Outokumpu Oyj (OHEL:OUT1V) Accounts Payable & Accrued Expense : €1,329 Mil (As of Mar. 2024)

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What is Outokumpu Oyj Accounts Payable & Accrued Expense?

Outokumpu Oyj's quarterly accounts payable & accrued expense declined from Sep. 2023 (€1,326 Mil) to Dec. 2023 (€1,151 Mil) but then increased from Dec. 2023 (€1,151 Mil) to Mar. 2024 (€1,329 Mil).

Outokumpu Oyj's annual accounts payable & accrued expense declined from Dec. 2021 (€1,976 Mil) to Dec. 2022 (€1,409 Mil) and declined from Dec. 2022 (€1,409 Mil) to Dec. 2023 (€1,151 Mil).

Outokumpu Oyj Accounts Payable & Accrued Expense Historical Data

The historical data trend for Outokumpu 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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Outokumpu Oyj Accounts Payable & Accrued Expense Chart

Outokumpu Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,369.00

1,371.00

1,976.00

1,409.00

1,151.00

Outokumpu Oyj 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															1,821.00	1,564.00	1,326.00	1,151.00	1,329.00

Outokumpu 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.

Outokumpu Oyj (OHEL:OUT1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Outokumpu Oyj (OHEL:OUT1V) » Definitions » Accounts Payable & Accrued Expense

Traded in Other Exchanges

OUTKY:USA OUTFF:USA OUT1Vh:UK 0FJ8:UK OUTA:Germany

Address

Salmisaarenranta 11, Helsinki, FIN, FI-00180

Website

https://www.outokumpu.com

Outokumpu Oyj is a steel and alloys maker. Its business is divided into four business areas which are Europe, Americas, Long Products and Ferrochrome. Europe consists of both coil and plate operations in Europe. The high-volume and tailored standard stainless-steel grades are primarily used for example in architecture, building and construction, chemical, petrochemical and energy sectors, as well as other process industries. Americas produces standard austenitic and ferritic grades as well as tailored products. Long Products are used in a wide range of applications such as springs, wires, and surgical equipment and Ferrochrome produces charge grade of ferrochrome.

Outokumpu Oyj (OHEL:OUT1V) Headlines

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