Orkla ASA (Orkla ASA) Accounts Payable & Accrued Expense : $1,026 Mil (As of Dec. 2023)

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What is Orkla ASA Accounts Payable & Accrued Expense?

Orkla ASA's quarterly accounts payable & accrued expense increased from Jun. 2023 ($772 Mil) to Sep. 2023 ($784 Mil) and increased from Sep. 2023 ($784 Mil) to Dec. 2023 ($1,026 Mil).

Orkla ASA's annual accounts payable & accrued expense increased from Dec. 2021 ($921 Mil) to Dec. 2022 ($1,102 Mil) but then declined from Dec. 2022 ($1,102 Mil) to Dec. 2023 ($1,026 Mil).

Orkla ASA Accounts Payable & Accrued Expense Historical Data

The historical data trend for Orkla ASA'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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Orkla ASA Accounts Payable & Accrued Expense Chart

Orkla ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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774.82

907.42

921.49

1,102.11

1,026.03

Orkla ASA 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															1,102.11	851.38	772.11	783.52	1,026.03

Orkla ASA 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.

Orkla ASA (Orkla ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Orkla ASA (OTCPK:ORKLY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

ORKLF:USA ORKo:Sweden ORK:Norway ORKo:UK 0FIN:UK OKL:Germany

Address

Drammensveien 149, Oslo, NOR, NO-0277

Website

https://www.orkla.no

Orkla ASA is a branded consumer goods company, originally from Norway. Its business consists of the following divisions: Orkla Foods, Orkla Confectionery and Snacks, Orkla Care, Orkla Food Ingredients, and Orkla Consumer & Financial Investments business. Orkla offers its products to the grocery sector, specialty retailers, out-of-home sectors, and the bakery market. Orkla's main geographical markets are the Nordic and Norway regions, which account for more than half of the total sales. The Orkla Group also sells some of its product categories in Central Europe and India.

Orkla ASA (Orkla ASA) Headlines

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