Wacker Chemie AG (XTER:WCH) Accounts Payable & Accrued Expense : €972 Mil (As of Dec. 2023)

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What is Wacker Chemie AG Accounts Payable & Accrued Expense?

Wacker Chemie AG's quarterly accounts payable & accrued expense increased from Dec. 2022 (€1,022 Mil) to Jun. 2023 (€1,049 Mil) but then declined from Jun. 2023 (€1,049 Mil) to Dec. 2023 (€972 Mil).

Wacker Chemie AG's annual accounts payable & accrued expense increased from Dec. 2021 (€864 Mil) to Dec. 2022 (€1,022 Mil) but then declined from Dec. 2022 (€1,022 Mil) to Dec. 2023 (€972 Mil).

Wacker Chemie AG Accounts Payable & Accrued Expense Historical Data

The historical data trend for Wacker Chemie 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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Wacker Chemie AG Accounts Payable & Accrued Expense Chart

Wacker Chemie AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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392.20

464.00

863.90

1,021.60

971.80

Wacker Chemie AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															863.90	1,316.60	1,021.60	1,048.50	971.80

Wacker Chemie 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.

Wacker Chemie AG (XTER:WCH) Business Description

Industry

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Traded in Other Exchanges

WKCMF:USA 1WCH:Italy WCHd:UK 0NR4:UK

Address

Hanns-Seidel-Platz 4, Munich, BY, DEU, 81737

Website

https://www.wacker.com

Wacker Chemie AG manufactures and sells chemicals and silicon-based products. The firm organizes itself into four segments based on product type. The Wacker Silicones segment, which generates the most revenue of any segment, sells silicon- and methanol-based products, including durable insulators, lubricants, and sealants. The Wacker Polymers segment provides chemical binders and additives used in construction industry products. The Wacker Biosolutions segment sells chemicals to the pharmaceutical and agrochemical industries. The Wacker Polysilicon segment sells material for solar power and semiconductors. The majority of revenue comes from Europe, China, India, and South Korea.

Wacker Chemie AG (XTER:WCH) Headlines

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