Saab AB (Saab AB) Accounts Payable & Accrued Expense : $561 Mil (As of Mar. 2024)

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What is Saab AB Accounts Payable & Accrued Expense?

Saab AB's quarterly accounts payable & accrued expense increased from Sep. 2023 ($498 Mil) to Dec. 2023 ($687 Mil) but then declined from Dec. 2023 ($687 Mil) to Mar. 2024 ($561 Mil).

Saab AB's annual accounts payable & accrued expense increased from Dec. 2021 ($494 Mil) to Dec. 2022 ($567 Mil) and increased from Dec. 2022 ($567 Mil) to Dec. 2023 ($687 Mil).

Saab AB Accounts Payable & Accrued Expense Historical Data

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

Saab AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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452.38

474.70

493.86

567.16

686.52

Saab 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															434.70	448.23	497.53	686.52	561.41

Saab 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.

Saab AB (Saab AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Saab AB (OTCPK:SAABF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SAABY:USA SAAB B:Sweden SAABB:Mexico 0GWL:UK SDV:Germany

Address

Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22

Website

https://www.saab.com

Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

Saab AB (Saab AB) Headlines

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