OCI NV (FRA:OIC) Accounts Payable & Accrued Expense : €664 Mil (As of Mar. 2024)

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What is OCI NV Accounts Payable & Accrued Expense?

OCI NV's quarterly accounts payable & accrued expense declined from Sep. 2023 (€1,983 Mil) to Dec. 2023 (€624 Mil) but then increased from Dec. 2023 (€624 Mil) to Mar. 2024 (€664 Mil).

OCI NV's annual accounts payable & accrued expense increased from Dec. 2021 (€1,265 Mil) to Dec. 2022 (€1,450 Mil) but then declined from Dec. 2022 (€1,450 Mil) to Dec. 2023 (€624 Mil).

OCI NV Accounts Payable & Accrued Expense Historical Data

The historical data trend for OCI NV'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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OCI NV Accounts Payable & Accrued Expense Chart

OCI NV Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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900.09

833.43

1,265.37

1,449.98

623.56

OCI NV 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															1,341.13	1,980.67	1,982.79	623.56	664.24

OCI NV 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.

OCI NV (FRA:OIC) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

OCINF:USA OCI:Netherlands OCI:Mexico OCIa:UK 0QGH:UK

Address

Honthorststraat 19, Amsterdam, NH, NLD, 1071

Website

https://oci-global.com

OCI NV manufactures and sells a variety of fertilizers and natural gas-based chemicals. The firm organizes itself into five reportable segments based on product type and location. The methanol U.S. segment distributes methanol and ammonia primarily to industrial customers around the U.S. Gulf Coast. Methanol Europe produces and distributes regular and bio-methanol. Other segments include nitrogen U.S., nitrogen Europe, and fertiglobe, which is a nitrogen fertilizer platform serving the Middle East and North Africa. Majority revenue is generated from the Fertiglobe segment. The company generates majority of its revenue from Europe and the Americas.

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