Siemens AG (Siemens AG) Accounts Payable & Accrued Expense : $12,950 Mil (As of Dec. 2023)

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What is Siemens AG Accounts Payable & Accrued Expense?

Siemens AG's quarterly accounts payable & accrued expense increased from Jun. 2023 ($12,666 Mil) to Sep. 2023 ($13,550 Mil) but then declined from Sep. 2023 ($13,550 Mil) to Dec. 2023 ($12,950 Mil).

Siemens AG's annual accounts payable & accrued expense increased from Sep. 2021 ($12,519 Mil) to Sep. 2022 ($12,572 Mil) and increased from Sep. 2022 ($12,572 Mil) to Sep. 2023 ($13,550 Mil).

Siemens AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Siemens AG'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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Siemens AG Accounts Payable & Accrued Expense Chart

Siemens AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Payable & Accrued Expense

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15,183.92

11,959.95

12,518.82

12,572.28

13,549.63

Siemens AG 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															12,668.43	12,500.00	12,666.31	13,549.63	12,949.84

Siemens AG 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.

Siemens AG (Siemens AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Siemens AG (OTCPK:SIEGY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SMAWF:USA SIE:Mexico SIE:Italy SIEMENS:Hungary SIEd:UK 0P6M:UK SIE:Germany SIEB:Germany SIE:Germany SIE:Germany SIEB:Germany SIE:Germany SIE:Austria

Address

Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333

Website

https://www.siemens.com

Siemens AG is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.