Nobia AB (Nobia AB) Accounts Payable & Accrued Expense : $155 Mil (As of Mar. 2024)

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What is Nobia AB Accounts Payable & Accrued Expense?

Nobia AB's quarterly accounts payable & accrued expense declined from Sep. 2023 ($197 Mil) to Dec. 2023 ($178 Mil) and declined from Dec. 2023 ($178 Mil) to Mar. 2024 ($155 Mil).

Nobia AB's annual accounts payable & accrued expense increased from Dec. 2021 ($184 Mil) to Dec. 2022 ($198 Mil) but then declined from Dec. 2022 ($198 Mil) to Dec. 2023 ($178 Mil).

Nobia AB Accounts Payable & Accrued Expense Historical Data

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

Nobia AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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129.13

161.78

183.51

198.30

177.92

Nobia AB 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															235.29	208.37	197.12	177.92	154.93

Nobia 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.

Nobia AB (Nobia AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Nobia AB (OTCPK:NBIAY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

NOBI:Sweden 0GW0:UK NI8:Germany

Address

Blekholmstorget 30E, Stockholm, SWE, 111 64

Website

https://www.nobia.com

Nobia AB is a Sweden-based furniture company that designs, manufactures, and sells various kitchen products. The company operates in the United Kingdom, Denmark, Finland, and Austria. Nobia sells its products through a network of subsidiaries to retailers, builders' merchants, DIY stores, and professional construction companies. The company generates the majority of its net sales from the UK and, secondarily, from the Nordic region. The core brands of Nobia include Magnet, HTH, Marbodal, A la Carte, Sigdal, and ewe. The firm derives revenue from the sale and installation services of kitchen products and other products.

Nobia AB (Nobia AB) Headlines

From GuruFocus

Q4 2023 Nobia AB Earnings Call Transcript

By GuruFocus Research • 02-28-2024