Sandvik AB (Sandvik AB) Accounts Payable & Accrued Expense : $0 Mil (As of Mar. 2024)

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What is Sandvik AB Accounts Payable & Accrued Expense?

Sandvik AB's quarterly accounts payable & accrued expense increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($1,228 Mil) but then declined from Dec. 2023 ($1,228 Mil) to Mar. 2024 ($0 Mil).

Sandvik AB's annual accounts payable & accrued expense declined from Dec. 2021 ($1,632 Mil) to Dec. 2022 ($1,412 Mil) and declined from Dec. 2022 ($1,412 Mil) to Dec. 2023 ($1,228 Mil).

Sandvik AB Accounts Payable & Accrued Expense Historical Data

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

Sandvik AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,211.78

1,162.13

1,631.65

1,411.64

1,227.87

Sandvik 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															-	-	-	1,227.87	-

Sandvik 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.

Sandvik AB (Sandvik AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sandvik AB (OTCPK:SDVKF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SDVKY:USA SAND:Sweden SAND:Mexico SANDs:UK 0HC0:UK SVKB:Germany

Address

Kungsbron 1, Section G, Floor 6, Stockholm, SWE, 111 22

Website

https://www.sandvik.com

Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The company's core operations are in metal cutting and mining equipment. The company has a well-documented history, having been founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.Europe is the largest contributor to group sales at 27%, followed by North America 25%, Asia 19%, Australia 12%, Africa/Middle East 11%, and South America 6%.