Nurminen Logistics Oyj (Nurminen Logistics Oyj) Accounts Payable & Accrued Expense : $6.7 Mil (As of Dec. 2023)

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What is Nurminen Logistics Oyj Accounts Payable & Accrued Expense?

Nurminen Logistics Oyj's quarterly accounts payable & accrued expense increased from Dec. 2022 ($5.1 Mil) to Jun. 2023 ($28.6 Mil) but then declined from Jun. 2023 ($28.6 Mil) to Dec. 2023 ($6.7 Mil).

Nurminen Logistics Oyj's annual accounts payable & accrued expense declined from Dec. 2021 ($8.7 Mil) to Dec. 2022 ($5.1 Mil) but then increased from Dec. 2022 ($5.1 Mil) to Dec. 2023 ($6.7 Mil).

Nurminen Logistics Oyj Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nurminen Logistics Oyj'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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Nurminen Logistics Oyj Accounts Payable & Accrued Expense Chart

Nurminen Logistics Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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5.23

6.29

8.67

5.10

6.71

Nurminen Logistics Oyj Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															8.67	24.83	5.10	28.61	6.71

Nurminen Logistics Oyj 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.

Nurminen Logistics Oyj (Nurminen Logistics Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nurminen Logistics Oyj (GREY:NRNMF) » Definitions » Accounts Payable & Accrued Expense

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NLG1V:Finland 8I4:Germany

Address

Satamakaari 24, Helsinki, FIN, 00980

Website

https://www.nurminenlogistics.com

Nurminen Logistics Oyj is engaged in the provision of logistics services. The company offers high-quality rail transport, terminal, and multimodal solutions between Asia and Europe and in the Nordic and Baltic countries. The company's revenue consists mainly of forwarding services, railway transport and terminal services. The company also receives income from short-term and long-term warehousing services. Geographically, it derives most of its revenue from Baltic countries and has a presence in Russia.

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