Axalta Coating Systems (LTS:0U6C) Accounts Payable & Accrued Expense : $1,111 Mil (As of Dec. 2023)

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What is Axalta Coating Systems Accounts Payable & Accrued Expense?

Axalta Coating Systems's quarterly accounts payable & accrued expense increased from Jun. 2023 ($1,290 Mil) to Sep. 2023 ($1,326 Mil) but then declined from Sep. 2023 ($1,326 Mil) to Dec. 2023 ($1,111 Mil).

Axalta Coating Systems's annual accounts payable & accrued expense increased from Dec. 2021 ($1,048 Mil) to Dec. 2022 ($1,144 Mil) but then declined from Dec. 2022 ($1,144 Mil) to Dec. 2023 ($1,111 Mil).

Axalta Coating Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for Axalta Coating Systems'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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Axalta Coating Systems Accounts Payable & Accrued Expense Chart

Axalta Coating Systems Annual Data

Trend

Dec14

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Dec18

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Dec20

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Dec23

Accounts Payable & Accrued Expense

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811.50

893.70

1,048.40

1,143.90

1,111.30

Axalta Coating Systems 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															1,143.90	1,238.10	1,290.20	1,326.30	1,111.30

Axalta Coating Systems 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.

Axalta Coating Systems (LTS:0U6C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Axalta Coating Systems Ltd (LTS:0U6C) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AXTA:USA 9AX:Germany

Address

50 Applied Bank Boulevard, Suite 300, Glen Mills, PA, USA, 19342

Website

https://www.axalta.com

Axalta Coating Systems Ltd is a manufacturer, marketer and distributor of high-performance coatings systems. It operates in two segments, The Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base. Its end markets include refinish and industrial. The Mobility Coatings segment relates to the provision of coating technologies to original equipment manufacturers of light and commercial vehicles. The company operates in the geographic areas of North America, EMEA countries, Asia-Pacific and Latin America.

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