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Epiroc AB (OSTO:EPI B) Accounts Payable & Accrued Expense : kr6,641 Mil (As of Mar. 2024)


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What is Epiroc AB Accounts Payable & Accrued Expense?

Epiroc AB's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr6,753 Mil) to Dec. 2023 (kr6,385 Mil) but then increased from Dec. 2023 (kr6,385 Mil) to Mar. 2024 (kr6,641 Mil).

Epiroc AB's annual accounts payable & accrued expense increased from Dec. 2021 (kr6,074 Mil) to Dec. 2022 (kr7,045 Mil) but then declined from Dec. 2022 (kr7,045 Mil) to Dec. 2023 (kr6,385 Mil).


Epiroc AB Accounts Payable & Accrued Expense Historical Data

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

Epiroc AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 4,557.00 3,996.00 6,074.00 7,045.00 6,385.00

Epiroc 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 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 7,547.00 7,698.00 6,753.00 6,385.00 6,641.00

Epiroc 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.


Epiroc AB (OSTO:EPI B) Business Description

Address
Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-131 54
Epiroc is a global manufacturer of niche equipment and services used by mining and infrastructure customers. The company's products include hard rock drilling equipment and excavation technologies for underground and surface mining, as well as servicing and spare parts. Approximately 69% of group sales are from the aftermarket, which includes services and the sale of spare parts and consumables. Epiroc was spun out of Atlas Copco and listed as a stand-alone company on the Nasdaq Stockholm in June 2018.

Epiroc AB (OSTO:EPI B) Headlines

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