SSAB AB (SSAB AB) Accounts Payable & Accrued Expense : $1,872 Mil (As of Mar. 2024)

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What is SSAB AB Accounts Payable & Accrued Expense?

SSAB AB's quarterly accounts payable & accrued expense declined from Sep. 2023 ($1,816 Mil) to Dec. 2023 ($1,808 Mil) but then increased from Dec. 2023 ($1,808 Mil) to Mar. 2024 ($1,872 Mil).

SSAB AB's annual accounts payable & accrued expense declined from Dec. 2021 ($2,084 Mil) to Dec. 2022 ($2,027 Mil) and declined from Dec. 2022 ($2,027 Mil) to Dec. 2023 ($1,808 Mil).

SSAB AB Accounts Payable & Accrued Expense Historical Data

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

SSAB AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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1,301.05

1,357.03

2,083.92

2,027.46

1,808.12

SSAB 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															1,809.51	1,877.41	1,815.55	1,808.12	1,872.20

SSAB 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.

SSAB AB (SSAB AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SSAB AB (OTCPK:SSAAY) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

SSAB B:Sweden SSAB A:Sweden SSABBs:UK SSABAs:UK 0MHZ:UK 0KII:UK SSABBH:Finland SSABAH:Finland SKWA:Germany

Address

Klarabergsviadukten 70, D6, Box 70, Stockholm, SWE, SE-101 21

Website

https://www.ssab.com

SSAB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB primarily serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates most of its revenue from Europe and North America.

SSAB AB (SSAB AB) Headlines

From GuruFocus

SSAB's Annual Report 2022 is published

By PRNewswire PRNewswire • 03-24-2023

SSAB's Annual Report 2021 published

By PRNewswire PRNewswire • 03-16-2022

SSAB's Annual Report 2018 Published

By PRNewswire PRNewswire • 03-18-2019

SSAB's Annual Report 2017 Published

By PRNewswire PRNewswire • 03-19-2018