AAK AB (OSTO:AAK) Accounts Payable & Accrued Expense : kr3,804 Mil (As of Mar. 2024)

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What is AAK AB Accounts Payable & Accrued Expense?

AAK AB's quarterly accounts payable & accrued expense increased from Sep. 2023 (kr3,915 Mil) to Dec. 2023 (kr4,324 Mil) but then declined from Dec. 2023 (kr4,324 Mil) to Mar. 2024 (kr3,804 Mil).

AAK AB's annual accounts payable & accrued expense declined from Dec. 2021 (kr5,992 Mil) to Dec. 2022 (kr5,981 Mil) and declined from Dec. 2022 (kr5,981 Mil) to Dec. 2023 (kr4,324 Mil).

AAK AB Accounts Payable & Accrued Expense Historical Data

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

AAK AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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3,828.00

4,019.00

5,992.00

5,981.00

4,324.00

AAK AB 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															4,110.00	4,498.00	3,915.00	4,324.00	3,804.00

AAK AB 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.

AAK AB (OSTO:AAK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AAK AB (OSTO:AAK) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

AAKs:UK 0A0J:UK 6AA0:Germany

Address

Skrivaregatan 9, Malmo, SWE, SE-215 32

Website

https://www.aak.com

AAK AB is a Swedish refined vegetable oils producer with sales operations around the world. The company has three business segments: Food ingredients, Chocolate & confectionery fats, and Technical products & feed. The food ingredients segment provides solutions to the bakery, dairy, nutrition, plant-based, & food service industries. The Chocolate & Confectionery Fats segment mainly serves manufacturers of chocolate, spreads, & fillings products as well as customers in the personal care industry. Technical Products & Feed segment provides a growing range of specialized solutions, responding to an increased demand for natural ingredients & sustainability. The majority is from the Food ingredients segment.

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