World Kinect (FRA:WFK) Accounts Payable & Accrued Expense : €3,355 Mil (As of Mar. 2024)

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What is World Kinect Accounts Payable & Accrued Expense?

World Kinect's quarterly accounts payable & accrued expense declined from Sep. 2023 (€3,655 Mil) to Dec. 2023 (€3,524 Mil) and declined from Dec. 2023 (€3,524 Mil) to Mar. 2024 (€3,355 Mil).

World Kinect's annual accounts payable & accrued expense increased from Dec. 2021 (€2,383 Mil) to Dec. 2022 (€4,029 Mil) but then declined from Dec. 2022 (€4,029 Mil) to Dec. 2023 (€3,524 Mil).

World Kinect Accounts Payable & Accrued Expense Historical Data

The historical data trend for World Kinect'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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World Kinect Accounts Payable & Accrued Expense Chart

World Kinect Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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2,683.44

1,195.60

2,382.69

4,028.71

3,523.66

World Kinect 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															3,626.16	3,044.42	3,655.05	3,523.66	3,354.69

World Kinect 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.

World Kinect (FRA:WFK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » World Kinect Corp (FRA:WFK) » Definitions » Accounts Payable & Accrued Expense

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WKC:USA

Address

9800 Northwest 41st Street, Miami, FL, USA, 33178

Website

https://www.world-kinect.com

World Kinect Corp is a global energy management company involved in providing supply fulfillment, energy procurement advisory services, and transaction and payment management solutions to commercial and industrial customers worldwide. It sells and delivers liquid fuels, natural gas, electricity, renewable energy, and other sustainability solutions.

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