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Orlen (STU:PKY1) Accounts Payable & Accrued Expense : €10,021 Mil (As of Mar. 2024)


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What is Orlen Accounts Payable & Accrued Expense?

Orlen's quarterly accounts payable & accrued expense declined from Sep. 2023 (€10,320 Mil) to Dec. 2023 (€6,970 Mil) but then increased from Dec. 2023 (€6,970 Mil) to Mar. 2024 (€10,021 Mil).

Orlen's annual accounts payable & accrued expense increased from Dec. 2021 (€3,967 Mil) to Dec. 2022 (€9,938 Mil) but then declined from Dec. 2022 (€9,938 Mil) to Dec. 2023 (€6,970 Mil).


Orlen Accounts Payable & Accrued Expense Historical Data

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

Orlen Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,621.25 2,442.73 3,967.09 9,938.49 6,970.00

Orlen 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 12,819.16 10,882.97 10,320.18 6,970.00 10,020.62

Orlen 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.


Orlen (STU:PKY1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Orlen SA (STU:PKY1) » Definitions » Accounts Payable & Accrued Expense
Address
Chemikow 7 Street, Plock, POL, 09-411
Orlen SA is an energy conglomerate that refines and distributes oil in Poland, the Czech Republic, Germany, and Lithuania. Through a group of refineries, it processes crude oil into gasoline, diesel oil, fuel oil, and aviation fuel. The company also produces petrochemicals and products used by chemical companies as feedstock. Additional operations include exploration and production activities in Poland, where it is domiciled, and Canada. Oil products are offered through thousands of service stations, which is supported by logistics infrastructure. This infrastructure includes surface and underground storage depots and a long-distance pipeline network.

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