Corning (FRA:GLW) Accounts Payable & Accrued Expense : €1,966 Mil (As of Dec. 2023)

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What is Corning Accounts Payable & Accrued Expense?

Corning's quarterly accounts payable & accrued expense declined from Jun. 2023 (€1,987 Mil) to Sep. 2023 (€1,957 Mil) but then increased from Sep. 2023 (€1,957 Mil) to Dec. 2023 (€1,966 Mil).

Corning's annual accounts payable & accrued expense increased from Dec. 2021 (€2,329 Mil) to Dec. 2022 (€2,509 Mil) but then declined from Dec. 2022 (€2,509 Mil) to Dec. 2023 (€1,966 Mil).

Corning Accounts Payable & Accrued Expense Historical Data

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

Corning Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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2,100.60

1,577.42

2,329.32

2,509.15

1,966.05

Corning 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															2,509.15	2,116.44	1,987.22	1,957.39	1,966.05

Corning 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.

Corning (FRA:GLW) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

GLW:USA 1GLW:Italy GLW:Germany GLW:Germany G1LW34:Brazil GLW:Argentina

Address

One Riverfront Plaza, Corning, NY, USA, 14831

Website

https://www.corning.com

Corning is a leader in materials science, specializing in the production of glass, ceramics, and optical fiber. The firm supplies its products for a wide range of applications, from flat-panel displays in televisions to gasoline particulate filters in automobiles to optical fiber for broadband access, with a leading share in many of its end markets.