Volvo AB (Volvo AB) Other Operating Expense : $-19 Mil (TTM As of Mar. 2024)

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What is Volvo AB Other Operating Expense?

Volvo AB's Other Operating Expense for the three months ended in Mar. 2024 was $54 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-19 Mil.

Volvo AB's quarterly Other Operating Expense declined from Sep. 2023 ($106 Mil) to Dec. 2023 ($-818 Mil) but then increased from Dec. 2023 ($-818 Mil) to Mar. 2024 ($54 Mil).

Volvo AB's annual Other Operating Expense increased from Dec. 2021 ($68 Mil) to Dec. 2022 ($447 Mil) but then declined from Dec. 2022 ($447 Mil) to Dec. 2023 ($160 Mil).

Volvo AB Other Operating Expense Historical Data

The historical data trend for Volvo AB's Other Operating 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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Volvo AB Other Operating Expense Chart

Volvo AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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103.69

247.04

68.43

447.20

160.18

Volvo AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															189.00	638.22	106.45	-817.93	54.46

Volvo AB Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19 Mil.

Volvo AB Other Operating Expense Related Terms

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Volvo AB (Volvo AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Volvo AB (OTCPK:VOLVF) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

VOLAF:USA VLVLY:USA VOLV B:Sweden VOLV A:Sweden VOLVBs:UK 0MHW:UK 0HTP:UK VOL1:Germany VOLVB:Czech Republic

Address

Gropegardsgatan 2, Gothenburg, SWE, 417 15

Website

https://www.volvogroup.com

Volvo AB drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase the customers' uptime and productivity.