Cargotec Oyj (Cargotec Oyj) Accounts Payable & Accrued Expense : $667 Mil (As of Dec. 2023)

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What is Cargotec Oyj Accounts Payable & Accrued Expense?

Cargotec Oyj's quarterly accounts payable & accrued expense declined from Jun. 2023 ($733 Mil) to Sep. 2023 ($643 Mil) but then increased from Sep. 2023 ($643 Mil) to Dec. 2023 ($667 Mil).

Cargotec Oyj's annual accounts payable & accrued expense increased from Dec. 2021 ($676 Mil) to Dec. 2022 ($779 Mil) but then declined from Dec. 2022 ($779 Mil) to Dec. 2023 ($667 Mil).

Cargotec Oyj Accounts Payable & Accrued Expense Historical Data

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

Cargotec Oyj Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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521.33

494.16

676.16

779.03

667.39

Cargotec Oyj 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															779.03	749.04	733.26	643.01	667.39

Cargotec Oyj 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.

Cargotec Oyj (Cargotec Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Cargotec Oyj (OTCPK:CYJBF) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

0MGH:UK CGCBV:Finland C1C:Germany

Address

Porkkalankatu 5, Helsinki, FIN, 00180

Website

https://www.cargotec.com

Cargotec Oyj provides cargo and load handling solutions. Its product portfolio consists of a wide range of handling equipment and solutions, including services for terminals and distribution centers, spare parts for on-road delivery, and systems for handling marine cargo. Mobile equipment mixed with automation and energy-efficient offerings helps customers integrate different handling processes. Cargotec operates three business segments: Kalmar, Hiab, and MacGregor. The majority of sales derive from distributing products, but a global network offers services and components. Customers range from small businesses to large national organizations. The company has established customer relationships in Europe/Middle East/Africa, Asia-Pacific, and the Americas.

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