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Corporacion Aceros Arequipa (LIM:CORAREC1) Accounts Payable & Accrued Expense : S/.545 Mil (As of Mar. 2024)


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What is Corporacion Aceros Arequipa Accounts Payable & Accrued Expense?

Corporacion Aceros Arequipa's quarterly accounts payable & accrued expense increased from Sep. 2023 (S/.506 Mil) to Dec. 2023 (S/.604 Mil) but then declined from Dec. 2023 (S/.604 Mil) to Mar. 2024 (S/.545 Mil).

Corporacion Aceros Arequipa's annual accounts payable & accrued expense declined from Dec. 2021 (S/.625 Mil) to Dec. 2022 (S/.599 Mil) but then increased from Dec. 2022 (S/.599 Mil) to Dec. 2023 (S/.604 Mil).

Corporacion Aceros Arequipa Accounts Payable & Accrued Expense Historical Data

The historical data trend for Corporacion Aceros Arequipa'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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Corporacion Aceros Arequipa Accounts Payable & Accrued Expense Chart

Corporacion Aceros Arequipa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 552.28 820.64 624.80 599.32 604.26

Corporacion Aceros Arequipa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 599.32 - 506.06 604.26 545.18

Corporacion Aceros Arequipa 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.

Corporacion Aceros Arequipa (LIM:CORAREC1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Corporacion Aceros Arequipa SA (LIM:CORAREC1) » Definitions » Accounts Payable & Accrued Expense
Comparable Companies
LIM:BUENAVC1 LIM:ALICORC1 LIM:EGEPIBC1 LIM:CPACASC1 LIM:ENGIEC1 LIM:IFS LIM:FIBPRIME NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT NSE:TATASTEEL STLD RS MIC:CHMF TPE:2002 BUE:TXAR SZSE:000708
Traded in Other Exchanges
CORAREI1:Peru
Address
Carretera Panamericana Sur Km. 241, Paracas, Pisco, PER
Website
https://www.acerosarequipa.com
Corporacion Aceros Arequipa SA is a Peru-based company that manufactures, distributes, and markets iron, steel, and other metal products. Its product portfolio consists of rebar, flat bars, merchant bars, coils, sheets, tubes, and corrugated sheets, among others. The firm's products are used in construction, mining, heavy metalworking industry, and others. Geographically the majority of its revenue comes from Peru.

Corporacion Aceros Arequipa (LIM:CORAREC1) Headlines

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