SK Innovation Co (XKRX:096775) Accounts Payable & Accrued Expense : ₩15,022,347 Mil (As of Dec. 2023)

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What is SK Innovation Co Accounts Payable & Accrued Expense?

SK Innovation Co's quarterly accounts payable & accrued expense increased from Jun. 2023 (₩12,820,126 Mil) to Sep. 2023 (₩15,159,499 Mil) but then declined from Sep. 2023 (₩15,159,499 Mil) to Dec. 2023 (₩15,022,347 Mil).

SK Innovation Co's annual accounts payable & accrued expense increased from Dec. 2021 (₩8,467,295 Mil) to Dec. 2022 (₩12,332,892 Mil) and increased from Dec. 2022 (₩12,332,892 Mil) to Dec. 2023 (₩15,022,347 Mil).

SK Innovation Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for SK Innovation Co'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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SK Innovation Co Accounts Payable & Accrued Expense Chart

SK Innovation Co Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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5,552,472.24

4,837,325.83

8,467,295.48

12,332,891.76

15,022,346.76

SK Innovation Co 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															12,332,891.76	13,584,549.82	12,820,126.20	15,159,499.47	15,022,346.76

SK Innovation Co 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.

SK Innovation Co (XKRX:096775) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SK Innovation Co Ltd (XKRX:096775) » Definitions » Accounts Payable & Accrued Expense

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096770:Korea

Address

SK Building, 26, Jong-ro, Jongno-gu, Seoul, KOR

Website

http://www.skinnovation.com

SK Innovation Co Ltd is a global energy and chemical company. It operates in petroleum production, refining, chemicals, and lubricants. Operations are divided into four segments: Petroleum, Petrochemicals, Lubricants, and Others. The Petroleum segment provides majority of the revenue for the group. SK engages in exploration and production activities around the world. Petroleum products like gasoline, diesel, and asphalt are produced at its refineries in Korea. The business has a network of gas stations with a paid membership service. Additional subsidiaries under the Petroleum segment provide customized service information for freight truck business operators and a website for enterprise customers of SK Energy.

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