OTCPK:NTOIY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NTOIF:USA NESTE:Mexico 1NESTE:Italy NESTEh:UK 0O46:UK NESTE:Finland NEF:Germany

Address

Keilaranta 21, P.O. Box 95, Neste, Espoo, FIN, 00095

Website

https://www.neste.com

Neste OYJ Formerly Neste Corp. offers renewable products and solutions and oil products to a host of global markets. Its business is divided into various segments, including oil products, renewable products, marketing and services and others. Oil products is the largest contributor of revenue; it caters to oil companies and businesses that market oil, lubricants, and fuel products. Neste's oil products business includes diesel fuels, gasoline, aviation and marine fuels, and light and heavy fuel oils. Neste is heavily involved in the Baltic region with its network of service stations and refineries.