Nordic LEVEL Group AB (OSTO:LEVEL) Accounts Payable & Accrued Expense : kr41.6 Mil (As of Dec. 2023)

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What is Nordic LEVEL Group AB Accounts Payable & Accrued Expense?

Nordic LEVEL Group AB's quarterly accounts payable & accrued expense declined from Jun. 2023 (kr40.3 Mil) to Sep. 2023 (kr30.7 Mil) but then increased from Sep. 2023 (kr30.7 Mil) to Dec. 2023 (kr41.6 Mil).

Nordic LEVEL Group AB's annual accounts payable & accrued expense increased from Dec. 2021 (kr29.6 Mil) to Dec. 2022 (kr56.4 Mil) but then declined from Dec. 2022 (kr56.4 Mil) to Dec. 2023 (kr41.6 Mil).

Nordic LEVEL Group AB Accounts Payable & Accrued Expense Historical Data

The historical data trend for Nordic LEVEL Group 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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Nordic LEVEL Group AB Accounts Payable & Accrued Expense Chart

Nordic LEVEL Group AB Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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9.48

18.34

29.65

56.38

41.56

Nordic LEVEL Group AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															56.38	33.47	40.35	30.75	41.56

Nordic LEVEL Group 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.

Nordic LEVEL Group AB (OSTO:LEVEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nordic LEVEL Group AB (OSTO:LEVEL) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

Esplanaden 3 B, Sundbyberg, SWE, 172 67

Website

https://www.nordiclevelgroup.com

Nordic LEVEL Group AB is an acquisition-driven group that acquires and develops companies in the security sector. The group is a full-service provider of trusted safety and security solutions, and the business is conducted through the group's subsidiaries in the Nordic market. LEVEL operates in three core areas: advisory, technology and operations. The company focus is to decrease societal costs by increasing both physical and perceived security for clients as well as allowing for law enforcement to focus on their primary societal responsibilities.

Nordic LEVEL Group AB (OSTO:LEVEL) Headlines

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