TMK PAO (TMK PAO) Accounts Payable & Accrued Expense : $1,290 Mil (As of Jun. 2022)

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What is TMK PAO Accounts Payable & Accrued Expense?

TMK PAO's quarterly accounts payable & accrued expense declined from Sep. 2021 ($1,435 Mil) to Dec. 2021 ($1,312 Mil) and declined from Dec. 2021 ($1,312 Mil) to Jun. 2022 ($1,290 Mil).

TMK PAO's annual accounts payable & accrued expense declined from Dec. 2019 ($823 Mil) to Dec. 2020 ($664 Mil) but then increased from Dec. 2020 ($664 Mil) to Dec. 2021 ($1,312 Mil).

TMK PAO Accounts Payable & Accrued Expense Historical Data

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

TMK PAO Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Accounts Payable & Accrued Expense

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778.45

714.91

822.85

664.10

1,311.72

TMK PAO Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,131.35	1,388.25	1,434.90	1,311.72	1,290.40

TMK PAO 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.

TMK PAO (TMK PAO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » TMK PAO (GREY:TMKOY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

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Address

40/2a, Pokrovka Street, Moscow, RUS, 101000

Website

http://www.tmk-group.com

TMK PAO produces and supplies steel pipes for the oil and gas industry. The company integrates production assets in Russia, the United States, Canada, Oman, Romania, and Kazakhstan. TMK's core business is the production and sale of seamless and welded pipe, including large-diameter pipe, and pipe with premium connections, combined with an extensive range of services in heat treatment, protective coating, premium connections threading, pipe storage, and repair. Seamless pipe sales account for the majority of the company's revenue with the majority of sales generated in Russia.

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