Scania AB (FRA:SNAB) Accounts Payable & Accrued Expense : €1,257 Mil (As of Dec. 2015)

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What is Scania AB Accounts Payable & Accrued Expense?

Scania AB's quarterly accounts payable & accrued expense stayed the same from Jun. 2015 (€0 Mil) to Sep. 2015 (€0 Mil) but then increased from Sep. 2015 (€0 Mil) to Dec. 2015 (€1,257 Mil).

Scania AB's annual accounts payable & accrued expense increased from Dec. 2013 (€1,028 Mil) to Dec. 2014 (€1,093 Mil) and increased from Dec. 2014 (€1,093 Mil) to Dec. 2015 (€1,257 Mil).

Scania AB Accounts Payable & Accrued Expense Historical Data

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

Scania AB Annual Data

Trend

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Dec15

Accounts Payable & Accrued Expense

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1,062.96

959.43

1,028.04

1,092.83

1,256.85

Scania AB Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,092.83	-	-	-	1,256.85

Scania 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.

Scania AB (FRA:SNAB) Business Description

Industry

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Traded in Other Exchanges

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Address

Website

http://www.scania.com

Scania AB was founded in 1891. The Company is engaged in manufacturing & marketing heavy trucks, buses & engines for automotive & marine industries. It also offers spare parts, maintenance & driver training, short-term truck rentals and fleet management services & financing. The company's operations are divided into two different operating segments, the Vehicles and Services operating segment encompasses the following products: trucks, buses and engines, including the services associated with these products and the Financial Services operating segment provides financial solutions to Scania customers, such as loan financing, lease contracts and insurance solutions. The sales of the Company's products occur in all five geographic areas. Financial Services is found mainly in the European markets and to a lesser extent in the others. The Company's research and development work occurs in Sweden. Manufacturing of trucks, buses and industrial and marine engines occurs in Sweden, Argentina, Brazil, France, the Netherlands, Poland and Russia.

Scania AB (FRA:SNAB) Headlines

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