Ciech (WAR:CIE) Accounts Payable & Accrued Expense : zł2,449 Mil (As of Sep. 2023)

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What is Ciech Accounts Payable & Accrued Expense?

Ciech's quarterly accounts payable & accrued expense declined from Mar. 2023 (zł2,840 Mil) to Jun. 2023 (zł2,696 Mil) and declined from Jun. 2023 (zł2,696 Mil) to Sep. 2023 (zł2,449 Mil).

Ciech's annual accounts payable & accrued expense increased from Dec. 2020 (zł1,334 Mil) to Dec. 2021 (zł1,391 Mil) and increased from Dec. 2021 (zł1,391 Mil) to Dec. 2022 (zł1,986 Mil).

Ciech Accounts Payable & Accrued Expense Historical Data

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

Ciech Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Accounts Payable & Accrued Expense

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842.60

537.09

1,334.17

1,390.81

1,986.24

Ciech Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,428.62	1,986.24	2,840.21	2,695.84	2,449.28

Ciech 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.

Ciech (WAR:CIE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ciech SA (WAR:CIE) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

ul Wspolna Street 62, Warsaw, POL, 00-684

Website

https://www.ciechgroup.com

Ciech SA manufactures and sells soda ash, glass, and chemical-based products. The firm's four segments are based on product type and function. The Soda segment, which generates the majority of revenue, sells soda ash used in the production of glass, detergents, and chemicals. Agro Segment is a manufacturer of crop protection products used in agriculture. The resins segment produces epoxy resins and polyester resins. Foams Segment is a producer of polyurethane foams, mainly used in the furniture industry for upholstered furniture and mattresses. Silicates Segment manufactures sodium silicates and potassium silicates. The packaging segment manufactures glass packaging lanterns and jars, used in the food industry and for the production of headstone lamps.

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