Gestamp Automocion (LTS:0ROM) Accounts Payable & Accrued Expense : €3,161 Mil (As of Mar. 2024)

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What is Gestamp Automocion Accounts Payable & Accrued Expense?

Gestamp Automocion's quarterly accounts payable & accrued expense declined from Sep. 2023 (€2,889 Mil) to Dec. 2023 (€2,751 Mil) but then increased from Dec. 2023 (€2,751 Mil) to Mar. 2024 (€3,161 Mil).

Gestamp Automocion's annual accounts payable & accrued expense increased from Dec. 2021 (€1,858 Mil) to Dec. 2022 (€2,537 Mil) and increased from Dec. 2022 (€2,537 Mil) to Dec. 2023 (€2,751 Mil).

Gestamp Automocion Accounts Payable & Accrued Expense Historical Data

The historical data trend for Gestamp Automocion'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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Gestamp Automocion Accounts Payable & Accrued Expense Chart

Gestamp Automocion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,789.60

1,737.36

1,858.13

2,536.72

2,751.43

Gestamp Automocion 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															2,824.10	2,815.52	2,888.70	2,751.43	3,160.70

Gestamp Automocion 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.

Gestamp Automocion (LTS:0ROM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gestamp Automocion (LTS:0ROM) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

GESTN:Mexico GESTe:UK GEST:Spain 7GA:Germany

Address

Lebario Industrial Park, Abadino, ESP, 48220

Website

https://www.gestamp.com

Gestamp Automocion is a Spanish automobile components manufacturer. The activities of the group are focused on the design, development, and manufacturing of metal components for the automotive industry via stamping, tooling, assembly, welding, tailor welded blanks, die-cutting, and machinery. It generates the majority of its revenue from Parts, prototypes, and components; followed by Tooling; and Byproducts & containers. The company operates in the following geographical segments: Western Europe, Eastern Europe, Mercosur, North America, and Asia. It generates the highest revenue from the Western Europe segment.

Gestamp Automocion (LTS:0ROM) Headlines

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