Scandinavian Tobacco Group A/S (OCSE:STG) Accounts Payable & Accrued Expense : kr619 Mil (As of Mar. 2024)

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What is Scandinavian Tobacco Group A/S Accounts Payable & Accrued Expense?

Scandinavian Tobacco Group A/S's quarterly accounts payable & accrued expense declined from Sep. 2023 (kr812 Mil) to Dec. 2023 (kr629 Mil) and declined from Dec. 2023 (kr629 Mil) to Mar. 2024 (kr619 Mil).

Scandinavian Tobacco Group A/S's annual accounts payable & accrued expense increased from Dec. 2021 (kr607 Mil) to Dec. 2022 (kr714 Mil) but then declined from Dec. 2022 (kr714 Mil) to Dec. 2023 (kr629 Mil).

Scandinavian Tobacco Group A/S Accounts Payable & Accrued Expense Historical Data

The historical data trend for Scandinavian Tobacco Group A/S'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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Scandinavian Tobacco Group A/S Accounts Payable & Accrued Expense Chart

Scandinavian Tobacco Group A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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455.50

661.80

606.90

714.20

628.50

Scandinavian Tobacco Group A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															722.20	683.30	811.60	628.50	619.00

Scandinavian Tobacco Group A/S 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.

Scandinavian Tobacco Group A/S (OCSE:STG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Scandinavian Tobacco Group A/S (OCSE:STG) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

STBGY:USA SNDVF:USA 0RES:UK 8ZI:Germany

Address

Sandtoften 9, Gentofte, DNK, 2820

Website

https://www.st-group.com

Scandinavian Tobacco Group offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which primarily sells handmade cigars and accessories in stores and online; North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland. The largest portion of the firm's revenue comes from the Europe branded segment.